Update on world coffee prices on April 23 - the market is rising again.
On the London floor, updated at 4:20 p.m. on April 23, 2025, the end of the trading session, Robusta coffee prices increased again compared to yesterday's decreasing trading session, an increase of 66 - 75 USD/ton, fluctuating from 5,140 - 5,304 USD/ton. Specifically, the delivery price for May 2025 is 5,304 USD/ton; the delivery price for July 2025 is 5,323 USD/ton; the delivery price for September 2025 is 5,269 USD/ton and the delivery price for November 2025 is 5,198 USD/ton.
Farmers are happy with coffee when it's harvest season. Photo: Cam Thao |
Similarly, the price of Arabica coffee on the New York floor on the afternoon of April 23 also increased, increasing from 3 - 5.30 cents/lb compared to yesterday's trading session, fluctuating from 354.45 - 378.45 cents/lb. Specifically, the delivery period in July 2025 is 378.05 cents/lb; the delivery period in September 2025 is 371.10 cents/lb; the delivery period in November 2025 is 362.75 cents/lb and the delivery period in March 2026 is 356.50 cents/lb.
At the end of the trading session, the price of Brazilian Arabica coffee also tended to increase - decrease across delivery terms, fluctuating between 437.90 - 484.50 USD/ton. Recorded as follows: May 2025 delivery period is 484.50 USD/ton; July 2025 delivery period is 468.65 USD/ton; September 2025 delivery period is 459.50 and December 2025 delivery period is 443.55 USD/ton.
Domestic coffee prices - market decreased insignificantly.
According to information from Giacaphe.com, at 4:00 p.m. today, April 23, 2025, coffee prices in the Central Highlands fluctuated slightly downward, but the decrease was not significant compared to yesterday's trading session. Currently, the average purchase price is at 129,300 VND/kg.
Domestic coffee price list updated on the afternoon of April 23, 2025 |
Specifically, today's coffee price in Dak Lak is 129,400 VND/kg, coffee price in Lam Dong is 128,900 VND/kg, coffee price in Gia Lai is 129,300 VND/kg and coffee price in Dak Nong today is 129,400 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 tomorrow April 24, 2025 - market is in turmoil.
According to statistics, on April 23, the world market price of Robusta coffee decreased slightly, while the price of Arabica increased again. Domestic coffee prices also decreased slightly, and coffee prices also adjusted slightly to the level of 128,900 - 129,400 VND/kg.
Latest forecasts show that Brazil's 2025-2026 coffee production is expected to decline by 3% to 6.4% compared to the previous crop year.
Arabica coffee prices have been supported by the US dollar falling to a three-year low, experts say, with pressure mainly coming from the prospect of increased supply in Brazil, where weather conditions are favorable for the upcoming harvest.
At the same time, the sell-off in the stock market also contributed to increased risk sentiment, negatively affecting commodities, including coffee.
Meanwhile, ICE-monitored Arabica coffee inventories rose to a five-week high of 801,549 bags, while Robusta stocks also rose to 4,272 lots, the highest in a week.
Globally, many in the industry are predicting further price volatility in the near term. The fundamental backdrop remains tense and volatility in supply, demand, and speculative activity in the futures market are likely to persist in the short to medium term, at least until the second half of 2025.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-2442025-thi-truong-tang-384538.html
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