Coffee price today December 12: Domestic price continues to increase, world price decreases

World coffee prices

Early morning of December 12 (Vietnam time), on the London floor, the price of Robusta coffee for January 2025 delivery was at 5,161 USD/ton, down 107 USD/ton compared to early morning yesterday. The price for March 2025 delivery decreased by 131 USD/ton, trading at 5,101 USD/ton.

Arabica coffee futures for March 2025 delivery on the New York Stock Exchange traded at 320 cents/lb, down 14 cents/lb from yesterday's trading level. Futures for May 2025 delivery fell 14 cents/lb, trading at 317 cents/lb.

Coffee prices fluctuated in different directions today. (Illustration photo)

Domestic coffee prices

Domestic coffee prices today recorded a simultaneous increase in all localities, trading at 124,000 - 124,900 VND/kg.

Specifically, today's coffee price in Dak Lak is trading at 124,700 VND/kg, an increase of 700 VND/kg compared to yesterday's trading session.

In Lam Dong , today's coffee price is purchased at 124,000 VND/kg, an increase of 500 VND/kg compared to 1 day ago.

Today's coffee price in Gia Lai is trading at 124,700 VND/kg, up 700 VND/kg compared to the previous trading session.

In Dak Nong, coffee prices today recorded an increase of 900 VND/kg, trading at 124,900 VND/kg.

Volcafe lowered its forecast for Brazil's 2025-26 Arabica coffee production to 34.4 million bags, down about 11 million bags from its September estimate, after field surveys revealed the severity of the prolonged drought.

At the same time, Volcafe forecasts a global Arabica coffee deficit of 8.5 million bags in 2025-2026, higher than the 5.5 million bag deficit in 2024-2025 and the fifth consecutive year of deficit.

Concerns about Brazil’s 2025-26 coffee supply outlook continue to mount as rainfall remains below historical averages. Somar Meteorologia reported that Minas Gerais, Brazil’s largest Arabica coffee-growing state, received just 60.9 mm of rain last week, or 91% of the historical average.

However, Brazil and other major producing countries continue to boost coffee exports after the 2024-2025 harvest, contributing to supplementing short-term market supply and putting pressure on prices.

The Brazilian Coffee Exporters Association (CECAFE) announced that in November, this South American country exported 4.66 million 60-kg bags of coffee, up 5.4% compared to the same month in 2023. In the 11 months, Brazil's coffee exports reached a record of nearly 46.4 million bags, exceeding 3.78% compared to the highest level recorded in 2020 and increasing 32.2% compared to the same period in 2023.

Previously, the Brazilian Government announced that in November, the country exported more than 285,000 tons of green coffee, an increase of 21.6% over the same period in 2023.

In addition, the US Department of Agriculture (USDA) forecasts Vietnam's coffee output in the 2024-2025 crop year to reach 30.1 million 60-kg bags, an increase of 1.1 million bags compared to the forecast of the US-based USDA and 2.6 million bags higher than the 2023-2024 crop year.

The increased output translates into an expected export of 26.9 million bags, up 380,000 bags from USDA's initial forecast and 2.52 million bags higher than the 2023-24 crop.

Thanh Lam

Source: https://vtcnews.vn/gia-ca-phe-hom-nay-12-12-trong-nuoc-tiep-da-tang-the-gioi-giam-ar913075.html