As of 11:30 a.m. today (December 29), the domestic and international coffee markets have not fluctuated much compared to yesterday. Domestically, this commodity is still traded at 120,300 - 121,000 VND/kg. The average coffee purchase price in the Central Highlands provinces at the end of the week fell to 120,900 VND/kg.
To sum up the week, domestic coffee prices have decreased by an average of VND200/kg for the second consecutive week and slid VND2,300/kg compared to the week's peak of VND122,300/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 were covered in red, moving away from the $5,000/ton mark. The contract for delivery in March 2025 fell nearly 2% (equivalent to $88/ton), trading at $4,953/ton. The contract for delivery in May 2025 fell less than 0.36% (equivalent to $69/ton), listed at $4,953/ton.
Similarly, the New York Arabica coffee market continued to decline. The March 2025 and May 2025 delivery periods both fell nearly 1%, currently hovering at 322.65 cents/lb and 317.60 cents/lb.
Vietnam's coffee harvest has been delayed by nearly two months compared to the same period last year due to the severe impact of climate change, heavy rains, and cold weather that have slowed the ripening of coffee beans. Meanwhile, according to the Vietnam Coffee and Cocoa Association (Vicofa), farmers mainly harvest red-ripe coffee beans to achieve high yields, so the harvesting process is delayed.
Vietnam’s coffee sector had a very successful year, with exports exceeding the 5 billion USD mark in both the crop year and the calendar year. Coffee became the third agricultural product after vegetables and rice, with an export turnover of over 5 billion USD and was the agricultural product with the strongest price increase among Vietnam’s main export products.
In the world market, Robusta coffee prices on the London market have lost the $5,000 mark, this is the second consecutive week of decline compared to the price in March 2025. Coffee prices have been under pressure this week due to currency factors and high standard inventories. The lack of positive signs in the Brazilian Real this week has contributed to the decline in coffee prices.
