March 24, 2025 | 23:31 GMT +7
Hotline: 0913.378.918
March 24, 2025 | 23:31 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 10/05/2024
Globally, both the London and New York exchanges saw coffee prices surge again on October 5.
In particular, Robusta prices on the London exchange for November 2024 delivery increased sharply by $ 146 (equivalent to 2.97%), reaching $ 5,067/ton. Meanwhile, the January 2025 contract rose by $ 139 (equivalent to 2.94%), at $ 4,859/ton.
On the New York exchange, Arabica prices for December 2024 delivery surged by 5.3 cents (equivalent to 2.1%), reaching 257.35 cents/lb. The March 2025 contract also climbed 5.15 cents (equivalent to 2.06%), hitting 255.65 cents/lb.
Latest Arabica and Robusta prices on 10/05/2024
Global coffee prices today saw a strong recovery after previous steep declines. However, this increase is still less than 30% of what was lost in the past two days.
The strengthening of the USD and the delayed enforcement of anti-deforestation regulations for coffee in Europe are key factors contributing to the sharp drop in coffee prices.
Additionally, coffee prices are under further pressure as the Brazilian real fell to its lowest level in a week on Thursday. A weaker real encourages Brazilian coffee producers to boost exports.
Thus, global coffee prices on 10/05/2024, increased significantly compared to the previous day.
Domestically, the coffee market rebounded compared to the previous day.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 114,800/kg.
In Dak Lak, Cu M'gar district is purchasing at VND 115,700/kg today. Meanwhile, Ea H'leo and Buon Ho districts are trading at VND 115,600/kg.
In Dak Nong, traders in Gia Nghia and Dak R'lap are buying at VND 115,500 and VND 115,400/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 115,500/kg, while Pleiku and La Grai are maintaining a price of VND 115,400/kg.
In Kon Tum, the purchase price today is VND 115,200/kg.
Domestic coffee prices today have risen again. However, this level is still insignificant compared to the sharp decline experienced yesterday, hovering around VND 115,000/kg.
Thus, domestic coffee prices on 10/05/2024, are trading around the range of VND 114,800 - 115,700/kg.
$ 1 = VND 24.550 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) After the government's guidance and management, the export price of Vietnamese rice has risen again, and the price of rice and paddy in the domestic market has also increased.
(VAN) Cocoa prices in Ba Ria-Vung Tau have increased from 2 to 3 times compared to before, helping farmers make big profits and creating motivation to expand acreage.
(VAN) Pepper prices on March 24, 2025, remained stable in the domestic market, holding at high levels from 159,000 - 160,500 VND/kg in key provinces.
(VAN) Coffee prices on March 24, 2025, remained stable in both domestic and global markets. Domestic coffee prices range from VND 132,900 to VND 134,000/kg.
(VAN) Pepper prices on March 22, 2025, recorded mixed movements. The domestic market decreased by VND 500/kg, ranging from VND 159,000 to VND 160,000/kg.
(VAN) Coffee prices on March 22, 2025, Robusta prices recovered, coffee prices in the Central Highlands dropped sharply, ranging from 132,500 to 133,500 VND/kg.
(VAN) Pepper prices on March 20, 2025, saw a slight decline, ranging at VND 159,000 to VND 160,500/kg. The global market also experienced mixed fluctuations.
