Continuing the strong increase, domestic price approaches 110,000 VND/kg

Today's coffee prices were updated at 4:30 a.m. on November 13, 2024 as follows, according to www.giacaphe.com, domestic coffee prices today increased sharply by 2,700 VND/kg, ranging from 109,300-109,900 VND/kg. Currently, the average purchase price in the Central Highlands provinces is 109,500 VND/kg, the highest purchase price in Dak Nong province is 109,900 VND/kg.

Specifically, the coffee purchase price in Gia Lai province (Chu Prong) is 109,700 VND, an increase of 2,700 VND/kg, in Pleiku and La Grai the same price is 107,600 VND/kg; In Kon Tum province, the price is 109,700 VND/kg, an increase of 2,700 VND/kg; In Dak Nong province, coffee is purchased at the highest price of 109,900 VND/kg, an increase of 2,700 VND/kg.

Coffee price today November 13, 2024: Continuing to increase strongly, domestic price approaching 110,000 VND/kg

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 109,300 VND/kg, an increase of 2,800 VND/kg.

Domestic coffee prices (November 13) in Dak Lak province; in Cu M'gar district, coffee was purchased at about 109,700 VND/kg, an increase of 2,700 VND/kg, while in Ea H'leo district and Buon Ho town, coffee was purchased at the same price of 109,600 VND/kg.

World coffee prices in the early morning of November 13, 2024, at 4:30 am, were updated on the Vietnam Commodity Exchange MXV (the only channel in Vietnam that continuously updates and links to exchanges around the world).

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 November 13, 2024: Robusta coffee price on London floor. (Photo: Screenshot giacaphe.com

At the end of the trading session, the price of Robusta coffee on the London floor on November 13, 2024 at 4:30 a.m. increased to 4,317 - 4,537 USD/ton. Specifically, the delivery period for January 2025 was 4,537 USD/ton (up 61 USD/ton); the delivery period for March 2025 was 4,461 USD/ton (up 49 USD/ton); the delivery period for May 2025 was 4,394 USD/ton (up 36 USD/ton) and the delivery period for July 2025 was 4,317 USD/ton (up 28 USD/ton).

Arabica coffee prices on the New York floor on November 13, 2024. (Photo: Screenshot of giacaphe.com)

Arabica coffee prices on the New York floor on the morning of November 13, 2024 increased from 258.40 - 263.55 cents/lb. Specifically, the delivery period for December 2024 is 263.55 cents/lb (up 2.87%); the delivery period for March 2025 is 263.10 cents/lb (up 2.87%); the delivery period for May 2025 is 261.45 cents/lb (up 2.73%) and the delivery period for July 2025 is 258.40 cents/lb (up 2.58%).

Brazilian Arabica coffee price on November 13, 2024. (Photo: Screenshot of giacaphe.com)

The price of Brazilian Arabica coffee increased on the morning of November 13, 2024. Specifically, the delivery period for December 2024 is 327.75 USD/ton (up 0.64%); the delivery period for March 2025 is 324.85 USD/ton (up 0.14%); the delivery period for May 2025 is 321.65 USD/ton (up 2.94%) and the delivery period for July 2025 is 317.50 USD/ton (up 2.78%).

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 floor (New York floor) opens at 16:15 and closes at 01:30 (next day), Vietnam time.

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

Coffee prices rose on Tuesday, with Arabica hitting a six-week high and Robusta hitting a three-week high. A lack of sales by Brazilian farmers hoping for higher prices tightened supplies in the cash market and supported prices.

Robusta supplies are tight as slowing exports from Vietnam have tightened the global coffee market, supporting rising prices, while recent weather conditions in both Brazil and Vietnam have raised concerns about the future of the upcoming harvests in both countries.

Brazilian coffee producers will slow sales in the coming months as they wait to see the size of the new crop, with the first reliable estimates likely only around February and March next year, according to broker Escritório Carvalhaes.

Comunicaffe said it was still too early to predict the impact of the storm on coffee growing areas, although November is traditionally a dry month, suitable for harvesting and drying conditions, and rain could disrupt ongoing harvesting activities.

An important factor that could have a strong impact on coffee prices next week is the EU’s decision on November 13-14 on the implementation date of the European Deforestation Regulation (EUDR).

Investors are awaiting clearer signals on the policies of Mr. Trump, who just declared victory in the US presidential election. This situation could cause capital to move to speculative exchanges, including coffee, and create the basis for an upward trend in prices this week.

Coffee price list today 11/13/2024