World coffee prices fall sharply
Update on world coffee prices at 3:00 p.m. on January 4, 2025, Robusta coffee prices on the London floor had a very deep price drop after just one day of shocking price increases, the decrease was from 75 - 88 USD/ton, fluctuating from 4727 - 4968 USD/ton. Specifically, the delivery period for March 2025 is 4968 USD/ton (down 88 USD/ton); the delivery period for May 2025 is 4897 USD/ton (down 80 USD/ton); the delivery period for July 2025 is 4817 USD/ton (down 75 USD/ton); the delivery period for September 2025 increased by 4727 USD/ton (down 77 USD/ton).
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| Finished coffee products of Cau Dat Bean Da Lat Company Limited. Photo: Xuan Thang |
Similarly, the price of Arabica coffee on the New York floor on the afternoon of January 4, 2025, also had a sharp decrease from 7.05 - 8.20 cents/lb, fluctuating from 302.20 - 318.65 cents/lb. Specifically, the delivery period for March 2025 is 318.65 cents/lb (down 8.20 cents/lb), the delivery period for May 2025 is 314.90 cents/lb (down 7.20 cents/lb); the delivery period for July 2025 is 309.10 cents/lb (down 7.05 cents/lb) and the delivery period for September 2025 is 302.20 cents/lb (down 7.60 cents/lb).
The price of Brazilian Arabica coffee on the afternoon of January 4, 2025 also decreased quite sharply, updated as follows: The decrease is from 5.20 - 9.35 USD/ton, ranging from 373.80 - 401.65 USD/ton. Specifically, the delivery period in March 2025 is 401.65 USD/ton (down 7.35 USD/ton); the delivery period in May 2025 is 396.55 USD/ton (down 5.20 USD/ton); the delivery period in July 2025 is 384.45 USD/ton (down 9.35 USD/ton); the delivery period in September 2025 is 373.80 USD/ton (down 6.70 USD/ton).
Domestic coffee prices fall sharply after a session of soaring prices
According to information from Giacaphe.com, updated coffee prices at 3:30 p.m. today, January 4, 2025, domestic coffee prices suddenly dropped sharply after only one session of skyrocketing prices, averaging at 120,300 VND/kg, down -1,700 VND/kg.
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| Coffee laden with fruit in the coffee garden of Da Lat people. Photo: Xuan Thang |
In the Central Highlands provinces, Lam Dong is still the province with the lowest coffee purchase price of 119,800 VND/kg, down -1,500 VND/kg compared to yesterday, while Dak Nong is still the locality with the highest coffee purchase price of 120,500 VND/kg, down -1,700 VND/kg. Then, Dak Lak province has the price of 120,300 VND/kg, down -1,700 VND/kg and Gia Lai has the price of 120,200 VND/kg, down -1,700 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 5/1/202 5
The global and Vietnamese coffee markets are experiencing unpredictable fluctuations, directly affecting prices. After just one day of shocking price increases, the next day coffee prices suddenly dropped sharply in both the world and Vietnamese markets.
Based on current supply and demand factors and recent unexpected price increases and decreases, experts predict that coffee prices may remain flat or continue to decrease slightly tomorrow, January 5, 2025. However, the coffee market is often volatile due to the influence of weather, economic conditions and other factors, so it is difficult to make absolutely accurate predictions.
Source: https://congthuong.vn/du-bao-gia-ca-phe-trong-nuoc-ngay-mai-512025-on-dinh-367893.html
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