January 30, 2025 | 20:21 GMT +7
Hotline: 0913.378.918
January 30, 2025 | 20:21 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 09/06/2024
In the global market, both the London and New York exchanges continue their upward trend on September 6.
Specifically, Robusta prices on the London exchange for November 2024 delivery slightly decreased by $ 1, settling at $ 4,911/ton, while January 2025 delivery increased by $ 9, reaching $ 4,684/ton.
On the New York exchange, Arabica prices for December 2024 delivery rose by 0.5 cents, reaching 244.20 cents/lb, and March 2025 delivery edged up by 0.65 cents, standing at 242.65 cents/lb.
Latest Arabica and Robusta prices on 09/06/2024
Global coffee prices continue to rise, though at a slower pace compared to yesterday. The weakening USD remains a key factor supporting the increase in both exchanges.
As of the latest survey, the DXY index, which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), has dropped to 101.06.
The USD fell during a volatile trading session as investors await the U.S. non-farm payroll report, which will be released today, September 6. This report could influence the Federal Reserve's future interest rate cut trajectory.
The Brazilian Coffee Exporters Association (Cecafé) will release its export data for August next week. The third official estimate for Brazil's 2024/25 crop from the government agency Conab will be announced on September 19.
In Honduras, coffee exports from the leading Central American producer decreased by 19.4%, down to 321,303 bags in August.
This brings the total export volume for the first 11 months of the 2023/24 coffee season to 4.53 million bags, a decrease of 11.7% compared to the same period in 2022/23.
Thus, global coffee prices on 09/06/2024, have slightly increased compared to yesterday.
In the domestic market, coffee prices today, September 6, increased by VND 1,200 compared to yesterday.
Specifically, in Lam Dong province, the three districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 119,400/kg.
In Dak Lak, Cu M'gar district is purchasing at VND 120,200/kg today, while Ea H'leo and Buon Ho districts are trading at VND 120,100/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap are transacting at VND 120,500 and VND 120,400/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 120,200/kg, while Pleiku and La Grai are holding steady at VND 120,100/kg.
In Kon Tum, today's purchase price is VND 120,200/kg.
Domestic coffee prices today continued to rise sharply, pushing this agricultural product easily past the threshold of VND 120,000/kg.
Thus, on 09/06/2024, domestic coffee prices are trading around VND 119,400 - 120,500/kg.
$ 1 = VND 24.420 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) It's a new year but virtually the same old retail prices for fertilizers.
(VAN) From the FAO Regional Office for Latin America and the Caribbean.
(VAN) Thus, pepper prices are expected to remain higher this year and surmount the aforementioned figure, as the production of pepper is anticipated to decrease while the demand remains steady.
(VAN) Old school meteorologists, sociologists and economists long have believed that the solar cycle has a huge impact on human activity and the general health of all living things.
(VAN) Coffee prices on January 22, 2025, continue to rise sharply, with an increase of VND 1,000 - 1,500/kg, ranging from VND 119,300 – 121,300/kg.
(VAN) Pepper prices on January 21, 2025, continue to remain stable in the Central Highlands and the South. Prices range from VND 145,000 to VND 146,000/kg.
(VAN) Coffee prices on January 21, 2025, slightly decreased by VND 800 to 1,100/kg after increases. Current coffee prices range at VND 118,200 to 119,000/kg.
