As of 1:30 p.m. today (December 23), the domestic coffee market continued to decline, decreasing by an average of VND500/kg per session, currently fluctuating between VND120,000 - 121,000/kg. The average coffee purchase price in the Central Highlands provinces today is VND120,600/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about VND600/kg compared to the average price. Compared to the closing price at the end of last week, coffee prices in this region decreased by VND500/kg, currently hovering at VND120,000/kg.
Gia Lai province today announced that the coffee purchase price fluctuates around 120,300 VND/kg, a sharp decrease of 700 VND/kg compared to the same time yesterday (December 22).
In the same afternoon, Dak Lak province purchased coffee at around 120,500 VND/kg, down 500 VND/kg.
Notably, Dak Nong still holds the leading position among provinces and cities with the highest coffee purchasing price in the country, setting the price at 121,000 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 were covered in red, approaching the $5,000/ton mark. The January 2025 contract fell 0.99% (equivalent to $50/ton), standing at $5,011/ton. The March 2025 contract slid nearly 1% (equivalent to $44/ton), trading at $5,002/ton.
On the other hand, the New York Arabica coffee market continued its upward trend after many alternating sessions of increases and decreases. The March 2025 and May 2025 delivery terms were at 325.00 cents/lb and 319.30 cents/lb, up 0.39% and 0.31%, respectively.
According to the General Department of Vietnam Customs, Vietnam's coffee exports in the first 15 days of December reached 48,371 tons, worth 263.6 million USD, down sharply by 51.5% in volume and 6.5% in value compared to the same period last year. Previously, the amount of coffee exported in November was also at its lowest level in the same period in more than 15 years.
Coffee export prices have averaged $4,105 per tonne since the beginning of the year, up 58.5% year-on-year. Coffee trading in Vietnam is currently quiet, with supply remaining low due to harvest disruptions caused by adverse weather in major coffee growing areas.