Coffee prices, July 24: Adjusted oppositely in the world market

In the world market

In the world market, coffee prices today, July 24, are adjusted oppositely compared to yesterday morning.

Ending the latest session, the Robusta coffee price in London exchange delivered in September 2021 increases by US$ 10 per ton at US$ 1,899 per ton and increases by US$ 12 per ton at US$ 1,907 per ton for November delivery.

In contrast, the Arabica coffee price delivered in September 2021 decreases by Cent 4.65 per pound at Cent 189 per pound and decreases by Cent 4.65 per pound at Cent 197.95 per pound for December delivery.

As a result, coffee prices today, July 24, are adjusted oppositely. Specifically, the Arabica coffee price decreases slightly after being at the highest level in the past 6.5 years.

In the domestic market

Coffee prices today, July 24, decrease by an average of VND 800 per kilogram in the domestic market compared to yesterday morning.

Specifically, coffee prices in Di Linh, Bao Loc, and Lam Ha districts of Lam Dong province today are the same at VND 36,700 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is kept at VND 37,600 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are today at VND 37,500 per kilogram.

In Gia Nghia and Dak R'lap districts of Dak Nong province, coffee is purchased at VND 37,500 per kilogram and VND 37,400 per kilogram, respectively.

The coffee price today in Chu Prong, Gia Lai province, is at VND 37,500 per kilogram. In Pleiku City and La Grai district, the coffee prices are the same at VND 37,400 per kilogram.

Traders in Kon Tum province purchase coffee at the price of VND 37,500 per kilogram.

The domestic coffee industry is not likely to benefit much, although world coffee prices, as forecasted, will continue to rise higher in the upcoming time.

In summary, coffee prices today, July 24, in the domestic market are trading at the range of VND 36,700-37,600 per kilogram.