Coffee News August 22, 2024
22 thg 8, 2024
Domestic Coffee Prices:
Today's domestic coffee prices range from 118,500 to 119,300 VND/kg, with an average price of 119,100 VND/kg, unchanged from yesterday. The highest prices are in the provinces of Đắk Lắk, Đắk Nông, and Gia Lai at 119,300 VND/kg, while the lowest is in Lâm Đồng at 118,500 VND/kg.
Global Coffee Situation:
Concerns about adverse weather in Brazil and Vietnam potentially damaging supply have caused coffee prices to continue rising.
September 2024 Arabica Coffee Futures:
The September 2024 Arabica Coffee Futures price remained unchanged at 249.45 cents per pound.
Price Table for September 2024 Arabica Coffee Futures (KCEU24):
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
8/13/2024 | 232.7 | ||
8/14/2024 | 237.0 | 4.30 | 1.85% |
8/15/2024 | 239.9 | 2.90 | 1.22% |
8/16/2024 | 245.45 | 5.55 | 2.31% |
8/19/2024 | 245.9 | 0.45 | 0.18% |
8/20/2024 | 249.45 | 3.55 | 1.44% |
8/21/2024 | 249.45 | 0.00 | 0.00% |
September 2024 Robusta Coffee Futures:
The September 2024 Robusta Coffee Futures price continued to rise. The settlement price on August 21, 2024, was 4,954 USD/ton, up 1.54% from the previous session.
Price Table for September 2024 Robusta Coffee Futures (LRCU24):
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
8/13/2024 | 4,375 | ||
8/14/2024 | 4,472 | 97 | 2.22% |
8/15/2024 | 4,571 | 99 | 2.21% |
8/16/2024 | 4,655 | 84 | 1.84% |
8/19/2024 | 4,708 | 53 | 1.14% |
8/20/2024 | 4,879 | 171 | 3.63% |
8/21/2024 | 4,954 | 75 | 1.54% |
Source: Collected from various sources
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