As of 11:30 a.m. today (January 11), the domestic coffee market has reversed and decreased slightly, averaging a decrease of VND500/kg per session, with the current purchase price fluctuating between VND118,300 - VND119,000/kg. The average coffee purchase price in the Central Highlands provinces today is VND118,900/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about 600 VND/kg compared to the average price. Compared to the slight increase in yesterday's trading session (January 10), coffee prices in this region "turned around" and decreased by 400 VND/kg, reaching the market price of 118,300 VND/kg.
Purchasing at a higher price than Lam Dong, coffee prices in Gia Lai province today plummeted 500 VND/kg, setting the mark at 118,800 VND/kg.
Notably, Dak Nong and Dak Lak are the two leading provinces and cities with the highest coffee purchasing prices, falling by 500 VND/kg, respectively, to 119,000 VND/kg.
On the London and New York exchanges, the coffee market moved in opposite directions across all terms. On the London Robusta Coffee Exchange, coffee prices increased and decreased alternately, gradually moving away from the peak of 5,000 USD/ton. The contract for delivery in March 2025 decreased slightly by 0.26% (equivalent to 13 USD/ton), anchored at 4,966 USD/ton. The contract for delivery in May 2025 slid by 0.25% (equivalent to 12 USD/ton), standing at 4,879 USD/ton.
On the other hand, the New York Arabica coffee market continued its upward trend. The March 2025 delivery period continued to increase by 1.68%, standing at 323.85 cents/lb. The May 2025 delivery period also increased by 1.62%, reaching the market price of 319.80 cents/lb.
The weekend trading session saw two world coffee exchanges move in opposite directions. Robusta turned down slightly while Arabica maintained its upward momentum. The reason was a sharp increase in inventories on the London exchange and less rain in Brazil's key coffee growing regions.
Coffee exports from Vietnam are improving significantly in January 2025 compared to this time last year, temporarily preventing a price spike in the first quarter of the new year.
The Import-Export Department forecasts that in 2025, Vietnam's coffee exports will continue to grow as supply increases and consumer demand from countries around the world increases.
According to the latest forecast from the US Department of Agriculture (USDA), global coffee production is expected to recover in the 2024-2025 crop year, mainly due to increased output in Vietnam and Indonesia. Meanwhile, with consumption rising, global coffee inventories at the end of 2024 will decline further, to 20.9 million bags.
