Coffee price today December 25, 2024: Continue to increase slightly in Vietnam

게시됨 2024년 12월 25일

Tridge 요약

World coffee prices on December 25, 2024, saw an increase on both the London and New York exchanges. Robusta prices on the London exchange for March 2025 delivery increased by 33 USD per ton, reaching 5,041 USD/ton, while Arabica prices for the same delivery term increased by 1.35 cents per lb, reaching 328.60 cents/lb. This increase is attributed to heavy rain in key coffee harvesting areas in Vietnam, high freight rates, geopolitical tensions, and reduced output due to climate change. However, domestic coffee prices in Vietnam continued to increase slightly, trading around 120,600 - 121,400 VND/kg, despite a decrease in Vietnam's coffee exports in November 2024, which reached 63,019 tons, earning 351.7 million USD, a 47% volume and 1.3% value decrease compared to the same period last year.

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원본 콘텐츠

World coffee prices today December 25 In the world, the London and New York exchanges continued to increase on December 25. Of which, the price of Robusta on the London exchange for delivery in March 2025 increased by 33 USD (equivalent to 0.66%); to 5,041 USD/ton. And the delivery term in May 2025 increased slightly by 18 USD (equivalent to 0.36%); to 4,953 USD/ton. And on the New York exchange, the price of Arabica for delivery in March 2025 increased by 1.35 cents (equivalent to 0.41%); to 328.60 cents/lb. And the delivery term in May 2025 increased slightly by 1.5 cents (equivalent to 0.47%); to 323.35 cents/lb. World coffee prices today maintained a slight increase on both exchanges before closing early to welcome Christmas. Robusta prices continue to be supported by information about heavy rain in key coffee harvesting areas in Vietnam. Prices on the London exchange have been maintaining a series of consecutive increases since the beginning of the week. Supply from Vietnam ...

출처: Agriculture