Domestic coffee prices today
According to records at 11:30, coffee prices in the Central Highlands provinces adjusted down slightly after consecutive increases.
Dak Lak: 132,300 VND/kg (-700 VND)
Lam Dong: 131,000 VND/kg (-1,000 VND)
Gia Lai: 132,300 VND/kg (500 VND)
Dak Nong: 132,500 VND/kg (500 VND)
Experts assess that domestic coffee prices are under pressure from Robusta prices on the London exchange showing signs of adjustment, combined with a gradually stable coffee supply after the Lunar New Year holiday.
World coffee price developments
In the world market, coffee prices tend to fluctuate in different directions:
Robusta coffee prices ( London prices):
March 2025 term: 5,794 USD/ton (-23 USD)
May 2025 term: 5,788 USD/ton (-33 USD)
Arabica coffee prices (New York prices):
March 2025 term: 438.90 cents/lb (+7.10 cents)
May 2025 term: 425.10 cents/lb (+4.90 cents)
Arabica continues to maintain its upward momentum after reaching a record peak earlier in the week. Investors are concerned about the declining supply from Brazil and Vietnam, causing speculative funds to continue to pour money into this market.
Reasons for coffee price fluctuations
According to statistics from the Vietnam Coffee and Cocoa Association (VICOFA), in January 2025, Vietnam exported 149,202 tons of coffee, down 28.1% over the same period last year. This has caused the supply of coffee in the international market to tighten, contributing to maintaining a high price level.
Meanwhile, coffee businesses in Brazil are also having difficulty meeting export contracts. Central do cafe - one of the major coffee purchasers in Brazil - has just announced a temporary suspension of operations to assess the financial situation. This raises concerns about potential supply disruptions in the coming months.
In addition, the increase in trading costs on the ICE exchange is also a factor driving the increase in coffee prices. According to Reuters, the ICE has just raised its deposit to 10,410 USD/ Arabica contract - nearly double compared to last year. This has caused investors holding selling positions to face great pressure, forced to cut losses, thereby pushing prices higher.
Market forecast
Experts predict that Arabica coffee prices may continue to stay high in the coming time because supply from Brazil and Vietnam has not shown any signs of improvement. However, for Robusta, prices may adjust slightly when the amount of goods from Vietnam gradually returns to the market.
Investors and coffee growers need to closely monitor market developments to make appropriate trading decisions.
