March 3, 2026 | 17:49 GMT +7
March 3, 2026 | 17:49 GMT +7
Hotline: 0913.378.918
Latest domestic and global coffee prices on 10/31/2024
On the global market, both the London and New York exchanges saw coffee prices increase on October 31.
Specifically, Robusta coffee prices on the London exchange for January 2025 delivery rose by $ 55 (or 1.25%), reaching $ 4,453/ton. The March 2025 delivery also saw a significant increase of $ 51 (or 1.18%), bringing prices to $ 4,363/ton.
Meanwhile, on the New York exchange, Arabica coffee prices for December 2024 delivery increased slightly by 1.5 cents (or 0.6%), returning to 249.60 cents/lb. The March 2025 delivery saw a similar rise of 1.8 cents (or 0.73%), reaching 249.05 cents/lb.
Latest Arabica and Robusta prices on 10/31/2024
World coffee prices rebounded on October 31 following a dip in the previous session. However, the increase remained limited due to the Brazilian Real's drop to its lowest level in two and a half months against the USD, encouraging Brazilian coffee producers to increase sales.
Thus, global coffee prices turned upward on 10/31/2024, compared to the previous day.
In Vietnam, the domestic coffee market showed a slight increase of VND 200/kg today.
In Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 109,000/kg.
In Dak Lak, Cu M'gar district is purchasing coffee at VND 109,500/kg, while Ea H'leo and Buon Ho districts are trading at VND 109,400/kg.
In Dak Nong, traders in Gia Nghia and Dak R'lap are buying at VND 109,600/kg and VND 109,500/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 109,300/kg, while Pleiku and La Grai districts hold steady at VND 109,200/kg.
In Kon Tum, the purchasing price today stands at VND 109,300/kg.
Domestic coffee prices today have risen again but have yet to recover to reach the VND 111,000/kg threshold.
Thus, on 10/31/2024, domestic coffee prices are trading around the VND 109,000 - 109,600/kg range.
$ 1 = VND 25.085 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Record-high rice prices at harvest time last year are adding upward pressure to food inflation at the start of the year in South Korea, raising concerns over household grocery costs.
(VAN) Chocolate lovers will not see immediate relief at the checkout despite a sharp drop in global cocoa prices this year.
(VAN) Most row crop farmers battled elevated production costs which, when coupled with low commodity prices, made profitability challenging in 2025.
(VAN) FSC certification has helped increase the value of thousands of hectares of planted forest timber under the management of the Xuan Loc Protection Forest Management Board, particularly in terms of selling prices.
(VAN) More than 100 shoppers queued for a chance to get a kilo or so of Japanese rice for 500 yen ($3.32) by heaping as much grain into a small wooden box as possible.
(VAN) Benchmark international prices of milled declined in October as harvests started or improved in some parts of the globe.
(VAN) Show cause orders will be issued to retailers who sell imported rice at prices exceeding the maximum suggested retail price (MSRP) of P43 per kilo, Philippines Agriculture Secretary said in a statement on Thursday.