As of 11:30 a.m. today (January 12), domestic coffee was still trading at 118,300 - 119,000 VND/kg. The average coffee purchase price in the Central Highlands provinces at the end of the week fell to 118,900 VND/kg.
To summarize the week, domestic coffee prices had another week of price decline in 2025, down an average of 1,400 - 1,500 VND/kg.
On the London and New York exchanges, the coffee market continued to move in opposite directions across all terms. On the London Robusta Coffee Exchange, coffee prices remained unchanged, gradually moving away from the peak of 5,000 USD/ton. Contracts for delivery in March 2025 and May 2025 remained unchanged from the previous trading session, standing at 4,966 USD/ton and 4,879 USD/ton, respectively.
On the other hand, the New York Arabica coffee market continued its upward trend at the end of the week. The March 2025 delivery period maintained its 1.68% increase, currently hovering at 323.85 cents/lb. The May 2025 delivery period was introduced to the market at 319.80 cents/lb.
The weekend trading session saw two exchanges move in opposite directions, with a slight decrease on the London exchange but a sharp increase on the New York exchange. Robusta futures for delivery in March 2025 decreased by 2 USD/ton; Arabica futures for delivery in March 2025 increased by 5.2 cents/lb.
Robusta is under pressure from the new crop entering the market. In addition, this commodity is under pressure after the General Department of Customs reported that Vietnam's coffee exports in December increased by 102.6% compared to the same period last year, reaching 127,655 tons.
Rainfall in Brazil was assessed as below normal, helping Arabica regain momentum during the week. Graded Arabica stocks were expected to fall by 415 bags to 980,543 bags.