May 22, 2025 | 15:12 GMT +7
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May 22, 2025 | 15:12 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 11/08/2024
Globally, the London and New York exchanges saw a strong recovery on November 8.
On the London exchange, Robusta coffee for January 2025 delivery increased by $ 179 (equivalent to 4.16%), reaching $ 4,486/ton. The March 2025 delivery also surged, rising by $ 176 (4.14%) to $ 4,424/ton.
Meanwhile, on the New York exchange, Arabica coffee for December 2024 delivery jumped by 11.65 cents (4.68%), reaching 260.40 cents/lb. The March 2025 contract saw a similarly strong increase, up by 11.65 cents (4.72%) to 259.75 cents/lb.
Latest Arabica and Robusta prices on 11/08/2024
Global coffee prices surged today as the USD weakened.
The USD’s decline followed comments from Fed Chairman Jerome Powell, who offered no indication that the U.S. Federal Reserve might halt interest rate cuts in the near future, after the recent 25 basis point cut at the last policy meeting.
In addition, weather conditions have contributed to the increase in coffee prices. Drought in Brazil and weekend rains in Vietnam are likely to disrupt the ongoing harvest.
Thus, global coffee prices on 11/08/2024, have significantly increased compared to yesterday.
In Vietnam, the domestic coffee market rose sharply by VND 1,500 from yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 107,500/kg.
In Dak Lak, Cu M'gar district is buying coffee at VND 108,000/kg, while Ea H'leo and Buon Ho districts are trading at VND 107,900/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are purchasing at VND 108,000 and VND 107,900/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 107,900/kg, while Pleiku and La Grai are holding at VND 107,800/kg.
In Kon Tum, the coffee purchase price today is VND 107,900/kg.
Domestic coffee prices today rebounded by up to VND 1,500, bringing the crop back up to around VND 108,000/kg.
Thus, on 11/08/2024, domestic coffee prices are trading within the range of VND 107,500 - 108,000/kg.
$ 1 = VND 25.121 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Coffee prices on May 21, 2025, dropped sharply by VND 1,000, trading at VND 125,000 – 125,700/kg. Global coffee prices also reversed and declined.
(VAN) Coffee prices on May 20, 2025, surged by VND 2,200, climbing to VND 126,000 – 126,700/kg. Meanwhile, global coffee prices also recorded a sharp increase.
(VAN) Pepper prices on May 20, 2025, dropped by VND 1,000 only in Gia Lai, trading at VND 150,000 – 153,000/kg. Global pepper prices remained unchanged.
(VAN) Analysts are watching moves out of Asia, particularly with fertilizer.
(VAN) Rubber prices on May 20, 2025, show mixed movements on the global market. Domestic latex prices remain stable, trading around VND 397 – 462/TSC.
(VAN) Live pig prices on May 20, 2025, fell by 1,000 VND in Binh Dinh and Khanh Hoa. Live pig prices across the 3 regions are trading at 67,000 – 75,000 VND/kg.
(VAN) Pepper prices on May 16, 2025, fluctuated by VND 500–1,000 domestically, trading at VND 151,000 – 152,000/kg. Global pepper prices remained stable.
