May 15, 2025 | 00:31 GMT +7
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May 15, 2025 | 00:31 GMT +7
Hotline: 0913.378.918
Latest coffee prices in domestic and global markets on 06/22/2024
Globally, both the London and New York exchanges saw significant declines on June 22.
Specifically, Robusta prices on the London exchange for July 2024 delivery dropped by $ 75, falling to $ 4,299/ton. The September 2024 delivery also saw a sharp decline, dropping by $ 72 to $ 4,104/ton.
On the New York exchange, Arabica prices for September 2024 delivery decreased by 5.35 cents, reaching 225 cents/lb. The November 2024 delivery also fell significantly by 5.3 cents, settling at 223.25 cents/lb.
Arabica and Robusta prices on 06/22/2024
Today global coffee prices turned sharply down due to a rising USD. As of the survey time, the DXY index, which measures the dollar against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), increased to 105.83.
Previously, both Robusta and Arabica had risen significantly to the highest levels in two weeks. This was due to ongoing hot and dry weather in Brazil and Vietnam, raising concerns about global coffee production for the upcoming season.
According to some industry experts, coffee prices are likely to be less volatile in the near future compared to recent months but will remain at high levels. This is because Brazil is in the peak harvest season, while Vietnam's new harvest won't begin until October.
Thus, world coffee prices on 06/22/2024 saw a significant decrease compared to yesterday.
In the domestic market, coffee prices turned sharply down compared to yesterday.
Specifically, in Lam Dong province, the three districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 120,500/kg.
In Dak Lak, Cu M'gar district is purchasing at VND 121,500/kg today. Meanwhile, Ea H'leo and Buon Ho districts are trading at VND 121,400/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap are trading at VND 121,700 and VND 121,600/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 121,500/kg, while Pleiku and La Grai districts are holding steady at VND 121,400/kg.
The purchase price in Kon Tum today is VND 121,500/kg.
The domestic coffee prices today have dropped by VND 1,500, causing the commodity to fall below the VND 122,000/kg threshold.
Currently, there are no specific figures available, but it is certain that the output for the 2024/25 season will not match that of the previous season. Therefore, Vietnam's coffee industry needs to prepare more defensive strategies and improve risk management for the upcoming harvest.
Thus, domestic coffee prices on 06/22/2024, are trading around the range of VND 120,500 - 121,700/kg.
$ 1 = VND 25.218 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Coffee prices on May 13, 2025 decreased by VND 1,200, trading around VND 125,500 – 126,000/kg. Global coffee prices also fell sharply.
(VAN) Pepper prices on May 12, 2025 in the domestic market are hovering around VND 151,000 - 152,000/kg, while global pepper prices also remain flat.
(VAN) Coffee prices on May 12, 2025, continue to trade around the range of VND 128,000 – 128,200/kg. Meanwhile, global coffee prices remain stable.
(VAN) Rubber prices on May 12, 2025, increase slightly globally. Latex purchasing prices in Vietnam remained steady, ranging from VND 397 to VND 462/TSC.
(VAN) Rubber prices on May 9, 2025, on the global market fluctuated wildly. Meanwhile, domestic latex prices remain steady, ranging from VND 397 to 462/TSC.
(VAN) Pepper prices on May 9, 2025, remained unchanged domestically, trading at VND 153,000 – 155,000/kg. Global pepper prices showed little fluctuation.
(VAN) Coffee prices on May 9, 2025, increased by VND 300 domestically, trading at VND 128,000 – 128,400/kg. Global coffee prices also saw a slight uptick.
