November 1, 2024 | 20:33 GMT +7
November 1, 2024 | 20:33 GMT +7
Hotline: 0913.378.918
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) Live pig prices on 11/01/2024, have increased by VND 1,000 in some areas. The live pig market across the 3 regions is trading around VND 58,000 - 64,000/kg.
(VAN) Domestic pepper prices on 11/01/2024 sharply dropped by VND 2,000 - 2,500, bringing domestic pepper trading down to the range of VND 141,000 - 142,500/kg.
(VAN) Coffee prices on 11/01/2024 dropped. Currently, domestic coffee prices have fallen by VND 800, reaching the range of VND 107,800 - 108,200/kg.
(VAN) Producers in Africa are grappling with dwindling harvests as a result of erratic weather, pests, and the loss of plantations.
(VAN) Coffee prices on 10/31/2024 have rebounded. Domestic coffee prices specifically rose slightly by VND 200, trading around VND 109,000 - 109,600/kg.
(VAN) Domestic pepper prices on 10/31/2024, remain stable. Domestic pepper prices are trading levels holding around VND 143,000 - 144,500/kg.
(VAN) Rice prices on10/31/2024 fluctuated mixed, changing by VND 50-150/kg. For exports, the price of Vietnamese rice decreased significantly by $ 5-7/ton.