As of 11:30 a.m. today (February 6), the domestic coffee market continued to increase strongly, increasing by an average of VND1,400/kg per session, with the current purchase price fluctuating between VND129,500 - VND130,500/kg. The average coffee purchase price in the Central Highlands provinces today is VND130,400/kg.
Lam Dong is still the province with the lowest coffee purchasing price in the Central Highlands, with a difference of about VND900/kg compared to the average price. Compared to the previous closing price, coffee prices in this region continued to skyrocket, up to VND1,200/kg, reaching the market price of VND129,500/kg.
Purchasing higher than Lam Dong, coffee prices in Dak Lak and Gia Lai provinces today are listed at 130,400 VND/kg, an increase of 1,400 VND/kg.
Dak Nong is still the province with the highest coffee purchasing price in the country, currently at 130,500 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 rise. The contract for delivery in March 2025 increased by 1.53% (equivalent to 85 USD/ton), standing at 5,643 USD/ton. The contract for delivery in May 2025 also increased by nearly 2% (equivalent to 298 USD/ton), listed at 5,646 USD/ton.
Similarly, the New York Arabica coffee market was also pushed up. The March 2025 and May 2025 delivery periods were anchored at 397.75 cents/lb and 390.65 cents/lb, respectively, up more than 3%.
Supply concerns in the world’s two largest coffee producing countries, Brazil and Vietnam, have pushed coffee prices to record highs. Brazil’s coffee exports hit a record high early in the season, making current availability even more limited.
Meanwhile, freight rates are also one of the reasons for the increase in global coffee prices. Severe port congestion in Brazil has caused logistical difficulties at export ports. Many coffee farmers in Brazil are delaying sales in the expectation of higher prices.
