World coffee prices in the early morning of November 21, 2023, at 5:00 a.m. were updated on the trading floor of Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching with other trading floors). in the world, is the only channel in Vietnam that continuously updates links with trading floors 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 throughout the trading hours of the exchange, updated by website www.giacaphe.com update as follows:
| Coffee price on November 21, domestic coffee price on November 21, 2023 |
At the end of the trading session, the price of Robusta coffee on the London floor at 5:00 a.m. on November 21, 2023 increased or decreased depending on the session, the relative decrease compared to the previous trading session was from 12 to 53 USD/ton, fluctuating. from 2,352 – 2,582 USD/ton. Specifically, the delivery term in January 2024 is 2,505 USD/ton (down 16 USD/ton); Delivery term in March 2024 is 2,437 USD/ton (down 12 USD/ton); Delivery term in May 2024 is 2,414 USD/ton (down 12 USD/ton) and delivery term in July 2024 is 2,385 USD/ton (down 15 USD/ton).
| Coffee price on November 21, domestic coffee price on November 21, 2023 |
In contrast, the price of Arabica coffee on the New York floor on the morning of November 21 tended to increase, an increase of over 4%, ranging from 166.20 – 179.60 cents/lb depending on the delivery term. Specifically, the delivery term in December 2023 is 177.90 cents/lb (up 6.95%); March 2024 delivery period is 171.15 cents/lb (up 4.50%); May 2024 delivery period is 170.40 cents/lb (up 3.85%) and July 2024 delivery period is 171.20 cents/lb (down 3.75%).
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| Coffee price on November 21, domestic coffee price on November 21, 2023 |
Brazilian Arabica coffee prices on the morning of November 21, 2023 also tended to increase again. Specifically, the delivery term in December 2023 is 208.50 USD/ton (an increase of 5.55 USD/ton); March 2024 delivery is 208.40 USD/ton (up 5.70 USD/ton); Delivery in May 2024 is 209.85 USD/ton (down 5.10 USD/ton) and delivery in September 2024 is 204.95 USD/ton (up 4.90 USD/ton).
Robusta coffee traded on ICE Futures Europe (London floor) opens at 16:00 and closes at 00:30 (the next day), Vietnam time.
Arabica coffee on the ICE Futures US floor (New York floor) opens at 16:15 and closes at 01:30 (the next day), Vietnam time.
For Arabica coffee traded on the Brazilian B3 floor, it will be open from 19:00 – 02:35 (the next day), Vietnam time.
Robusta coffee traded on ICE Futures Europe (London floor) opens at 16:00 and closes at 00:30 (the next day), Vietnam time.
Arabica coffee on the ICE Futures US floor (New York floor) opens at 16:15 and closes at 01:30 (the next day), Vietnam time.
For Arabica coffee traded on the Brazilian B3 floor, it will be open from 19:00 – 02:35 (the next day), Vietnam time.
Domestic coffee prices were updated at 5:00 a.m. on November 21, 2023 as follows, coffee prices are stable and are keeping a decent level. Currently, the average coffee price in the Central Highlands provinces is about 58,500 VND/kg, the highest buying price in Dak Lak province is 58,800 VND/kg.
Specifically, the price of coffee purchased in Gia Lai province and Kon Tum province on November 21, 2023 is at a good price of 58,500 VND/kg; In Dak Nong province, coffee is purchased at a price of 58,500 VND/kg.
Price of green coffee beans (green coffee, fresh green coffee) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at a price of 58,100 VND/kg.
Today’s coffee price in Dak Lak province is the highest; In Cu M’gar district, coffee is purchased at 58,700 VND/kg, while in Ea H’leo district, Buon Ho town is purchased at the same rate of 58,800 VND/kg.
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| Coffee price on November 21, domestic coffee price on November 21, 2023 |
Consultant Safras & Mercados said the sales pace of the 2023 crop had increased to 64% as prices improved, but was still lower than the five-year average sales level of 65% because “buyers are still cautious”. restraint”. The consultant also added that the sales rate of Conilon Robusta coffee has increased by 10% compared to last month, currently reaching 72% of crop output.
To minimize risks during the long holiday from Republic Day (Wednesday, November 15) to the Black Awarenes Day holiday (Monday, November 20), Brazilians were urged to sell aggressively. while prices were still high, coffee futures prices dropped sharply, despite weekend ICE inventory report data showing signs of improvement.
