Unexpected comeback with impressive blue color

World coffee prices in the early morning of October 6, 2024, at 4:30 am, were updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching world exchanges, the only channel in Vietnam that continuously updates and links to world exchanges).

Today's online coffee prices of the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil are continuously updated by Y5Cafe during the trading hours of the exchange, updated by www.giacaphe.com as follows:

Coffee price today October 6, 2024: Robusta coffee price on the London floor. (Photo: Screenshot giacaphe.com

At the end of the trading session, the price of Robusta coffee on the London floor on October 6, 2024 at 4:30 a.m. was 4,533 - 5,067 tons. Specifically, the delivery period for November 2024 was 5,067 USD/ton, an increase of 146 USD/ton; the delivery period for January 2025 was 4,859 USD/ton, an increase of 139 USD/ton; the delivery period for March 2025 was 4,674 USD/ton, an increase of 126 USD/ton and the delivery period for May 2025 was 4,533 USD/ton, an increase of 110 USD/ton.

Arabica coffee prices on the New York floor on October 6, 2024. (Photo: Screenshot of giacaphe.com)

Arabica coffee prices on the New York floor on the morning of October 6, 2024, green dominated, with a decrease of 4.95 - 5.30 cents/lb. Specifically, the December 2024 delivery period was 257.35 cents/lb, up 2.10%; the March 2025 delivery period was 255.65 cents/lb, up 2.06%); the May 2025 delivery period was 253.55 cents/lb (up 2.01%) and the July 2025 delivery period was 251.00, up 2.01%.

Brazilian Arabica coffee price on October 6, 2024. (Photo: Screenshot of giacaphe.com)

The price of Brazilian Arabica coffee on the morning of October 6, 2024 increased and decreased in opposite directions. Specifically, the delivery period for December 2024 was 308.05 USD/ton, down 0.95%; the delivery period for March 2025 was 310.30 USD/ton (up 1.72%); the delivery period for May 2025 was 311.20 USD/ton, up 2.17% and the delivery period for July 2025 was 307.75 USD/ton, up 2.17%.

Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 16:00 and closes at 00:30 (next day), Vietnam time.

Arabica coffee on the ICE Futures US (New York floor) opens at 16:15 and closes at 01:30 (next day), Vietnam time.

For Arabica coffee traded on the B3 Brazil exchange, it will be open from 19:00 – 02:35 (next day), Vietnam time.

Coffee price today October 6, 2024: Unexpected comeback with impressive green color.

Domestic coffee prices were updated at 4:30 a.m. on October 6, 2024 as follows: The domestic coffee market today has turned green again, increasing by an average of 1,600 VND/kg to between 115,500 - 116,200. Currently, the average purchase price in the Central Highlands provinces is 116,200 VND/kg, the highest purchase price in Dak Lak and Dak Nong provinces is 116,200 VND/kg.

Specifically, the coffee purchase price in Gia Lai province (Chu Prong) is 116,100 VND/kg, an increase of 1,600 VND/kg compared to yesterday, in Pleiku and La Grai at 116,000 VND/kg. In Kon Tum province, the price is 116,100 VND/kg, an increase of 1,600 VND/kg compared to yesterday; In Dak Nong province, coffee is purchased at 116,200 VND/kg, an increase of 1,700 VND/kg compared to yesterday.

The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 115,500 VND/kg, an increase of 1,700 VND/kg compared to yesterday.

Coffee prices today (October 6) in Dak Lak province; in Cu M'gar district, coffee is purchased at about 116,200 VND/kg, an increase of 1,500 VND/kg, and in Ea H'leo district, Buon Ho town, it is purchased at 116,100 VND/kg.

In the first nine months of the year, Vietnam's coffee exports achieved impressive growth, earning nearly $4.4 billion, up 40% over the same period in 2023. This growth was driven by continuously rising coffee prices, with the average price in September reaching a record $5,469/ton.

The average coffee export price in the first nine months reached US$3,897 per tonne, up 56% year-on-year. This makes coffee the agricultural product with the most notable price increase among Vietnam's main export products.

Coffee export revenue in the first nine months of the year has surpassed the total turnover of the previous year. The Ministry of Agriculture and Rural Development expects coffee export revenue this year to exceed $5 billion and could even reach $6 billion thanks to current high prices.

The rapid recovery in coffee prices is attributed to the fact that coffee supplies remain tight and that Brazil is experiencing a record drought, affecting the country's coffee production.

*Information is for reference only, prices may vary depending on region and locality.

Source: https://congthuong.vn/gia-ca-phe-hom-nay-6102024-loi-nguoc-dong-bat-ngo-voi-sac-xanh-an-tuong-350519.html