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Coffee Coffee prices today 12/18/20: Continued growth, Robusta exceeded 1420...

Coffee prices today 12/18/20: Continued growth, Robusta exceeded 1420 dollars/ton

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Coffee prices today 12/18/20 are 1420 dollars/ton today. Robusta coffee rose for the second consecutive session on the London exchange.

World coffee prices

Ending the session this morning (Vietnam time), the price of Robusta coffee in London delivered in January 2021 increased 11 USD / ton (0.81%), traded at 1,365 USD / ton, delivered in March 2021 increased by 9 USD (0.65%) at 1,387 USD / ton. On the exchange of New York in the US, Arabica coffee prices delivered in December 2020 remained at 125.05 cents/lb, delivered in March 2021 kept at 126.6 cents/lb.

Yesterday, after the speculators equalized their positions before the expiration date of the January 2021 futures contract in London, Robusta prices rebounded. Meanwhile, there was news that coffee inventories in North America dropped to the lowest level of 5 years, pushing Arabica prices up.

The price list of Robusta coffee transactions in London

Period Price Change % change Mass Tallest The shortest Open door Open contract
01/21 1365 +11 +0.81% 5024 1368 1353 1358 19108
03/21 1387 +9 +0.65% 10247 1390 1376 1380 43991
05/21 1393 +5 +0.36% 4081 1395 1384 1389 19266
07/21 1407 +4 +0.29% 883 1411 1398 1404 16236
Unit: USD ($) / Ton Coffee price Trading unit: lot = 10 tons

Arabica coffee price list transactions in New York

Period Price Coffee price Change % change Mass Tallest The shortest Open door Open contract
12/20 125.05 0 0% 4 126.3 125 126.3 forty six
03/21 126.6 0 0% 13347 128 125.05 127.25 112853
05/21 128.5 +0.05 +0.04% 3474 129.8 126.95 129.25 44508
07/21 130.05 +0.05 +0.04% 1660 131.3 128.5 130.6 35063
Unit: USD Cent / lb   1USD = 100cent   1Lb ~ = 0.45Kg   Trading unit: lot = 37,500 lb

 

Coffee prices today 12/18/20 in Vietnam

In Cu M’gar district (Dak Lak), the price of coffee is 33,300 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today coffee prices were purchased at the same level of 33,200 VND / kg. Specifically, in Di Linh district, Lam Ha, Bao Loc (Lam Dong) price Coffee today is purchased at 32,900 VND / kg.

Similarly in Dak Nong province, the price of purchased coffee was at 33,100 VND / kg in Gia Nghia and 33,200 VND / kg in Dak R’lap.

In Gia Lai province, coffee prices are at 33,200 VND / kg (Chu Prong), in Pleiku and La Grai are at the same price of 33,100 VND / kg. Coffee prices in Kon Tum province were purchased at VND33,100 / kg.

Today, coffee prices in key growing areas in the country increased slightly, about 200-300 VND / kg.

Coffee price today 18/12/20 in the country

TT of the bucket Average price Change
FOB (HCM) 1,442 Subtract:  +55
Coffee priceDak Lak 32,900 0
Lam Dong 32,600 0
Gia Lai 32,900 0
Dak Nong 32,900 0
pepper 55,000 -500
Exchange rate USD / VND 23,040 0
Unit of measure: VND / kg FOB: USD ($) / ton

Currently, farmers in the Central Highlands coffee area are at the peak of harvesting their crops with the hope of being completed before the 2021 Lunar New Year. According to observations, the rate of ripe fruit collection this year is very high because farmers have to pay more attention to grain quality and post-harvest drying methods.

Although in recent years, the coffee growing area has always decreased, Dong Nai is playing an important role in the consumption chain of this agricultural product. Dong Nai is one of the four largest coffee exporting provinces and cities of the country. Dong Nai’s major coffee export markets are the United States, India, the UK, and Germany. In addition, Dong Nai is home to many foreign direct investment enterprises investing in deep processing of coffee for export. password.

Helena Magazine

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