Coffee News September 10, 2024
10 thg 9, 2024
Domestic Coffee Prices:
As of today, domestic coffee prices range from 119,700 to 120,300 VND/kg, with an average of 120,000 VND/kg, up 2,000 VND compared to yesterday. The highest purchasing price is in Đắk Nông and Gia Lai provinces at 120,300 VND/kg. The lowest price is in Lâm Đồng province at 119,700 VND/kg.
Global Coffee Market:
The depreciation of the USD and weather conditions in Brazil continue to raise concerns about supply, affecting coffee prices in the market.
December 2024 Arabica Coffee Futures:
The December 2024 Arabica Coffee Futures turned upward. Specifically, the settlement price on September 9 was 245.40 cents/pound, an increase of 3.98% compared to the previous day.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
8/30/2024 | 244.05 | ||
9/2/2024 | 244.05 | 0.00 | 0.00% |
9/3/2024 | 242.80 | -1.25 | -0.51% |
9/4/2024 | 243.70 | 0.90 | 0.37% |
9/5/2024 | 244.20 | 0.50 | 0.21% |
9/6/2024 | 236.00 | -8.20 | -3.36% |
9/9/2024 | 245.40 | 9.40 | 3.98% |
November 2024 Robusta Coffee Futures:
The November 2024 Robusta Coffee Futures also saw an upward trend. The settlement price on September 9 was 4,891 USD/ton, up 2.54% from the previous week.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
8/30/2024 | 4,948 | ||
9/2/2024 | 4,700 | -248 | -5.01% |
9/3/2024 | 4,710 | 10 | 0.21% |
9/4/2024 | 4,912 | 202 | 4.29% |
9/5/2024 | 4,911 | -1 | -0.02% |
9/6/2024 | 4,770 | -141 | -2.87% |
9/9/2024 | 4,891 | 121 | 2.54% |
Source: Compiled Data
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