As of 11:30 a.m. today (January 4), the domestic coffee market has reversed and decreased sharply, averaging a decrease of VND1,700/kg per session, with the current purchase price fluctuating between VND119,800 - VND120,500/kg. The average coffee purchase price in the Central Highlands provinces today is VND120,300/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about 500 VND/kg compared to the average price. Compared to the sudden increase yesterday (January 3), coffee prices in this region have dropped sharply by 1,500 VND/kg, reaching the market price of 119,800 VND/kg.
Purchasing at a price 400 VND/kg higher, coffee prices in Gia Lai province today plummeted 1,700 VND/kg, down to 120,200 VND/kg. In the same direction, coffee prices in Dak Lak province recorded a large fluctuation compared to the previous trading session, setting the mark of 120,300 VND/kg.
Notably, Dak Nong is still the province with the highest coffee purchasing price in the country, with a sharp decline of 1,700 VND/kg, listed at 120,500 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 "turned around" and dropped dramatically, moving away from the $5,000/ton mark. Contracts for delivery in March 2025 and May 2025 both fell nearly 2%, listed at $4,968/ton and $4,897/ton, respectively.
Similarly, the New York Arabica coffee market recorded a big change. The March 2025 and May 2025 delivery periods were at 318.65 cents/lb and 314.90 cents/lb, down 2.51% and 2.24%, respectively.
The sharp drop after a sudden surge was attributed to heavy rains in Brazil, which eased concerns about supply shortages, causing coffee prices to fall further. Not only Arabica coffee was affected, Robusta coffee was also negatively affected.
Vietnam’s coffee industry is also facing many challenges as climate change and the El Nino phenomenon have caused severe drought in key growing areas, greatly affecting the productivity and quality of coffee beans. Many farmers are also gradually shifting to growing higher value crops such as durian and avocado, contributing to the reduction of coffee growing areas.
