World coffee prices increased slightly
Robusta coffee prices on the London floor updated at 3:00 p.m. on January 8, 2025 recovered for the second consecutive session from 19 - 35 USD/ton, fluctuating between 4,749 - 5,019 USD/ton. Specifically, the delivery period for March 2025 is 5,019 USD/ton (up 35 USD/ton); the delivery period for May 2025 is 4,930 USD/ton (up 30 USD/ton); the delivery period for July 2025 is 4,839 USD/ton (up 23 USD/ton) and the delivery period for September 2025 is 4,749 USD/ton (up 19 USD/ton).
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| Ms. Nguyen Cam Thao - Director of Seed Coffee Company Limited directly performs the coffee roasting and grinding process. Photo: Le Son |
Similarly, the price of Arabica coffee on the New York floor in the early afternoon of January 8, 2025, also increased slightly from 1.80 - 2.05 cents/lb, ranging from 306.10 - 320.50 cents/lb. Specifically, the delivery period for March 2025 is 320.50 cents/lb (up 1.90 cents/lb); the delivery period for May 2025 is 317.30 cents/lb (up 1.80 cents/lb); the delivery period for July 2025 is 312.40 cents/lb (up 2 cents/lb) and the delivery period for September 2025 is 306.10 cents/lb (up 2.05 cents/lb).
At the end of the trading session, the price of Brazilian Arabica coffee on the afternoon of January 8, 2025 was updated as follows: Compared to the previous trading session, there was an increase of 0.40 - 4.95 USD/ton, ranging from 377.80 - 402.25 USD/ton. Specifically, the delivery period for March 2025 is 402.25 USD/ton (up 0.40 USD/ton); the delivery period for May 2025 is 390.00 USD/ton (up 4.95 USD/ton); the delivery period for July 2025 is 388.80 USD/ton (up 2.65 USD/ton); the delivery period for September 2025 is 377.80 USD/ton (up 3.25 USD/ton).
Domestic coffee prices increased for the third consecutive session.
According to information from Giacaphe.com, at 3:30 p.m. today, January 8, 2025, domestic coffee prices increased for the third consecutive session of the week, maintaining an average of 121,300 VND/kg, an increase of +400 VND/kg.
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| Finished coffee of Seed Coffee Company Limited. Photo: Le Son |
The highest coffee purchase price in key regions of the Central Highlands was recorded at 121,500 VND/kg. Specifically, today's coffee price in Dak Lak is 121,300 VND/kg, up +300 VND/kg; coffee price in Lam Dong is 120,500 VND/kg, up +200 VND/kg; coffee price in Gia Lai is 121,200 VND/kg, up +400 VND/kg and coffee price in Dak Nong today is 121,500 VND/kg, up +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 1/9/202 5
The coffee market is currently experiencing significant volatility, with many factors affecting prices. According to forecasts, coffee prices may increase sharply in 2025 due to adverse weather conditions affecting production in major producing countries such as Brazil and Vietnam. Specifically, coffee prices may increase by 20-25% in 2025.
In Vietnam, unseasonal rains have affected the coffee harvest and quality, leading to reduced supply and higher prices. Domestic coffee prices have increased sharply, with Robusta prices ranging from VND121,300/kg to VND122,200/kg, depending on the region.
In the world market, the price of Robusta coffee futures for March 2025 on the London exchange was recorded to have increased to 5,019 USD/ton last night, while the price of Arabica coffee on the New York exchange also recorded a significant increase.
With the current fluctuations, according to experts, coffee prices on January 9, 2025 will continue to remain high, reflecting the affected supply and increased market demand.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-912025-giu-vung-da-tang-368595.html
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