Coffee price forecast for tomorrow, February 8, 2025: Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee.
World coffee price update
On the London exchange, at 4:00 PM on February 7, 2025, Robusta coffee prices recorded mixed trading sessions. Specifically, the price for March 2025 delivery was 5633 USD/ton (down 10 USD/ton), the price for May 2025 delivery was 5646 USD/ton (up 0 USD/ton), the price for July 2025 delivery was 5601 USD/ton (up 21 USD/ton), and the price for September 2025 delivery was 5535 USD/ton (up 47 USD/ton).
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| People in Lam Ha district, Lam Dong province, harvest ripe coffee beans. Photo: Cam Thao |
At the close of trading, Arabica coffee prices on the New York exchange continued their upward trend for the 11th consecutive session, rising by 6.20 – 8.55 cents/lb, fluctuating between 378.80 – 403.95 cents/lb. Specifically, the March 2025 contract was 403.95 cents/lb (up 6.20 cents/lb), the May 2025 contract was 397.10 cents/lb (up 6.45 cents/lb), the July 2025 contract was 388.75 cents/lb (up 7.35 cents/lb), and the September 2025 contract was 378.80 cents/lb (up 8.55 cents/lb).
Similarly, at the close of trading, Brazilian Arabica coffee prices continued their upward trend, recorded as follows: March 2025 delivery at $496.05/ton (up $0.85/ton), May 2025 delivery at $491.00/ton (up $7.35/ton), and July 2025 delivery at $489.75/ton (up $9.70/ton). However, September 2025 delivery saw a slight decrease to $469.50/ton (down $1/ton).
Domestic coffee prices have remained almost unchanged .
According to information from Giacaphe.com, at 4:00 PM today, February 7, 2025, domestic coffee prices have reversed course and started to rise again compared to yesterday, averaging 130,500 VND/kg, an increase of 100 VND/kg.
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| Roasted and ground coffee products are certified as Vietnam's Golden Agricultural Brand in 2024. Photo: Cam Thao |
The highest coffee purchase price in the key growing regions of the Central Highlands was recorded at 130,500 VND/kg, the same as yesterday. Specifically, today's coffee price in Dak Lak is 130,500 VND/kg (up 100 VND/kg), in Lam Dong it is 129,500 VND/kg (up 0 VND/kg), in Gia Lai it is 130,500 VND/kg (up 100 VND/kg), and in Dak Nong it is 130,500 VND/kg (up 100 VND/kg). Thus, three provinces, Dak Lak, Gia Lai, and Dak Nong, have the same purchase price of 130,500 VND/kg.
The domestic coffee prices listed daily by Giacaphe.com are calculated based on prices from two global coffee exchanges, combined with continuous surveys from businesses and purchasing agents in key coffee-growing regions across the country.
Coffee price forecast for tomorrow , February 8 , 2025
Robusta coffee prices are currently under pressure due to increased exports from Vietnam. According to data from the General Statistics Office, in January 2025, Vietnam exported 134,000 tons of coffee, a 5% increase compared to the previous month, although trade was slightly affected by the Lunar New Year holiday.
Meanwhile, Arabica coffee prices continue to reach new highs. Arabica futures contracts in New York have surpassed the $4/pound mark, setting a historical price record after 11 consecutive trading sessions. This price increase is mainly due to continuous buying by speculators amidst limited supply.
However, the market is also facing challenges. Some traders note that many investors are experiencing financial difficulties due to misplaced bets in the market. In addition, there are concerns that US President Donald Trump may impose trade tariffs on major coffee-producing countries in South America.
This sharp price increase has impacted the retail coffee market. Roasters in Brazil are concerned that the current situation could lead some companies to supply lower-quality domestic coffee to attract financially struggling consumers.
Arabica prices were also supported by the Brazilian Real rising to its highest level in two and a half months against the US dollar, reducing selling pressure from Brazilian coffee exporters.
In contrast, domestically, the coffee market today (February 7th) remained almost unchanged, increasing by an average of only 100 VND/kg compared to yesterday. Forecasting for tomorrow (February 8th), experts believe that domestic coffee prices are unlikely to hold at today's level of 130,500 VND/kg and may decrease by more than 1,000 VND/kg.
Source: https://congthuong.vn/du-bao-gia-ca-phe-trong-nuoc-ngay-822025-quay-dau-giam-372760.html
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