As of 11:30 a.m. today (January 24), the domestic coffee market continued its upward trend, increasing slightly by an average of VND100/kg per session. Currently, the purchase price fluctuates between VND123,500 - VND124,500/kg. The average coffee purchase price in the Central Highlands provinces today remains at VND124,200/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands. Compared to the impressive price increase yesterday (January 23), coffee prices in this region remained stable at 123,500 VND/kg.
Purchasing higher than Lam Dong, Gia Lai province did not record any fluctuations when maintaining the selling price at 124,000 VND/kg.
Dak Lak province alone increased the price by 200 VND/kg today, bringing it to the market at 124,200 VND/kg.
Notably, although there was no change in coffee purchasing price, Dak Nong province is still the leading province in the Central Highlands region, listed at 124,500 VND/kg.
On the London and New York exchanges, the coffee market moved in the same direction across all terms.
On the London Robusta Coffee Exchange, coffee prices continued to soar, surpassing the peak of 5,000 USD/ton. The contract for delivery in March 2025 increased by 0.55% (equivalent to 30 USD/ton), reaching 5,482 USD/ton. In the same direction, the contract for delivery in May 2025 increased by 0.65% (equivalent to 35 USD/ton), anchoring at 5,423 USD/ton.
Similarly, the New York Arabica coffee market also recorded a surprising increase. The March 2025 and May 2025 delivery periods both continued to increase by nearly 1%, reaching the market at 343.95 cents/lb and 340.10 cents/lb.
According to statistics, Vietnam earned nearly VND10,000 billion from coffee exports in the first 15 days of 2025. Enterprises exported nearly 73,820 tons of coffee beans, bringing nearly USD400 million to the economy.
The Vietnamese coffee market is entering a long Tet holiday, farmers are limiting sales, causing a shortage of supply. However, coffee prices are currently holding at a very high level, so there are not many buyers, mainly buying only when needed, not for storage.
Vietnamese export enterprises are also on Tet holiday, so coffee supply from Vietnam continues to be disrupted, causing prices to increase slightly.
