November 8, 2024 | 04:54 GMT +7

  • Click to copy
Monday- 14:53, 09/09/2024

Coffee prices on 09/09/2024: Approaching VND 119,000/kg

(VAN) Coffee prices on 09/09/2024, remain stable. Domestic coffee prices are currently trading around VND 117,800 - 118,900/kg.
Latest domestic and global coffee prices on 09/09/2024

Latest domestic and global coffee prices on 09/09/2024

Coffee prices on September 9 globally

On the global market, both the London and New York exchanges remained steady on September 9.

Robusta prices on the London exchange for November 2024 delivery held at $ 4,770/ton, while the January 2025 contract was at $ 4,555/ton.

Meanwhile, on the New York exchange, Arabica prices for December 2024 delivery stood at 236.00 cents/lb, and the March 2025 contract was at 234.55 cents/lb.

Latest Arabica and Robusta prices on 09/09/2024

Latest Arabica and Robusta prices on 09/09/2024

Global coffee prices remained stable today. However, summarizing this week's performance, both exchanges experienced significant declines. Robusta prices for November delivery dropped by $ 178/ton, while Arabica prices for December delivery fell by 8.05 cents/lb.

The steep decline at the end of the week was driven by a surge in global coffee exports, following a report from the International Coffee Organization (ICO).

Brazil's government released preliminary data showing that the country's green coffee exports in August were 4.86% higher than in the same period last year, totalling over 3.45 million bags.

Thus, global coffee prices on 09/09/2024 remained steady compared to yesterday.

Coffee prices on September 9 domestically

Domestically, the coffee market saw no changes today compared to yesterday.

Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha were all trading at VND 117,800/kg.

In Dak Lak, Cu M'gar district was purchasing at VND 118,500/kg, while Ea H'leo and Buon Ho were trading at VND 118,400/kg.

In Dak Nong, traders in Gia Nghia and Dak R'lap were trading at VND 118,900/kg and VND 118,800/kg, respectively.

In Gia Lai province, Chu Prong district was trading at VND 118,500/kg, while Pleiku and La Grai held steady at VND 118,400/kg.

Lastly, in Kon Tum province, today's purchase price was VND 118,500/kg.

Domestic coffee prices today remain stable, with the highest level reaching VND 118,900/kg. Over the past week, this agricultural commodity has lost up to VND 3,200.

The Vietnam Customs reported that Vietnam's coffee exports in August recorded a 14.10% decrease compared to the same period last year, reaching only about 1.22 million bags. The cumulative export volume for the first 11 months of the 2023/2024 crop year was reported to be 12.71% lower than the previous year, standing at over 23.44 million bags.

These figures indicate a lower export volume and a shortage of supply from this leading Robusta producer during the 2023/24 crop year. This, in turn, reflects the record-high prices currently being set on the London exchange.

Thus, domestic coffee prices on 09/09/2024, are trading around VND 117,800 - 118,900/kg.

$ 1 = VND 24.410 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

Live pig prices on 11/06/2024: Mixed increases and decreases

Live pig prices on 11/06/2024: Mixed increases and decreases

(VAN) Live pig prices on 11/06/2024, fluctuate by VND 1,000 - 2,000. The live pig market in all three regions is trading around VND 58,000 - 64,000/kg.

Pepper prices on 11/06/2024: VND 1000 decrease in Ba Ria-Vung Tau

Pepper prices on 11/06/2024: VND 1000 decrease in Ba Ria-Vung Tau

(VAN) Pepper prices on 11/06/2024, decreased by VND 1,000 in Ba Ria Vung Tau. Currently, domestic pepper prices are trading around VND 140,000 - 141,000/kg.

Coffee prices on 11/06/2024: Continuing strong upward trend

Coffee prices on 11/06/2024: Continuing strong upward trend

(VAN) Coffee prices on 11/06/2024 continue to rise. Domestic coffee prices have increased by VND 500, reaching a range of VND 106,500 - 107,000/kg.

Pepper prices on 11/05/2024: Still holding at VND 141,000/kg

Pepper prices on 11/05/2024: Still holding at VND 141,000/kg

(VAN) Pepper prices on 11/05/2024 showed no new fluctuations. Domestic pepper prices remain steady, trading around VND 140,000 - 141,000/kg.

Live pig prices on 11/05/2024: Continues to increase slightly

Live pig prices on 11/05/2024: Continues to increase slightly

(VAN) Live pig prices on 11/05/2024, have increased by VND 1,000. Currently, the live pig market in the three regions is trading around VND 58,000 - 64,000/kg.

Coffee prices on 11/05/2024: Slight increase again

Coffee prices on 11/05/2024: Slight increase again

(VAN) Coffee prices on 11/05/2024, show a significant increase. Domestic coffee prices have inched up by VND 200, trading around VND 106,000 - 106,500/kg.

Coffee prices on 11/03/2024: 5th consecutive week of decline

Coffee prices on 11/03/2024: 5th consecutive week of decline

(VAN) Coffee prices on 11/03/2024, remain at VND 105,800 - 106,200/kg. Domestic coffee prices dropped by VND 3,500, marking the 5th consecutive week of decline.

Read more