As of 11:30 a.m. today (December 31), the domestic coffee market fluctuated, with an average decrease of VND 700/kg, with the current purchase price fluctuating between VND 119,700 - VND 120,500/kg. The average coffee purchase price in the Central Highlands provinces today is VND 120,400/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about 700 VND/kg compared to the average price. Compared to the closing price at the end of last week, coffee prices in this region have dropped the most by 800 VND/kg, reaching the market price of 119,700 VND/kg.
Purchasing at a price 600 VND/kg higher, coffee prices in Gia Lai and Dak Lak provinces today also simultaneously dropped 700 VND/kg, down to 120,300 VND/kg.
Notably, Dak Nong province is still ranked first among the provinces and cities with the highest coffee purchasing price in the country, despite a decrease of 700 VND/kg, setting the mark at 120,500 VND/kg.
On the London and New York exchanges, the coffee market has changed dramatically in all terms after a series of days of stagnation. On the London Robusta coffee exchange, coffee prices are still covered in red, far from the $5,000/ton mark. The contract for delivery in March 2025 decreased by nearly 1% (equivalent to $32/ton), trading at $4,921/ton. The contract for delivery in May 2025 decreased by less than 0.06% (equivalent to $29/ton), listed at $4,855/ton.
Meanwhile, the situation in the New York Arabica coffee market has been volatile. The March 2025 and May 2025 delivery periods have both dropped nearly 1%, currently hovering at 321.00 cents/lb and 316.95 cents/lb.
According to market analysts, the downward trend on the two coffee exchanges last week and will continue early this week, due to the high trading performance on the two exchanges, especially the London exchange. In addition, on the exchanges, speculators are still increasing liquidation sales to lock in profits after a year of positive coffee progress. At the end of the year, capital management business owners also withdraw profits to spend.
Vietnam’s coffee industry had a very successful year when exports exceeded the 5 billion USD mark for the entire crop year. According to many experts, in 2025, the opportunity for Vietnamese coffee is still very large when the world’s leading coffee producing country, Brazil, will reduce production.
