January 27, 2025 | 09:43 GMT +7
Hotline: 0913.378.918
January 27, 2025 | 09:43 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 11/01/2024
On the global market, both the London and New York exchanges have turned sharply downward.
Specifically, the price of Robusta on the London exchange for January 2025 delivery dropped by $ 84 (equivalent to 1.89%), reaching $ 4,369/ton. The March 2025 contract fell by $ 82 (equivalent to 1.88%), settling at $ 4,281/ton.
On the New York exchange, Arabica prices for December 2024 delivery fell sharply by 3.7 cents (equivalent to 2.48%), down to 245.90 cents/lb. The March 2025 contract decreased by 3.55 cents (equivalent to 1.43%), to 245.50 cents/lb.
Latest Arabica and Robusta prices on 11/01/2024
Global coffee prices have sharply declined today following reports of continued rainfall in Brazil and the pressure of the new harvest in Vietnam.
Thus, global coffee prices on 11/01/2024, have fallen significantly compared to yesterday.
Domestically, the coffee market today turned downward, with prices falling by VND 800 from the previous day.
Specifically, in Lam Dong Province, the districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 107,800/kg.
In Dak Lak Province, Cu M’gar district is purchasing coffee at VND 108,200/kg, while Ea H’leo and Buon Ho are trading at VND 108,100/kg.
In Dak Nong Province, traders in Gia Nghia and Dak R’lap are buying at VND 108,20 VND/kg and VND 108,100/kg, respectively.
In Gia Lai Province, Chu Prong district is trading at VND 108,100/kg, while Pleiku and La Grai are maintaining a price of VND 108,000/kg.
In Kon Tum Province, the purchase price for coffee today stands at VND 108,100/kg.
According to Vicofa, total coffee exports in the 2023/24 crop year reached approximately 1.45 million tons, primarily consisting of Robusta, with over 1.2 million tons.
Thus, domestic coffee prices on 11/01/2024, are trading around the range of VND 107,800 - 108,200/kg.
$ 1 = VND 25.084 - Source: Vietcombank.
Translated by Hoang Duy
(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.
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(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.
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(VAN) Pepper prices on January 20, 2025, domestically remain stable in most key growing regions, ranging between VND 145,000 and VND 146,000/kg.
(VAN) Coffee prices on January 20, 2025: Domestic coffee prices continue to rise, increasing by VND 300–700/kg and ranging from VND 119,300 to 120,500/kg.
