It appears to be in the opposite direction of the upward or downward trend.

World coffee prices at 4:30 AM on October 15, 2024, were updated on the Vietnam Commodity Exchange (MXV) (MXV continuously updates world coffee prices, matching those of exchanges worldwide; it is the only channel in Vietnam that continuously updates prices linked to exchanges around the world).

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

Coffee prices today, October 15, 2024: Robusta coffee prices on the London exchange. (Image: Screenshot from giacaphe.com)

At the close of trading on October 15, 2024, at 5:30 AM, Robusta coffee prices on the London exchange were trading at 4,585 – 4,969 tons. Specifically, the November 2024 delivery contract was 4,969 USD/ton, an increase of 141 USD/ton; the January 2025 delivery contract was 4,843 USD/ton, an increase of 165 USD/ton; the March 2025 delivery contract was 4,701 USD/ton, an increase of 159 USD/ton; and the May 2025 delivery contract was 4,585 USD/ton, an increase of 158 USD/ton.

Arabica coffee prices on the New York exchange on October 15, 2024. (Image: Screenshot from giacaphe.com)

Arabica coffee prices on the New York exchange on the morning of October 15, 2024, were predominantly green, increasing by 3.68 – 3.97 cents/lb. Specifically, the December 2024 delivery contract was 262.05 cents/lb, up 3.97%; the March 2025 contract was 260.55 cents/lb (up 3.91%); the May 2025 contract was 258.50 cents/lb (up 3.86%); and the July 2025 contract was 255.30 cents/lb (up 3.68%).

Brazilian Arabica coffee prices on October 15, 2024. (Image: Screenshot from giacaphe.com)

Brazilian Arabica coffee prices recorded an increase on the morning of October 15, 2024. Specifically, the December 2024 delivery contract was $313.60/ton, up 0.30%; the March 2025 contract was $314.00/ton (up 0.16%); the May 2025 contract was $317.80/ton, up 4.16%; and the July 2025 contract was $313.40/ton, up 3.96%.

Robusta coffee traded on the ICE Futures Europe exchange (London exchange) opens at 4:00 PM and closes at 12:30 AM (the next day), Vietnam time.

Arabica coffee on the ICE Futures US (New York exchange) opens at 4:15 PM and closes at 1:30 AM (the next day), Vietnam time.

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

Coffee prices today, October 15, 2024: Showing a mixed trend of increases and decreases.

Domestic coffee prices, updated at 4:30 AM on October 15, 2024, are as follows: Today's domestic coffee market saw a decrease in key locations, averaging a drop of 100 VND/kg, ranging from 113,100 to 113,600 VND. Currently, the average purchase price in the Central Highlands provinces is 113,600 VND/kg, with the highest purchase prices in Dak Lak and Dak Nong provinces at 113,600 VND/kg.

Specifically, the purchase price of coffee in Gia Lai province (Chu Prong) is 113,500 VND/kg, a decrease of 100 VND/kg; in Pleiku and La Grai it is 113,400 VND/kg. In Kon Tum province, the price is 113,500 VND/kg, a decrease of 100 VND/kg; in Dak Nong province, coffee is purchased at 113,600 VND/kg, a decrease of 100 VND/kg.

In Lam Dong province, in districts such as Bao Loc, Di Linh, and Lam Ha, the price of bulk green coffee beans (green coffee beans, fresh coffee beans) is being purchased at 113,100 VND/kg, an increase of 100 VND/kg.

Today's coffee prices (October 15th) in Dak Lak province are as follows: in Cu M'gar district, coffee is being purchased at approximately 113,600 VND/kg, while in Ea H'leo district and Buon Ho town, it is being purchased at 113,500 VND/kg.

In September 2024, Vietnam exported 51,369 tons of coffee, earning $286.9 million, a decrease compared to the previous month but an increase compared to last year. Total coffee exports in the first nine months of 2024 reached 1.1 million tons, with a value of $4.31 billion, a decrease in volume but an increase in value compared to 2023.

The average export price in the first nine months of the year was $3,896 per ton, a 56% increase compared to the previous year. September recorded the highest average export price ever at $5,469 per ton.

The EU continues to be Vietnam's largest coffee export market, accounting for 39% of total volume and 38% of total value, with 431,231 tons and nearly $1.64 billion. Although coffee exports to countries such as Germany, Italy, Belgium, and France decreased due to supply constraints, the value still increased.

Global coffee prices fell, despite news from the ICO about record export levels. In the first 11 months, global coffee exports reached 110 million bags, reflecting abundant supply. Global Robusta coffee exports increased 5.6% year-on-year, with Brazil, India, and Indonesia being major contributors.

Robusta coffee exports from these three countries increased by 36% year-on-year in August 2024. Vietnam's coffee exports decreased by 12.1%, to only 24.09 million bags, indicating a real decline in supply.

Despite a decrease in export volume, the increase in coffee export prices helped Vietnam achieve record revenue of $4 billion in the first nine months of the year.

Although Vietnam's coffee exports decreased in volume during the first nine months of 2024, the export value increased thanks to higher average coffee prices. The EU remains the largest export market, while global coffee prices have fallen due to abundant supply.

*This information is for reference only; prices may vary depending on the region and location.

Source: https://congthuong.vn/gia-ca-phe-hom-nay-15102024-xuat-appear-nguoc-chieu-bien-dong-tang-giam-352426.html