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Coffee Coffee prices today October 26: Robusta demand is predicted...

Coffee prices today October 26: Robusta demand is predicted to continue increasing, the year-end market continues to go up.

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Coffee prices today October 26 are moving sideways, the highest is still in Dak Lak. Experts predict the global coffee market will continue to increase slightly until the end of 2020.

In Di Linh district (Lam Dong), today’s coffee price was purchased at 31,500 VND / kg. In Bao Loc district (Lam Dong), Lam Ha (Lam Dong), the price of coffee was at 31,600 VND / kg.

In Cu M’gar district (Dak Lak), the price of coffee today is 32,200 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today coffee prices are purchased at the same level of 32,100 VND / kg.

Similarly in Dak Nong province, coffee prices today purchased at 31,900 VND / kg in Gia Nghia and Dak R’lap).

In Gia Lai province, today’s coffee price is 31,900 VND / kg (Chu Prong), in Pleiku and La Grai the same price is 32,000 VND / kg. Today, coffee prices in Kon Tum province are purchased at 31,600 VND / kg.

Consolidated last week, coffee prices increased on average 100-200 / VND / kg in Lam Dong, Dak Lak, Gia Lai, and Dak Nong. In Kon Tum, the price was kept stable at 31,600 VND / kg.

At the end of last week’s trading session, Robusta coffee price in London decreased by 5 USD / ton (0.39%) for delivery in November 2020, traded at 1,271 USD / ton, delivered in March 2021 decreased by 2 USD at 1.313. Meanwhile, on the exchange of New York in the US, Arabica coffee prices for December delivery decreased 1.10 cents/lb (1.03%) at 105.6 cents/lb, delivered in March 2021 decreased by 1 cent/lb (0.91%) to 108.4 cents/lb.

According to a Reuters survey, coffee futures prices, both Arabica and Robusta, are forecast to slightly increase by the end of 2020, despite supply likely to increase in the 2020-2021 season. Meanwhile, Robusta coffee is forecasted to be 1,390 USD / ton.

Survey participants said that the global coffee oversupply will increase from 1.85 million 60 kg bags to 5 million bags in the 2020-2021 season, mainly due to increased Arabica supply amid demand and decline. weak. Coffee shops around the world, which are among the biggest customers of Arabica coffee, were closed for months due to the disease.

Traders and analysts surveyed by Reuters all forecast Robusta consumption to increase, thanks to increased sales at supermarkets as more people have to work from home because of the pandemic. Retailers often produce finished coffee with higher Robusta content. Besides, instant coffee is also produced mainly with Robusta coffee. Demand for Robusta coffee is forecast to exceed supply by 1 million bags in the crop year 2020-2021, while Arabica coffee is an oversupply of 5.9 million bags.

Coffee prices today October 26 in Vietnam

TT of the bucket Average price Change
FOB (HCM) 1,440 Subtract: +135
Coffee priceDak Lak 32,200 0
Lam Dong 31,600 0
Gia Lai 32,000 0
Dak Nong 32,000 0
pepper 53,000 +1000
Exchange rate USD / VND 23,090 0
Unit of measure: VND / kg FOB: USD ($) / ton

Robusta coffee prices transactions in London

Period Price Change % change Mass Tallest The shortest Open door Open contract
11/20 1271 -5 -0.39% 3453 1284 1265 1284 9092
01/21 1305 -2 -0.15% 7790 1316 1296 1309 43873
03/21 1313 0 0% 2612 1322 1302 1315 25369
05/21 1327 0 0% 527 1333 1316 1333 12935
Unit: USD ($) / Ton Coffee priceTrading unit: lot = 10 tons

Arabica coffee prices traded in New York

Period Price Coffee price Change % change Mass Tallest The shortest Open door Open contract
12/20 105.6 -1.1 -1.03% 11994 107 104.75 106.4 89455
03/21 108.4 -first -0.91% 6257 109.7 107.5 109.15 73990
05/21 110.05 -1.05 -0.95% 2082 111.4 109.3 111.1 32749
07/21 111.55 -1.1 -0.98% 1246 112.9 110.75 112.45 30923
Unit: USD Cent / lb 1USD = 100cent 1Lb ~ = 0.45Kg Trading unit: lot = 37,500 lb

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