Coffee price today in Vietnam, December 26, 2024: No new fluctuations

Published 2024년 12월 26일

Tridge summary

World coffee prices on December 26, 2024, remained stable with no fluctuations, as observed in both the London and New York exchanges. The import of coffee in the US experienced a slight increase of 3.5% in volume and 3.3% in value compared to the previous year, totaling 7.35 billion USD. Brazil emerged as the leading supplier, increasing its share of the US coffee imports from 23.6% to 29%. In contrast, Vietnam's coffee exports to the US saw a decrease, resulting in a reduced share of total US coffee imports. Meanwhile, the domestic coffee market in Vietnam saw stable prices trading around 120,600 - 121,400 VND/kg.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World coffee prices today December 26 Worldwide, the London and New York exchanges on December 26 moved sideways. Of which, the price of Robusta on the London exchange for delivery in March 2025 remained at 5,041 USD/ton. And the delivery term for May 2025 was anchored at 4,953 USD/ton. Meanwhile, on the New York exchange, the price of Arabica for delivery in March 2025 remained at 328.60 cents/lb. And the delivery term for May 2025 moved sideways at 323.35 cents/lb. World coffee prices today have no new fluctuations after the 2024 Christmas holiday. According to statistics from ITC, in the first 10 months of this year, the US imported nearly 1.24 million tons of coffee from 103 countries and territories, with a total value of 7.35 billion USD. Compared to the same period last year, the amount of imported coffee increased by 3.5% and the value increased by 3.3%. The main sources of this agricultural product for the US market include: Brazil, Colombia, Peru, Canada, Nicaragua, ...

Source: Agriculture