Coffee price today 10/9/2024: Continue to fall

Thanh Bình |

Coffee price today 10/9/2024: Domestic and world coffee prices are decreasing in the same direction.

According to the Vietnam Commodity Exchange (MXV), in the industrial raw materials market, many commodity prices have turned to weaken, especially coffee prices.

As of 11:30 a.m. today (October 9), the domestic coffee market continued to decline, down an average of 100-200 VND/kg to around 112,800 - 113,500 VND/kg, the average purchase price in the Central Highlands provinces was 113,400 VND/kg.

Similar to Gia Lai, coffee in Dak Lak province was purchased at 113,400 VND/kg.

Meanwhile, in Dak Nong province, coffee prices decreased by VND100/kg compared to yesterday, currently at VND113,500/kg.

Coffee in Lam Dong province was purchased at the lowest price of 112,800 VND/kg, down 200 VND/kg compared to the closing price of yesterday's trading session (October 8).

Thi truong ca phe trong nuoc tiep tuc su xuat hien cua sac do. Nguon: Giacaphe.com.
The domestic coffee market continues to see red. Source: Giacaphe.com.

For the world market, at the end of the most recent trading session, the price of Robusta coffee in London for November 2024 delivery decreased by 10 USD/ton, at 4,856 USD/ton, and the price of January 2025 delivery increased by 24 USD/ton, at 4,684 USD/ton.

Gia ca phe Robusta London cap nhat luc 11.30 hom nay (9.10). Nguon: Giacaphe.com.

Arabica coffee futures for December 2024 delivery increased by 3.55 cents/lb, to 248.20 cents/lb, and futures for March 2025 delivery increased by 3.6 cents/lb, to 246.95 cents/lb.

Gia ca phe Arabica New York cap nhat luc 11.30 hom nay (9.10). Nguon: Giacaphe.com.
New York Arabica coffee prices updated at 11:30 today (October 9). Source: Giacaphe.com.

Expectations of rain in Brazil's main coffee growing region combined with strong export figures in September have put pressure on prices.

Brazil’s weather agency and LESG both said that rains will spread from the south to the southeast, Brazil’s main coffee-growing region, starting this week. Up to 50mm of rain could fall in 10 days, and temperatures are also expected to cool. The change in weather could create more favorable conditions for coffee plants to grow and recover from a prolonged dry period.

The coffee market in recent months has witnessed complex and unpredictable fluctuations, reflecting the multi-dimensional impact of domestic and international factors. Coffee prices are constantly changing, causing coffee growers and businesses to face many challenges.

Thanh Bình
TIN LIÊN QUAN

Ukrainian Prime Minister Shmyhal resigns, successor has been revealed

|

Ukrainian Prime Minister Denys Shmyhal submitted his resignation on July 15 as part of a large-scale government reform scheduled for this week.

Hanoi leaders talk about the roadmap to convert gasoline vehicles to electric vehicles

|

Hanoi will support the conversion of gasoline-powered vehicles to green fuel, applied first to people in Ring Road 1 and expanded in Ring Road 2.

The billiards community mourns Chang Jun-lin's sudden passing

|

The international billiards community was moved to commemorate player Chang Jung-lin, who recently passed away in Jakarta while participating in the 2025 PBC Indonesia tournament.

Super-small neighborhood in the heart of Ho Chi Minh City has a fire fighting system, people are still not assured

|

HCMC - Although the micro-neighborhood in the middle of HCMC has been installed with a fire fighting system by the locality, people are still worried about the risk of fire and explosion, so they open additional escape routes themselves.

Dead pigs dumped on the streets of Hanoi, Ministry of Agriculture and Environment speaks out

|

The Deputy Minister of Agriculture and Environment requested to resolutely prevent the situation of throwing dead pigs onto the road, causing the spread of the epidemic.

Top 10 localities with the most scores in 10 Math subjects, Hanoi leads

|

In the 2025 high school graduation exam, Hanoi is the leading locality in the country in terms of 10 points in Math.

Associate high school graduation exam scores: No 10 Literature scores

|

The Ministry of Education and Training has announced the scores for the 2025 high school graduation exam. Literature did not record a score of 10.

Today's Agricultural Prices 3.10: Coffee prices drop sharply by 4,500 VND/kg

PHAN TUẤN |

Today's Agricultural Prices 3.10: At the giacaphe.com trading floor, the average coffee price is at 116,600 VND/kg, down 4,500 VND/kg compared to the previous day.

Today's Agricultural Prices 2.10: Coffee prices continue to decrease slightly

PHAN TUẤN |

Today's Agricultural Prices 2.10: At the giacaphe.com trading floor, the average coffee price is at 121,100 VND/kg, down 400 VND/kg compared to the previous day.

Today's Agricultural Prices 9/21: Coffee prices down 2,100 VND/kg

BẢO LÂM |

Today's Agricultural Prices 9/21: At the giacaphe.com trading floor, the average coffee price is at 120,000 VND/kg, a sharp decrease of 2,100 VND/kg compared to the previous day.