Global coffee exports reached 10.7 million bags in December 2024, down 12.4% compared to the same period in 2023. In the first three months of the 2024-25 crop year (October to December 2024), global coffee exports decreased by 0.8% compared to the previous crop year, down to 32.2 million bags, according to the ICO report.
Coffee price today 2/14/2025
World coffee prices fluctuated in opposite directions. Arabica coffee prices continued to increase while robusta prices turned to decrease. Despite forecasts of a sharp downward adjustment, coffee continued to increase on the New York floor, bringing Arabica coffee prices to consecutive records in more than half a century.
Domestic coffee prices today, February 14, are trading in the range of 131,600 - 132,600 VND/kg.
Coffee prices have been rising steadily over the past period, supported by many factors. Of which, the three main factors expected to shape the coffee market in 2025 include: weather, supply - demand and macro fluctuations. In 2025, the La Niña phenomenon is forecast to replace El Niño, bringing necessary rains but also potential frost risks in Brazil. Supply and demand continue to be factors keeping prices high. Strong demand from major import markets such as the EU, the US and the rise of emerging markets such as China will be important factors helping coffee prices increase.
The International Coffee Price Index (I-CIP) averaged 310.1 US cents/lb in January 2025, up 3.5% from the previous month and up 75.8% from the same period in 2023. This is also the highest price recorded in the past 50 years, since April 1977.
Coffee prices have been rising over the past month, supported by several factors, according to the International Coffee Organization (ICO): High domestic prices and continued increases in Brazil, the world's largest coffee exporter. Between January 20 and 31, prices for Arabica and Robusta coffee in Brazil increased by 15.2% and 6.2%, respectively. On January 24, Brazil's National Supply Company (CONAB) cut its estimate of the country's 2024-2025 coffee production by 600,000 bags.
December 2024 saw coffee exports from Asia and Oceania fall 31.2% year-on-year to 3.3 million bags, largely due to a 39.5% drop in Vietnam’s exports to 2.1 million bags – the lowest December figure since 2014. The double-digit decline in Vietnam’s exports could be attributed to tight domestic supplies, despite the 2024-25 harvest having begun in October.
According to the ICO, there is typically a four-month lag between the start of harvest and the arrival of coffee in importing countries, meaning the potential for increased exports may not be realized until at least February 2025 trade data.
Coffee prices are also being impacted by growing uncertainty in the global economy . The new US administration’s international trade policies could impact the global coffee industry, with major producing countries such as Brazil, India and Indonesia under scrutiny.
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| Domestic coffee prices on February 13 increased sharply by 2,000 - 2,200 VND/kg in some key purchasing localities. (source: Kitco) |
According to World & Vietnam , at the end of the trading session on February 13, the price of robusta coffee on the ICE Futures Europe London for delivery in March 2025 decreased by 23 USD, trading at 5,794 USD/ton. The delivery in May 2025 decreased by 33 USD, trading at 5,788 USD/ton. Trading volume was low.
Arabica coffee prices on the ICE Futures US New York exchange, delivery term March 2025 continued to increase sharply by 7.1 cents, trading at 438.9 cents/lb. Meanwhile, delivery term May 2025 increased by 4.9 cents, trading at 425.1 cents/lb. Trading volume was high.
Domestic coffee prices on February 13 increased sharply by 2,000 - 2,200 VND/kg in some key purchasing localities. Unit: VND/kg
(Source: giacaphe.com) |
Buon Ma Thuot City People's Committee has just issued a Plan to implement free coffee drinking activities at the 9th Buon Ma Thuot Coffee Festival in 2025.
Accordingly, the City requested to implement the Free Coffee activity at many locations during the 5 days of the Festival (March 9 to March 13): Agricultural Products and OCOP Products Fair of Buon Ma Thuot City (Ton Duc Thang Street, Tan Loi Ward, Buon Ma Thuot City); Buon Ma Thuot Coffee Book Street (No. 2, Phan Chu Trinh Street, Thanh Cong Ward, Buon Ma Thuot City) and 10-3 Square.
In particular, the city will implement the Free Coffee activity throughout the city for at least 1 day (March 10).
Organize a free coffee service program and cultural programs introducing the cultural identity of the Central Highlands on Phan Dinh Giot Street for 5 days (March 9 to March 13).
Source: https://baoquocte.vn/gia-ca-phe-hom-nay-1422025-gia-ca-phe-arabica-tang-khong-diem-dung-gia-cao-nhat-50-nam-buon-ma-thuot-moi-uong-ca-phe-mien-phi-tren-toan-thanh-pho-304207.html
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