November 22, 2024 | 17:04 GMT +7
November 22, 2024 | 17:04 GMT +7
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Globally, both the London and New York exchanges experienced sharp declines on October 30.
On the London exchange, the price of Robusta for January 2025 delivery dropped by $ 104 (equivalent to 2.31%) to $ 4,398/ton. Meanwhile, the March 2025 delivery decreased significantly by $ 98 (equivalent to 2.22%), standing at $ 4,312/ton.
On the New York exchange, the price of Arabica for December 2024 delivery fell by 4.25 cents (equivalent to 1.68%) to 248.1 cents/lb. The March 2025 delivery also saw a sharp drop of 4.1 cents (equivalent to 1.63%), reaching 247.25 cents/lb.
Today, global coffee prices fell sharply as trading positions were closed. A strong USD and minimal impact from Typhoon No. 6 on Vietnam's coffee harvest were key factors driving the market's decline.
Thus, global coffee prices on 10/30/2024 dropped sharply compared to yesterday.
Domestically, the coffee market fell by VND 500 compared to yesterday.
In Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 109,000/kg.
In Dak Lak, Cu M'gar district is purchasing coffee at VND 109,500/kg, while Ea H'leo and Buon Ho districts are trading at VND 109,400/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap are trading coffee at VND 109,600/kg and 109,500/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 109,300/kg, while Pleiku and La Grai are maintaining a level of VND 109,200/kg.
In Kon Tum, today's coffee purchase price is VND 109,300/kg.
Domestic coffee prices today declined after a slight increase yesterday, as a result, coffee prices have fallen below the 111,000 VND/kg mark.
Thus, on 10/30/2024, domestic coffee prices are trading around VND 109,000 - 109,600/kg.
$ 1 = VND 25.088 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Pepper prices on November 21, 2024, decreased by VND 500 - 1,000. Domestic pepper prices are trading around the range of VND 138,000 - 139,500/kg.
(VAN) Rice prices on November 21, 2024, have stabilized. For exports, the price of Vietnamese rice has decreased significantly, ranging from $ 4-13/ton.
(VAN) Live pig prices on November 21, 2024, fluctuated by VND 1,000. The live pig market in all three regions is trading around VND 60,000 - 63,000/kg.
(VAN) Coffee prices on November 21, 2024, are stable. Domestic coffee prices are at VND 112,800 - 113,400/kg, increased by VND 6,000 over this week.
(VAN) Live pig prices on November 20, 2024, increased by VND 1,000 in some areas. The live pig market across the 3 regions is trading at VND 60,000 - 63,000/kg.
(VAN) Rice prices on November 20, 2024, shows a slight upward trend for both categories. Regarding exports, Vietnamese rice prices remain stable.
(VAN) Pepper prices on November 20, 2024, only increases slightly in Dak Lak. The domestic pepper price is still trading around VND 138,500 - 140,000/kg.