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Coffee price today September 22, 2024: Sharp decrease of 2,000 VND

Việt NamViệt Nam21/09/2024


Specifically, in Di Linh, Lam Ha, Bao Loc districts ( Lam Dong ), today's coffee price is purchased at 119,500 VND/kg.

In Cu M'gar district ( Dak Lak ), today's coffee price is at 120,000 VND/kg. In Ea H'leo district ( Dak Lak ), Buon Ho ( Dak Lak ), today's coffee price is purchased at the same level of 119,900 VND/kg.

Similarly in Dak Nong province, today's coffee purchase price is at 120,000 VND/kg in Gia Nghia and 119,900 VND/kg in Dak R'lap.

In Gia Lai province, coffee price today is at 120,000 VND/kg (Chu Prong), in Pleiku and La Grai the price is 119,900 VND/kg.

Today's coffee price in Kon Tum province is purchased at 120,000 VND/kg.

EU imports coffee from Vietnam worth 1.66 billion USD

At the end of the most recent trading session, the price of Robusta coffee in London for November 2024 delivery decreased by 189 USD/ton, at 5,059 USD/ton, and for January 2025 delivery decreased by 186 USD/ton, at 4,803 USD/ton.

Arabica coffee prices for December 2024 delivery decreased by 10.90 cents/lb to 250.75 cents/lb, and for March 2025 delivery decreased by 11.05 cents/lb to 248.65 cents/lb.

In New York and London, after a period of price volatility, both buyers and sellers are cautious, waiting for new information on the weather in Brazil to make decisions.

Buyers are worried about the high prices of coffee and hope that rains will help to reduce the price increase. In contrast, coffee producers in Brazil are uncertain about the upcoming crop and think that coffee prices will probably increase further.

One prominent problem is that the price of coffee on the real market and the price on the exchange do not match, making the price difference even more complicated, which has become a common phenomenon recently. One manifestation of this difference is that the price of coffee in Brazil does not increase in proportion to the increase in the world market price.



Source: https://baodaknong.vn/gia-ca-phe-hom-nay-22-9-2024-giam-manh-dong-loat-2-000-dong-229845.html

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