World coffee prices increase simultaneously
Coffee prices on the London floor, updated at 3:30 p.m. on January 16, 2025, Robusta coffee prices reversed and increased again after a period of decline in the first sessions of the week, recorded as follows: March 2025 delivery price is 4,912 USD/ton (up 49 USD/ton), May 2025 delivery price is 4,856 USD/ton (up 60 USD/ton), July 2025 delivery price is 4,780 USD/ton (up 58 USD/ton) and September 2025 is 4,692 USD/ton (up 50 USD/ton).
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| People in Gia Lai harvest coffee for the 2024-2025 crop. Photo: Hien Mai |
Similarly, the price of Arabica coffee in New York in the early afternoon of January 16, 2025 also recorded an upward trend. Specifically, the delivery period in March 2025 was 330.45 cents/lb (up 8.50 cents/lb), the delivery period in May 2025 was 326.05 cents/lb (up 8.05 cents/lb), the delivery period in July 2025 was 319.40 cents/lb (up 7.40 cents/lb) and the delivery period in September 2025 was 311.05 cents/lb (up 6.70 cents/lb).
Brazilian Arabica coffee prices also increased again after two unstable sessions, recorded for March 2025 delivery at 411.80 USD/ton (up 2.20 USD/ton), May 2025 delivery at 405.50 USD/ton (up 10.65 USD/ton), July 2025 delivery at 398.10 USD/ton (up 9.80 USD/ton) and September 2025 delivery at 385.20 USD/ton (up 6.75 USD/ton).
Domestic coffee prices increased sharply
As of 3:30 p.m. today (January 16), domestic coffee prices have increased sharply due to the influence of world coffee prices, with the average price recorded at 116,100 VND/kg, an increase of +1,600 VND/kg compared to yesterday.
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| Coffee products after harvest. Photo: Hien Mai |
Domestic coffee prices are trading at 115,600 - 116,300 VND/kg. Specifically, today's coffee price in Dak Lak is 116,000 VND/kg (up 1,500 VND/kg), coffee price in Lam Dong is 115,600 VND/kg (up 1,600 VND/kg), coffee price in Gia Lai is 116,000 VND/kg (up 1,600 VND/kg) and coffee price in Dak Nong today is 116,300 VND/kg (up 1,800 VND/kg).
The domestic coffee prices that Giacaphe.com lists every day are calculated based on the prices of two world coffee exchanges combined with continuous surveys from businesses and purchasing agents in key coffee growing areas across the country.
Coffee price prediction tomorrow 17/1/202 5
According to the latest forecast from the US Department of Agriculture (USDA), world coffee prices are likely to decline in 2025 due to a recovery in supply. Global coffee production is expected to increase in the 2024-2025 crop year, mainly due to increased production in Vietnam and Indonesia. The market also hopes that Brazil’s coffee production in the 2025-2026 crop year will recover, thanks to improved weather conditions in major growing regions.
However, the coffee market in 2025 is forecast to be dynamic, with a mix of risks and opportunities. Factors such as weather, currency fluctuations, and global supply and demand will play an important role in determining coffee price trends in the coming period. Amidst many potential uncertainties, coffee can still continue to be one of the prominent items in the global commodity market.
Based on market factors, experts predict that coffee prices tomorrow, January 17, 2025, are likely to continue to increase, but the increase will not exceed 1,000 VND/kg.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-1712025-tiep-tuc-tang-369812.html
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