As of 11:30 a.m. today (December 30), the domestic coffee market reversed the first session of the week, with the current purchase price fluctuating between 120,500 - 121,200 VND/kg. The average coffee purchase price in the Central Highlands provinces today is 121,100 VND/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about 600 VND/kg compared to the average price. Compared to the closing price at the end of last week, the coffee price in this region increased by 200 VND/kg, reaching the market price of 120,500 VND/kg.
Purchasing at a price 500 VND/kg higher, coffee prices in Gia Lai and Dak Lak provinces today also increased by 200 VND/kg, to 121,000 VND/kg.
Notably, Dak Nong province is still ranked first among the provinces and cities with the highest coffee purchasing price in the country, at 121,200 VND/kg.
On the London and New York exchanges, the coffee market did not change much in all terms. On the London Robusta Coffee Exchange, coffee prices remained red, moving away from the $5,000/ton mark. The contract for delivery in March 2025 decreased by nearly 2% (equivalent to $88/ton), trading at $4,953/ton. The contract for delivery in May 2025 decreased by less than 0.36% (equivalent to $69/ton), listed at $4,884/ton.
Similarly, the New York Arabica coffee market is moving sideways. The March 2025 and May 2025 delivery periods both maintained a decrease of nearly 1%, currently at 322.65 cents/lb and 317.60 cents/lb.
According to the USDA (United States Department of Agriculture), Vietnam's coffee output in the 2024-2025 crop year is forecast to reach 30.1 million bags, including 29 million bags of Robusta and 1.1 million bags of Arabica, a significant increase compared to the 2023-2024 crop year coffee output of 27.5 million, including 26.5 million bags of Robusta and 1 million bags of Arabica.
Unseasonal rainy weather conditions continue to affect coffee harvesting and processing in the domestic market. According to local sources, 20-30% of the crop has yet to be harvested and there are concerns that the rain could affect the quality of the coffee beans.
Trading activity in the final days of the year is typically low-volume, with market participants keeping an eye on the coffee harvest in Vietnam, which is currently underway, and awaiting the first reliable estimates of the upcoming Brazilian harvest, which are expected to be released in the coming weeks.
