Domestic coffee prices are increasing day by day

Domestic coffee prices are increasing day by day
Domestic coffee prices are increasing day by day
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World coffee prices in the early morning of April 25, 2024, at 5:24 a.m. were updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching the 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 April 25, domestic coffee price on April 25, 2024

At the end of the trading session, the price of Robusta coffee on the London floor on April 25, 2024 increased from 70-144 USD/ton compared to the previous trading session, ranging from 3,994 – 4,369 USD/ton. Specifically, the delivery term in May 2024 is 4,369 USD/ton; Delivery term in July 2024 is 4,209 USD/ton; Delivery term in September 2024 is 4,118 USD/ton and delivery term in November 2024 is 3,994 USD/ton.

Coffee price on April 25, domestic coffee price on April 25, 2024

Similarly, the price of Arabica coffee on the New York floor on the morning of April 25, 2024 also increased steadily in all trading periods. Specifically, the delivery term in July 2024 is 222.80 cents/lb; September 2024 delivery period is 221.10 cents/lb; December 2024 delivery period is 219.55 cents/lb and March 2025 delivery period is 219.05 cents/lb.

Coffee price on April 25, domestic coffee price on April 25, 2024

Brazilian Arabica coffee prices on the morning of April 25, 2024 decreased in the early terms and increased in the final terms, ranging from 266.15 – 273.00 USD/ton. Specifically, the delivery term in May 2024 is 273.00 USD/ton; July 2024 delivery period is 278.00 USD/ton; September 2024 delivery is 269.10 USD/ton and December 2024 delivery is 266.15 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.

Domestic coffee prices were updated at 5:30 a.m. on April 25, 2024 as follows, domestic coffee prices continued to increase by 300 VND/kg, setting a new record price of 129,300 VND/kg. Currently, the average purchase price in the Central Highlands provinces is 129,000 VND/kg, the highest purchase price in Dak Nong and Dak Lak provinces is 129,300 VND/kg.

Specifically, the price of coffee purchased in Gia Lai province and Kon Tum province is at 128,500 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 128,200 VND/kg.

Coffee price today (April 25) in Dak Lak province; In Cu M’gar district, coffee is purchased at about 129,300 VND/kg, while in Ea H’leo district, Buon Ho town is purchased at the same rate of 129,400 VND/kg.

Coffee price on April 25, domestic coffee price on April 25, 2024

The consequences of last year’s El Nino weather event, which lasted until early 2024, are bringing severe consequences to crops, especially coffee crops, which usually need a lot of water but are struggling with drought. Worst in many years in Vietnam.

Meanwhile, some other growing countries such as Indonesia have had too much rain recently, which is forecast to hinder the 2024 fall crop, which usually starts in April every year.

The article is in Vietnamese

Tags: Domestic coffee prices increasing day day

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