Coffee price forecast for tomorrow, January 19, 2025, will exceed 119,000 VND/kg

World coffee situation

Coffee price today January 18, 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).

Coffee products are produced in Lam Dong province.

Coffee prices on the London floor, at 4:30 a.m. on January 18, 2025, Robusta coffee prices reversed and increased again, with a strong increase in terms, recorded as follows: March 2025 delivery price was 5,006 USD/ton, May 2025 delivery price was 4,962 USD/ton, July 2025 delivery price was 4,881 USD/ton and September 2025 was 4,790 USD/ton.

Similarly, the price of Arabica coffee in New York on January 18, 2025 also tended to increase. Specifically, the delivery period in March 2025 was 328.35 cents/lb, the delivery period in May 2025 was 324.60 cents/lb, the delivery period in July 2025 was 318.25 cents/lb and the delivery period in September 2025 was 309.45 cents/lb.

The price of Brazilian Arabica coffee fluctuates depending on the delivery period, recorded at 406.00 USD/ton for March 2025 delivery, 400.00 USD/ton for May 2025 delivery, 396.60 USD/ton for July 2025 and 380.00 USD/ton for September 2025.

Domestic coffee prices increase again

According to information from Giacaphe.com, at 4:30 a.m. today, January 18, 2025, domestic coffee prices stabilized at an average of 117,000 VND/kg.

The highest coffee purchase price in the key regions of the Central Highlands was recorded at 117,300 VND/kg. Specifically, today's coffee price in Dak Lak is 117,000 VND/kg, in Lam Dong is 116,500 VND/kg, in Gia Lai is 116,800 VND/kg and in Dak Nong today is 117,300 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 forecast on January 19, 2025 will increase sharply

According to forecasts, domestic coffee prices will continue to increase and increase sharply at the end of the week. Specifically, prices are forecast to increase from 2,000 to 2,400 VND/kg. Accordingly, domestic coffee prices are forecast to fall from 118,300 to over 119,000 VND/kg at the end of the week.

Coffee roasting at a coffee production facility in Lam Dong province (Photo: Le Son)

According to experts' forecasts, by the end of the first quarter of 2025, the price of green coffee beans in the Central Highlands and the southern provinces will decrease, fluctuating around 100,000 VND/kg. The main reason is that the supply of coffee from Vietnam will gradually increase from now until early next year and coffee exports from Vietnam will pick up again. Farmers selling more coffee and stable supply will put downward pressure on domestic prices. However, coffee prices may still remain higher than in previous years because output is forecast to still decrease compared to the 2023/24 crop year, but the price decrease is reasonable in the context of more abundant supply. However, in just the third week of the first month of 2025, coffee prices have reached nearly 120,000 VND/kg, showing many positive signs for the development prospects of the domestic coffee market.

Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-1912025-vuot-muc-119000-dongkg-370194.html