Global coffee news on September 26: Colombia is looking to boost coffee exports to China

In the world market, the price of robusta futures for November 2024 on the London floor increased by 2.5%, closing at 5,446 USD/ton. The price of arabica futures for December 2024 on the New York floor increased by 1.3 cents, equivalent to 0.5%, to 269.1 US cents/lb, after reaching a 13-year high of 271.2 US cents/lb. Highlights: In the next 3 months, farmers in the Central Highlands, including Dak Nong, will start harvesting coffee. Due to fluctuations in coffee prices, businesses and cooperatives (HTX) are worried about the lack of clean coffee supply. Businesses are concerned that the price difference between regular coffee and clean coffee could make it difficult to purchase and sell. Harvesting unripe coffee could reduce clean coffee output and affect the reputation of Vietnamese coffee in the long term. - Dealers said dry weather in Brazil remains a major concern, which could impact next year's output. The impact on coffee is greater than on sugar because it is flowering ...