April 15, 2025 | 19:51 GMT +7
Hotline: 0913.378.918
April 15, 2025 | 19:51 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) Pepper prices on April 15, 2025: Global market sees mixed fluctuations, while domestic prices remain stable, trading around VND 154,000 - 157,000/kg.
(VAN) Coffee prices on April 15, 2025, have surged globally. Domestic coffee prices rose by VND 2,600, reaching the range of VND 126,300 - 127,200/kg.
(VAN) Pepper prices on April 14, 2025, remain unchanged both domestically and globally. Domestic pepper is still trading around VND 154,000 – 157,000/kg.
(VAN) Coffee prices on April 14, 2025, is flat both domestically and globally. Domestic coffee is being traded at a range of VND 123,700 to VND 125,000/kg.
(VAN) It’s eaten with almost every meal, used to make sushi, made into sweets, fermented into alcohol and offered to the spirits at religious ceremonies.
(VAN) Pepper prices on April 11, 2025, show a slight recovery from both domestic and global markets. Prices stay at VND 148,000 to VND 150,000/kg domestically.
(VAN) Coffee prices on April 11, 2025, increased slightly domestically, at VND 117,300 to VND 119,000/kg, up by VND 1,000 to VND 1,300/kg over yesterday.
