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Coffee News June 19, 2024

19 thg 6, 2024

Domestic Coffee Prices

Today's domestic coffee prices range between 118,800 – 120,000 VND/kg, a significant decrease of 1,200 VND/kg compared to the end of yesterday. The highest purchase price is in Dak Nong province at 120,000 VND/kg, while the lowest is in Lam Dong province at 118,800 VND/kg.

Global Coffee Situation

Coffee prices decreased yesterday, with Robusta coffee falling to the lowest level in two and a half weeks. The weakening of the Brazilian Real against the USD is contributing to lower coffee prices, as the Real hit its lowest level in 17 months yesterday.


The price of the Coffee Arabica July 2024 contract declined slightly. Specifically, the settlement price on June 18 was 226.3 cents/pound, down 0.37% from the previous day.

Coffee Arabica July 2024 Contract Price (KCEN24)

Ngày

Giá thanh toán (cent/pound)

Thay đổi giá (cent)

Tỉ lệ thay đổi giá (%)

6/10/2024

221.4



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%

6/18/2024

226.3

-0.85

-0.37%

The price of the Coffee Robusta July 2024 contract also decreased slightly. Specifically, the settlement price on June 18 was $4,108/ton, down 1.32% from the previous session.

Coffee Robusta July 2024 Contract Price (LRCN24)

Ngày

Giá thanh toán (USD/Tấn)

Thay đổi giá (USD)

Tỉ lệ thay đổi giá (%)

6/10/2024

4,236



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%

6/18/2024

4,108

-55

-1.32%


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