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Coffee News June 18, 2024

18 thg 6, 2024

Domestic Coffee Price Situation:

Today, the average price of coffee in the domestic market is 121,100 VND/kg, an increase of 1,000 VND compared to yesterday. The highest buying price is in Dak Nong province at 121,200 VND/kg.



Global Coffee Price Situation

Coffee-growing regions in Brazil experienced less rainfall than usual last weekend, coinciding with the peak of the country's harvest season. At the same time, the USD has cooled off, making commodities priced in this currency, such as coffee, more attractive to global investors.


The July 2024 Arabica Coffee Futures contract saw a slight increase. Specifically, the settlement price on June 17 was 227.15 cents per pound, up 1.34% compared to the previous day.

September 2024 Arabica Coffee Futures price quotes (KCEU24)

Ngày

Giá thanh toán (cent/pound)

Thay đổi giá (cent)

Tỉ lệ thay đổi giá (%)

6/7/2024

224.8



6/10/2024

221.4

-3.40

-1.51%

6/11/2024

220.55

-0.85

-0.38%

6/12/2024

224.35

3.80

1.72%

6/13/2024

226.05

1.70

0.76%

6/14/2024

224.15

-1.90

-0.84%

6/17/2024

227.15

3.00

1.34%


The July 2024 Robusta Coffee Futures contract also saw a slight increase. Specifically, the settlement price on June 17 was $4,163 per ton, up 1.17% compared to the previous session.

September 2024 Robusta Coffee Futures price quotes (LRCU24)

Ngày

Giá thanh toán (USD/Tấn)

Thay đổi giá (USD)

Tỉ lệ thay đổi giá (%)

6/7/2024

4,275



6/10/2024

4,236

-39

-0.91%

6/11/2024

4,196

-40

-0.94%

6/12/2024

4,240

44

1.05%

6/13/2024

4,221

-19

-0.45%

6/14/2024

4,115

-106

-2.51%

6/17/2024

4,163

48

1.17%


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