Today's coffee price on December 9, 2024 on the world market, at 4:30 am, is updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching world exchanges, the only channel in Vietnam that continuously updates and links to world exchanges).
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| Coffee price on December 9, 2024 updated |
Today's online coffee prices of the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil are continuously updated by Y5 Cafe during the trading hours of the exchange, updated as follows:
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| Robusta Coffee Price London 12/9/2024 |
At the end of the trading session, the price of Robusta coffee on the London floor at 4:30 a.m. on December 9, 2024 remained unchanged compared to the previous trading session and was at 233 - 258 USD/ton, fluctuating from 4,779 - 5,193 USD/ton. Specifically, the delivery period for January 2025 was 5,153 USD/ton (up 258 USD/ton); the delivery period for March 2025 was 5,116 USD/ton (up 243 USD/ton); the delivery period for May 2025 was 5,065 USD/ton (up 238 USD/ton) and the delivery period for July 2025 was 5,000 USD/ton (up 233 USD/ton).
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| Arabica Coffee Price New York December 9, 2024 |
Similarly, the price of Arabica coffee on the New York floor on the morning of December 9, 2024, was also unchanged compared to yesterday's trading session and was at 13.05 - 16.75 cents/lb, fluctuating from 300.70 - 331.70 cents/lb. Specifically, the delivery period for March 2025 is 330.25 cents/lb (up 16.75 cents/lb); the delivery period for May 2025 is 327.60 cents/lb (up 16.30 cents/lb); the delivery period for July 2025 is 321.95 cents/lb (up 15.40 cents/lb) and the delivery period for September 2025 is 314.15 cents/lb (up 13.05 cents/lb).
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| Brazilian Arabica Coffee Price December 9, 2024 |
At the end of the trading session, the price of Brazilian Arabica coffee on the morning of December 9, 2024 was green compared to the previous trading session. The price increased but not much, the increase was from 20.35 - 22.15 USD/ton depending on the delivery terms. Specifically, the delivery term for December 2024 was 412.25 USD/ton (up 22.15 USD/ton); the delivery term for March 2025 was 409.00 USD/ton (down 0.30 USD/ton); the delivery term for May 2025 was 409.15 USD/ton (up 21.55 USD/ton) and the delivery term for July 2025 was 401.50 USD/ton (up 20.35 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.
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| Domestic coffee prices on December 9, 2024 continue to increase |
Meanwhile, domestic coffee prices continued to increase on the first day of the week. Specifically, domestic coffee prices were updated at 4:30 a.m. on December 9, 2024 as follows: domestic coffee prices remained high at around VND3,900/kg. Currently, the average coffee purchase price in the Central Highlands provinces is VND124,000/kg.
Specifically, the coffee purchase price in Gia Lai province is at 124,000 VND/kg; the coffee purchase price in Dak Nong province is 124,000 VND/kg and Dak Lak has the highest price of 124,000 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 123,000 VND/kg.
Coffee prices today (December 8) in Dak Lak province; in Cu M'gar district, coffee was purchased at 124,000 VND/kg, and in Ea H'leo district, Buon Ho town, it was also purchased at the same price of 124,000 VND/kg.
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| Domestic coffee prices on December 9, 2024 |
Concerns about supply pushed coffee prices up sharply last week after falling sharply in the first two days of the week. Although the current increase has not yet filled the gap left by the decline, Robusta coffee prices closed the weekend session, returning to the psychological high of over $5,116/ton based on March prices.
The General Statistics Office of Vietnam reported that Vietnam's coffee exports in November decreased by 49.1% compared to the same period last year to 1,000,000 bags, and the export volume in the first two months of the new crop, October and November 2024, was also 36.61% lower than the same period last year, when exports in these two months only reached 1,733,333 bags. The above figures clearly reflect the current situation of Vietnam's coffee crop in the context of rising prices and farmers understand better than anyone the situation of their crop.
Looking over to Brazil, the weather situation is not much brighter, with the meteorological agency Somar reporting on Monday that rainfall in Brazil's largest arabica coffee growing region, Minas Gerais, last week was just 17.8 mm, or 31% of the historical average.
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