World coffee price situation
Coffee price today January 17, 2025 on the world market, at 4:30 am updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching world exchanges, the only channel in Vietnam that continuously updates and links to world exchanges).
Tourists experience coffee harvesting in Lam Dong |
Coffee prices on the London floor, at 4:30 a.m. on January 17, 2025, Robusta coffee prices reversed and decreased, recorded as follows: March 2025 delivery price was 4,889 USD/ton, May 2025 delivery price was 4,846 USD/ton, July 2025 delivery price was 4,775 USD/ton and September 2025 delivery price was 4,689 USD/ton.
Similarly, the price of Arabica coffee in New York on January 17, 2025 also tended to decrease. Specifically, the delivery period in March 2025 was 327.15 cents/lb, the delivery period in May 2025 was 323.15 cents/lb, the delivery period in July 2025 was 316.55 cents/lb and the delivery period in September 2025 was 307.95 cents/lb.
The price of Brazilian Arabica coffee fluctuates depending on the delivery period, recorded at 406.20 USD/ton for March 2025 delivery, 400.00 USD/ton for May 2025 delivery, 394.35 USD/ton for July 2025 and 381.70 USD/ton for September 2025.
Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 16:00 and closes at 00:30 (next day) Vietnam time. Arabica coffee traded on the ICE Futures US (New York exchange) opens at 16:15 and closes at 01:30 (next day) Vietnam time. For Arabica coffee traded on the B3 Brazil exchange, it will open from 19:00 – 02:35 (next day) Vietnam time.
Domestic coffee prices rise again
According to information from Giacaphe.com, at 4:30 a.m. today, January 17, 2025, domestic coffee prices stabilized at an average of 116,100 VND/kg.
The highest coffee purchase price in the key regions of the Central Highlands was recorded at 114,500 VND/kg. Specifically, today's coffee price in Dak Lak is 116,000 VND/kg, in Lam Dong is 115,600 VND/kg, in Gia Lai is 116,000 VND/kg and in Dak Nong today is 116,300 VND/kg.
Coffee price forecast January 18, 2025
According to the forecast, domestic coffee prices on January 18, 2025 will continue to increase, the increase is from 800-1000 VND/kg, domestic coffee prices on January 18, 2025 are forecasted to have an average of 117,000 VND/kg.
Coffee is harvested and prepared for roasting in Da Lat city, Lam Dong province. |
In 2024, world coffee prices continued to set new records, mainly due to concerns about supply shortages from major exporting countries such as Vietnam and Brazil due to unfavorable weather.
The Import-Export Department - Ministry of Industry and Trade forecasts that in 2025, Vietnam's coffee exports will continue to grow as supply increases and consumer demand from countries around the world increases.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-1812025-tang-1000-dongkg-370017.html
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