Update coffee prices today November 26, 2024, online coffee prices, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, green coffee, Arabica coffee November 26, 2024.
Today's coffee price , November 26, 2024, on the world market, at 4:30 am, was updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching the world exchanges, the only channel in Vietnam that continuously updates and links with the world exchanges). Today's online coffee prices of the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil have been continuously updated by Y5 Cafe throughout the trading hours of the exchange, updated as follows:
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| Robusta Coffee Price London November 26, 2024 |
At the end of the trading session, the price of Robusta coffee on the London floor at 4:30 a.m. on November 26, 2024 continued to increase and was at 86 - 125 USD/ton, fluctuating between 4,875 - 5,110 USD/ton. Specifically, the delivery period for January 2025 is 5,110 USD/ton (up 125 USD/ton); the delivery period for March 2025 is 5,036 USD/ton (up 113 USD/ton); the delivery period for May 2025 is 4,963 USD/ton (up 104 USD/ton) and the delivery period for July 2025 is 4,875 USD/ton (up 86 USD/ton).
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| Arabica Coffee Price New York November 26, 2024 |
Similar to the London floor, the price of Arabica coffee on the New York floor on the morning of November 26, 2024 also continued to increase compared to the previous trading period, increasing from 2.05 - 2.70 cents/lb, fluctuating from 290.35 - 304.80 cents/lb. Specifically, the delivery period for March 2025 is 304.80 cents/lb (up 2.70 cents/lb); the delivery period for May 2025 is 302.25 cents/lb (up 2.65 cents/lb); the monthly period for July 2025 is 296.30 cents/lb (up 2.40 cents/lb) and the monthly period for September 2025 is 290.35 cents/lb (up 2.05 cents/lb).
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| Brazilian Arabica Coffee Price November 26, 2024 |
At the end of the trading session, the price of Brazilian Arabica coffee on the morning of November 26, 2024 increased slightly compared to November 25, an increase of 3.15 to 4.60 USD. Specifically, the delivery period for December 2024 is 390.50 USD/ton (up 4.60 USD/ton); the monthly period for March 2025 is 384.50 USD/ton (down 0.15 USD/ton); the monthly period for May 2025 is 375.65 USD/ton (up 3.50 USD/ton) and the delivery period for July 2025 is 367.60 USD/ton (up 3.15 USD/ton).
Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 16:00 and closes at 00:30 (next day), Vietnam time. Arabica coffee on the ICE Futures US (New York exchange) opens at 16:15 and closes at 01:30 (next day), Vietnam time. For Arabica coffee traded on the B3 Brazil exchange, it will open from 19:00 - 02:35 (next day) Vietnam time.
Domestic coffee prices were updated at 4:30 a.m. on November 26, 2024. Domestic coffee prices continued to increase compared to the previous trading session, increasing sharply by about 1,000 VND/kg. Currently, the average coffee purchase price in the Central Highlands provinces is 112,000 VND/kg.
Specifically, the coffee purchase price in Gia Lai province is at 119,900 VND/kg; the coffee purchase price in Dak Nong and Dak Lak provinces is at the highest price of 120,000 VND/kg.
The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 118,800 VND/kg.
Coffee prices today (November 26) in Dak Lak province; in M'gar district, coffee is purchased at 120,000 VND/kg, and in Ea H'leo district, Buon Ho market is purchased at 119,900 VND/kg.
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| Domestic coffee prices on November 26, 2024 |
On the morning of November 26, updated at 4:30 a.m., the world coffee market continued to increase compared to yesterday's trading session, November 25. At the end of the trading session, on all three exchanges, Robusta London, Arabica New York and Brazil, coffee prices increased compared to the previous trading session.
The forecast for the October 2024 to September 2025 coffee crop year is for global production to be estimated at 169.50 million bags and global coffee demand to be 171 million bags.
Indonesia’s total coffee production (Arabica and Robusta) was also revised down by USDA by 900,000 bags, from 10.90 to 10.00 million bags. The decline in Robusta production, from 9.5 to 8.6 million bags, was the main reason for the overall negative adjustment in the country’s production.
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| Domestic coffee prices on November 26, 2024 |
In Vietnam, the market is facing many supply challenges. In addition to concerns that the La Nina phenomenon may appear later in the year and affect the harvest, the amount of coffee available at the time of the main harvest in 2024 is also low. According to Reuters, traders in Vietnam said that demand is increasing while supply is still limited. Unlike previous seasons, farmers are in no rush to sell their coffee this year due to stable financial situation thanks to revenue from previous sales of durian and pepper.
The low supply situation is also reflected in the export data of the General Department of Customs. Accordingly, the amount of coffee exported in the first half of November reached only 20,933 tons, down 45% compared to the same period in 2023 and down 3% compared to the first 15 days of October 2024. This is contrary to the usual rule when the export volume in November usually increases gradually as farmers enter the main harvest period.
Source: https://congthuong.vn/gia-ca-phe-hom-nay-26112024-gia-ca-phe-trong-nuoc-tiep-da-tang-manh-360822.html
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