Coffee price forecast for tomorrow, January 3, 2025: Little fluctuation

World coffee price situation

The price of Robusta coffee on the London floor updated at 3:30 p.m. on January 2, 2025 is fluctuating between 4,641 and 4,875 USD/ton. Specifically, the delivery period for March 2025 is 4,875 USD/ton; the delivery period for May 2025 is 4,805 USD/ton; the delivery period for July 2025 is 4,727 USD/ton; the delivery period for September 2025 increased by 4,641 USD/ton.

After harvesting, people will separate ripe coffee and green coffee. Photo: Hien Mai

Similarly, the price of Arabica coffee on the New York floor in the early afternoon of January 2, 2025, also fluctuated from 302.00 - 319.75 cents/lb. Specifically, the delivery period for March 2025 is 319.75 cents/lb; the delivery period for May 2025 is 314.85 cents/lb; the delivery period for July 2025 is 308.45 cents/lb and the delivery period for September 2025 is 302.00 cents/lb.

Meanwhile, the price of Brazilian Arabica coffee on January 2, 2025 was updated as follows: The range is from 374.35 - 400.00 USD/ton. Specifically, the delivery period in March 2025 is 400.00 USD/ton; the delivery period in May 2025 is 394.95 USD/ton; the delivery period in July 2025 is 388.00 USD/ton and the delivery period in September 2025 is 374.35 USD/ton.

Domestic coffee prices remain stable

According to information from Giacaphe.com, updated coffee prices at 3:30 p.m. today, January 2, 2025, domestic coffee prices are moving sideways, remaining stable at an average of 119,500 VND/kg, up +100 VND/kg compared to the previous trading session.

The highest coffee purchase price in key regions of the Central Highlands is still recorded at 119,500 VND/kg. Specifically, today's coffee price in Dak Lak is 119,500 VND/kg (up +100 VND/kg); the remaining Central Highlands provinces still keep the same price compared to the previous trading session (coffee price in Lam Dong is 118,700 VND/kg; coffee price in Gia Lai is 119,400 VND/kg and coffee price in Dak Nong today is 119,500 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 1/3/202 5

Domestic coffee prices updated on January 2, 2025 ranged from VND118,700 to VND119,500/kg, down from the end of 2024. In the world market, the price of Robusta coffee futures for March 2025 on the London exchange ended 2024 at USD4,875/ton, up 72% year-on-year. Meanwhile, the price of Arabica coffee futures for March 2025 on the New York exchange reached 314.85 cents/lb, up 69% year-on-year.

Thai Chau Da Lat finished coffee. Photo: Nguyen Phuong

Factors such as weather, climate change and supply fluctuations continue to influence coffee prices. The El Nino phenomenon, expected to last until 2025, could impact major producing regions such as Brazil, Colombia and Vietnam, causing droughts that could impact yields and supply.

Global coffee production is forecast to fall by 8.5 million bags in 2025/26, if Brazil produces just 34.4 million bags of Arabica coffee next season. Unseasonal rains in Vietnam also affected the harvest and quality of coffee.

With the above factors, coffee prices on January 3, 2025 may continue to fluctuate. However, as the market is in a holiday period in many countries, transactions may be quiet and prices may not fluctuate much.

Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-312025-it-bien-dong-367569.html