Coffee price today 13.2: Strong increase, reaching historical milestone

Thanh Vân |

Coffee prices today, February 13, increased on both major exchanges. Domestically, coffee prices increased by VND2,000 - 2,200/kg, reaching a peak of VND133,000/kg.

Domestic coffee prices today February 13

The domestic coffee market continued to record strong increases today. The price of green coffee beans in the Central Highlands and key regions fluctuated from 132,000 - 133,000 VND/kg, an increase of 2,000 - 2,200 VND/kg compared to yesterday.

Dak Lak, Dak Nong: 133,000 VND/kg (+2,200 VND/kg)

Lam Dong: 132,000 VND/kg (+2,200 VND/kg)

Gia Lai: 132,800 VND/kg (+2,000 VND/kg)

According to the Vietnam Coffee and Cocoa Association (VICOFA), Vietnam's coffee export output in January 2025 reached 149,202 tons, down 28.1% compared to the same period last year. The narrowing supply has pushed domestic coffee prices to continuously increase sharply in recent times.

World coffee prices today 13.2

On the international exchange, coffee prices continue to increase.

Robusta coffee price (London floor):

March 2025 term: 5,817 USD/ton (+164 USD, +2.90%)

May 2025 term: 5,821 USD/ton (+158 USD, +2.79%)

July 2025 term: 5,765 USD/ton (+154 USD, +2.74%)

Arabica coffee price (New York floor)"

March 2025 futures: 431.80 cents/lb (+18.35 cents, +4.44%)

May 2025 futures: 420.20 cents/lb (+15.80 cents, +3.91%)

July 2025 futures: 407.30 cents/lb (+15.15 cents, +3.86%)

Both coffees have risen sharply due to supply pressure and buying from large hedge funds. Notably, Arabica coffee prices have set a record with 14 consecutive increases, reaching $4.31/lb on the ICE exchange.

Reasons why coffee prices continue to rise sharply

According to the Brazilian Coffee Exporters Association (Cecafe), the country's coffee exports in January 2025 reached only 238,800 tons, down 1.3% compared to last year. Meanwhile, Vietnam's coffee exports also decreased by 28.1%, contributing to pushing coffee prices to their highest level in many years.

In addition, according to Reuters, coffee prices continue to rise due to dry weather in Brazil, affecting the upcoming harvest. Analyst Ryan Delany of Coffee Trading Academy commented: "Coffee supply has improved but not enough to meet demand. People are concerned about the impact of weather on global coffee production."

At the same time, transaction costs on the ICE exchange increased to a record high, forcing many investors to buy back contracts, pushing coffee prices even higher.

Coffee price forecast for the coming days

According to experts, coffee prices may continue to stay high in the near future as supply has not shown signs of a strong recovery. However, the market is also likely to adjust if exports from Brazil and Vietnam improve in the second quarter of 2025.

Investors and coffee businesses need to closely monitor price fluctuations to have appropriate trading strategies, avoiding risks from technical adjustments.

Thanh Vân
TIN LIÊN QUAN

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