Coffee price forecast for tomorrow, January 2, 2025: Reversal to increase

Coffee price forecast tomorrow January 2, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee January 2, 2025.

World coffee price situation

The price of Robusta coffee on the London floor at 3:30 p.m. on January 1, 2025 recorded a sharp decrease of 46-50 USD/ton, fluctuating between 4,641 - 4,875 USD/ton. Specifically, the delivery period for March 2025 is 4,875 USD/ton (down 46 USD/ton); the delivery period for May 2025 is 4,805 USD/ton (down 50 USD/ton); the delivery period for July 2025 is 4,727 USD/ton (down 49 USD/ton); the delivery period for September 2025 increased to 4,641 USD/ton (down 49 USD/ton).

Foreign volunteers select coffee to get the best quality coffee beans. Photo: Hien Mai

Similarly, the price of Arabica coffee on the New York floor on the afternoon of January 1, 2025, decreased slightly, ranging from 302.00 - 319.75 cents/lb. Specifically, the delivery period for March 2025 is 319.75 cents/lb (down 1.25 cents/lb), the delivery period for May 2025 is 314.85 cents/lb (down 2.10 cents/lb); the delivery period for July 2025 is 308.45 cents/lb (down 3.30 cents/lb) and the delivery period for September 2025 is 302.00 cents/lb (down 3.15 cents/lb).

Meanwhile, the price of Brazilian Arabica coffee on the afternoon of January 1, 2025 also decreased slightly, updated as follows: The decrease is from 0.45 - 0.85 USD/ton, ranging from 374.35 - 400.00 USD/ton. Specifically, the delivery period for March 2025 is 400.00 USD/ton (unchanged from yesterday); the delivery period for May 2025 is 394.95 USD/ton (down 0.85 USD/ton); the delivery period for July 2025 is 388.00 USD/ton (unchanged from yesterday) and the delivery period for September 2025 is 374.35 USD/ton (down 0.45 USD/ton).

Domestic coffee prices continue to fall

According to information from Giacaphe.com, updated coffee prices at 3:30 p.m. today, January 1, 2025, domestic coffee prices decreased by an average of 119,400 VND/kg, down -900 VND/kg compared to yesterday's trading session.

Pure coffee beans. Photo: Hien Mai

The highest coffee purchase price in key regions of the Central Highlands was recorded at 119,500 VND/kg. Specifically, today's coffee price in Dak Lak was 119,400 VND/kg, down -900 VND/kg; coffee price in Lam Dong was 118,700 VND/kg, down -1,000 VND/kg; coffee price in Gia Lai today was 119,400 VND/kg, down -900 VND/kg and coffee price in Dak Nong today was 119,500 VND/kg, down -1,000 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.

Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for farmers and coffee purchasing businesses.

Coffee price prediction tomorrow 2/1/202 5

Domestic coffee prices on January 1, 2025 continued to decrease slightly, with an average price of about 119,400 VND/kg, down -900 VND/kg compared to the previous day, which proves that the market signal is also very weak. The highest price recorded in Dak Nong was 119,500 VND/kg and the lowest in Lam Dong was 118,700 VND/kg.

January 1 is the New Year holiday, trading activities may be suspended, leading to little price fluctuation. If factors such as exchange rates, output and market demand do not change significantly, in addition, the coffee market has continuously decreased in price in recent days. To create a rebound for the market after the New Year holiday, it is very likely that coffee prices on January 2, 2025 may remain at the same level or may increase slightly by 200 - 400 VND/kg.

Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-212025-quay-dau-tang-367375.html