July 10, 2025 | 08:47 GMT +7
Hotline: 0913.378.918
July 10, 2025 | 08:47 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 10/24/2024
On the global markets, both the London and New York exchanges are seeing a rebound on October 24.
In detail, Robusta prices on the London exchange for November 2024 delivery decreased slightly by $ 5 (or 0.11%) to $ 4,482/ton. Meanwhile, January 2025 contracts increased by $ 18 (or 0.41%), reaching $ 4,443/ton.
On the New York exchange, Arabica prices for December 2024 delivery surged by 2.5 cents (or 1%) to 252.35 cents/lb. For March 2025 contracts, prices increased by 2.3 cents (or 0.92%), standing at 251.05 cents/lb.
Latest Arabica and Robusta prices on 10/24/2024
Global coffee prices are gradually recovering on October 24 after having fallen sharply in recent days, despite the US dollar remaining strong and significant declines in gold and crude oil prices.
The potential delay in the European Union's regulatory enforcement has reduced the urgency for buyers to engage in new transactions, making the market even quieter.
According to weather reports from Brazil, coffee-growing regions received good rainfall over the past week, and more rain is forecasted in Minas Gerais in the coming days.
However, consultancy firm Safras & Mercado urges caution, emphasizing that unfavorable weather conditions over the past few months will impact the development of the upcoming harvest.
Thus, global coffee prices on 10/24/2024, have slightly increased compared to yesterday.
In the domestic market, coffee prices today, October 24, remain stable compared to the previous day.
In Lam Dong province, coffee in the districts of Di Linh, Bao Loc, and Lam Ha is being traded at VND 109,400/kg.
In Dak Lak, Cu M'gar district is purchasing coffee at VND 109,600/kg, while in Ea H'leo and Buon Ho districts, coffee is trading at VND 109,500/kg.
In Dak Nong, traders in Gia Nghia and Dak R'lap are conducting transactions at VND 109,700/kg and VND 109,600/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 109,600/kg, while in Pleiku and La Grai, coffee prices are holding steady at VND 109,500/kg.
In Kon Tum, coffee is being bought today at VND 109,600/kg.
Domestic coffee prices have stopped their decline and are now nearing the VND 110,000/kg mark.
Thus, on 10/24/2024, coffee prices domestically is trading around VND 109,400 - 109,700/kg.
$ 1 = VND 25.203 - Source: Vietcombank.
Translated by Hoang Duy
(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.
(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.
(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.
'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.
(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.
(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.
(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.
