July 10, 2025 | 02:42 GMT +7

  • Click to copy
Saturday- 07:29, 05/10/2024

Coffee prices on 10/05/2024: Strong rebound

(VAN) Coffee prices on 10/05/2024, have surged again globally. Domestic coffee prices have increased significantly, trading between VND 114,800 - 115,700/kg.
Latest domestic and global coffee prices on 10/05/2024

Latest domestic and global coffee prices on 10/05/2024

Coffee prices on October 5 globally

Globally, both the London and New York exchanges saw coffee prices surge again on October 5.

In particular, Robusta prices on the London exchange for November 2024 delivery increased sharply by $ 146 (equivalent to 2.97%), reaching $ 5,067/ton. Meanwhile, the January 2025 contract rose by $ 139 (equivalent to 2.94%), at $ 4,859/ton.

On the New York exchange, Arabica prices for December 2024 delivery surged by 5.3 cents (equivalent to 2.1%), reaching 257.35 cents/lb. The March 2025 contract also climbed 5.15 cents (equivalent to 2.06%), hitting 255.65 cents/lb.

Latest Arabica and Robusta prices on 10/05/2024

Latest Arabica and Robusta prices on 10/05/2024

Global coffee prices today saw a strong recovery after previous steep declines. However, this increase is still less than 30% of what was lost in the past two days.

The strengthening of the USD and the delayed enforcement of anti-deforestation regulations for coffee in Europe are key factors contributing to the sharp drop in coffee prices.

Additionally, coffee prices are under further pressure as the Brazilian real fell to its lowest level in a week on Thursday. A weaker real encourages Brazilian coffee producers to boost exports.

Thus, global coffee prices on 10/05/2024, increased significantly compared to the previous day.

Coffee prices on October 5 domestically

Domestically, the coffee market rebounded compared to the previous day.

Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 114,800/kg.

In Dak Lak, Cu M'gar district is purchasing at VND 115,700/kg today. Meanwhile, Ea H'leo and Buon Ho districts are trading at VND 115,600/kg.

In Dak Nong, traders in Gia Nghia and Dak R'lap are buying at VND 115,500 and VND 115,400/kg, respectively.

In Gia Lai province, Chu Prong district is trading at VND 115,500/kg, while Pleiku and La Grai are maintaining a price of VND 115,400/kg.

In Kon Tum, the purchase price today is VND 115,200/kg.

Domestic coffee prices today have risen again. However, this level is still insignificant compared to the sharp decline experienced yesterday, hovering around VND 115,000/kg.

Thus, domestic coffee prices on 10/05/2024, are trading around the range of VND 114,800 - 115,700/kg.

$ 1 = VND 24.550 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

Japan average rice price down for 6th straight week

Japan average rice price down for 6th straight week

(VAN) The average price was down 129 yen from the previous week and below 3,700 yen for the first time in 21 weeks. It dropped by over 100 yen for the third successive week.

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

(VAN) Coffee prices on July 3, 2025, declined globally, with Robusta dropping by 1.4%. Domestic prices fell by VND 900, trading at VND 94,300 – VND 94,800/kg.

N. Korean rice prices stabilize at record highs

N. Korean rice prices stabilize at record highs

'Rice prices keep rising while market activity stays sluggish, and many people are struggling to put food on the table,' a source in Ryanggang province told Daily NK.

Rising rice prices fueling consumer shift toward noodles, pasta

Rising rice prices fueling consumer shift toward noodles, pasta

(VAN) Japanese consumers have made a sharp shift away from high-priced rice to noodles and other cost-effective staples, the start of a possible sea-change in diets in the country, retailers and industry experts say.

Global Urea prices surge on Middle East conflict

Global Urea prices surge on Middle East conflict

(VAN) Global prices of key fertilizer ingredient urea have surged alongside escalating violence in the Middle East, which threatens to choke supplies of the crop nutrient from a significant producing and exporting region.

Coffee prices on June 27, 2025: Market rebounds

Coffee prices on June 27, 2025: Market rebounds

(VAN) Coffee prices on June 27, 2025, have rebounded globally. Domestic prices rose by VND 3,000, climbing to around VND 93,500 – VND 93,800/kg.

Read more