Domestic coffee prices forecast for tomorrow, January 4, 2025, will decrease slightly

World coffee prices skyrocket

Update on world coffee prices at 3:30 p.m. on January 3, 2025, at the end of the trading session, Robusta coffee prices on the London floor had an unprecedented record high increase, increasing from 163-181 USD/ton, fluctuating from 4804 - 5056 USD/ton. Specifically, the delivery period for March 2025 is 5056 USD/ton (up 181 USD/ton); the delivery period for May 2025 is 4977 USD/ton (up 172 USD/ton); the delivery period for July 2025 is 4892 USD/ton (up 165 USD/ton); the delivery period for September 2025 increased 4804 USD/ton (up 163 USD/ton).

People in Da Lat City check the dryness of coffee beans. Photo: Minh Hau

Similarly, the price of Arabica coffee on the New York floor on the morning of January 3, 2025, also had a strong increase from 7.10 - 7.80 cents/lb, ranging from 309.80 - 326.85 cents/lb. Specifically, the delivery period for March 2025 is 326.85 cents/lb (up 7.10 cents/lb), the delivery period for May 2025 is 322.10 cents/lb (up 7.25 cents/lb); the delivery period for July 2025 is 316.15 cents/lb (up 7.70 cents/lb) and the delivery period for September 2025 is 309.80 cents/lb (up 7.80 cents/lb).

At the end of the trading session, the price of Brazilian Arabica coffee on the morning of January 3, 2025 mostly increased, updated as follows: The increase ranged from 1.90 - 6.80 USD/ton, ranging from 393.80 - 410.90 USD/ton. Specifically, the delivery period in March 2025 was 410.90 USD/ton (up 1.90 USD/ton); the delivery period in May 2025 was 401.75 USD/ton (up 6.80 USD/ton); the delivery period in July 2025 was 393.80 USD/ton (up 5.80 USD/ton). In particular, the delivery period in September 2025 decreased to 373.00 USD/ton (down 1.35 USD/ton).

Domestic coffee prices suddenly skyrocketed

According to information from Giacaphe.com, updated coffee prices at 3:30 p.m. today, January 3, 2025, domestic coffee prices also suddenly skyrocketed, averaging at 122,000 VND/kg, an increase of +2,600 VND/kg compared to the previous trading session.

The highest coffee purchase price in key regions of the Central Highlands is still recorded at 122,200 VND/kg. Specifically, today's coffee price in Dak Lak is 122,000 VND/kg, up +2,500 VND/kg; coffee price in Lam Dong is 121,300 VND/kg, up +2,600 VND/kg; coffee price in Gia Lai is 121,900 VND/kg, up +2,500 VND/kg and coffee price in Dak Nong today is 122,200 VND/kg, up +2,700 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 1/4/202 5

In the trading session last night, Robusta coffee prices on the London floor suddenly increased, showing that the future coffee price outlook remains high. The main reason for this fluctuation is said to be due to the scarce supply and difficulties in import and export.

People in Gia Lai harvest ripe coffee in the 2024-2025 crop year. Photo: Hien Mai

The rise in coffee prices has benefited the Vietnamese market, where farmers are nearing harvest. This means that Vietnam has ample supply to offer, allowing farmers to take advantage of the current price situation.

On the other hand, Brazil is the leading country in coffee production and export, dominating the market with an overwhelming market share. Each year, Brazil exports about 2.58 million tons of coffee, far exceeding the next two largest export markets, Vietnam and Colombia, with output of 1.63 million tons and 0.77 million tons respectively. The total export output of Vietnam and Colombia is only 2.4 million tons, still lower than that of Brazil.

Currently, Brazil has finished its harvest and will have to wait until May 2025 to start a new crop. Notably, experts predict that the next crop may be difficult, leading to a possible crop failure. Although coffee prices have risen sharply, many experts predict that prices may fall by January 4, 2025, creating a complicated picture for the global coffee market.

In this context, it is important to monitor the development of coffee prices and the supply and demand situation in the market. Investors and farmers need to be prepared to respond to possible fluctuations in the coming time.

Source: https://congthuong.vn/du-bao-gia-ca-phe-trong-nuoc-ngay-mai-412025-giam-nhe-367751.html