January 31, 2025 | 00:07 GMT +7
Hotline: 0913.378.918
January 31, 2025 | 00:07 GMT +7
Hotline: 0913.378.918
Latest coffee prices domestically and globally on 10/26/2024
Globally, both the London and New York exchanges saw significant increases on October 26.
On the London exchange, Robusta coffee for November 2024 delivery rose by $ 62 (1.42%) to reach $ 4,430/ton, while the January 2025 contract increased by $ 74 (1.71%), reaching $ 4,411/ton.
Meanwhile, on the New York exchange, Arabica coffee for December 2024 delivery surged by 2.95 cents (1.2%) to 248.4 cents/lb, and the March 2025 contract rose by 3.05 cents (1.25%) to 247.5 cents/lb.
Latest Arabica and Robusta prices on 10/26/2024
Today, global coffee prices rose sharply after a recent deep decline.
Throughout 2024, coffee prices have continually risen, posing challenges and risks for fulfilling export contracts. Notably, for the first time, Robusta prices on the London exchange exceeded $ 5,000/ton, surpassing Arabica prices.
In Vietnam, coffee prices have also reached record highs, marking the highest levels in 30 years. This surge is the reason Vietnam’s coffee exports have decreased by 12.7% in volume but increased by 33% in value compared to the previous season.
Thus, global coffee prices on 10/26/2024 increased compared to the previous day.
Domestically, the domestic coffee market saw a slight rise of VND 400 compared to yesterday.
In Lam Dong Province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 108,900/kg.
In Dak Lak, Cu M'gar district is buying coffee at VND 109,100/kg, while Ea H'leo and Buon Ho are trading at VND 109,000/kg.
In Dak Nong, traders in Gia Nghia and Dak R'lap are buying at VND 109,300/kg and VND 109,200/kg, respectively.
In Gia Lai, Chu Prong district is trading at VND 109,100/kg, with Pleiku and La Grai holding steady at VND 109,000/kg.
The coffee purchase price in Kon Tum today is VND 109,100/kg.
Today, domestic coffee prices have recovered and reached VND 109,000/kg.
Thus, on 10/26/2024, domestic coffee prices are trading around VND 108,400 - 109,300/kg.
$ 1 = VND 25.167 - 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.
