World coffee price update - market plummets.
Today's coffee price on May 2nd, 2025, on the world market, at 4:30 AM, updated on the Vietnam Commodity Exchange (MXV) (world coffee prices are continuously updated by MXV, matching those of exchanges worldwide; it is the only channel in Vietnam that continuously updates prices linked to exchanges around the world).
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| People in Dak Lak province harvest coffee. |
Coffee prices on the three main coffee futures exchanges, ICE Futures Europe, ICE Futures US, and B3 Brazil, are continuously updated by Y5Cafe throughout the trading hours and are as follows:
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| Robusta coffee prices in London on May 2, 2025 |
On the London exchange, at 4:30 PM on May 2nd, 2025, Robusta coffee prices unexpectedly plummeted, falling sharply by $220-$243 per ton compared to the previous day's trading session, fluctuating between $4,923 and $5,382 per ton. Specifically, the price for July 2025 delivery was $5,126 per ton; the price for September 2025 delivery was $5,081 per ton; the price for November 2025 delivery was $5,021 per ton; and the price for January 2026 delivery was $4,935 per ton.
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| Arabica coffee prices on the New York exchange on May 2, 2025 |
Similarly, Arabica coffee prices on the New York exchange reversed sharply early on May 2nd, falling by 14.95 - 16.10 cents/lb compared to yesterday, fluctuating between 361.00 - 399.40 cents/lb. Specifically, the July 2025 delivery contract was 384.65 cents/lb; the September 2025 delivery contract was 377.50 cents/lb; the December 2025 delivery contract was 368.65 cents/lb; and the March 2026 delivery contract was 362.00 cents/lb.
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| Brazilian Arabica coffee prices on May 2, 2025 |
At the close of trading, Brazilian Arabica coffee prices fluctuated across delivery periods, ranging from $467.00 to $521.90 per ton. Specifically, the recorded prices were: $517.90 per ton for May 2025 delivery; $505.70 per ton for July 2025 delivery; $480.95 per ton for September 2025 delivery; and $469.95 per ton for December 2025 delivery.
Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 4:00 PM and closes at 12:30 AM (the next day) Vietnam time. Arabica coffee traded on the ICE Futures US (New York exchange) opens at 4:15 PM and closes at 1:30 AM (the next day) Vietnam time. Arabica coffee traded on the B3 Brazil exchange opens from 7:00 PM to 2:35 AM (the next day) Vietnam time.
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| The coffee trees in Dak Lak province are laden with ripe, beautiful fruit. |
Domestic coffee prices - slightly increased.
According to information from Giacaphe.com, updated at 4:30 AM today, May 2nd, 2025, coffee prices in the Central Highlands provinces have slightly increased again, rising by 300-400 VND/kg compared to yesterday's trading session. The current average purchase price is 131,100 VND/kg.
Specifically, today's coffee prices in Dak Lak are 131,200 VND/kg, in Lam Dong 130,600 VND/kg, in Gia Lai 131,000 VND/kg, and in Dak Nong 131,200 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.
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| Domestic coffee price list updated on the morning of May 2nd, 2025. |
The domestic coffee market is currently stable due to the April 30th - May 1st holiday, so coffee prices are unlikely to fluctuate significantly this week.
However, according to experts, the coffee market is currently being affected by several factors. These include a projected decrease in production, unfavorable weather conditions, and the tendency to hoard goods in anticipation of higher prices, all of which will support coffee prices in the short term. Nevertheless, farmers and businesses need to be cautious and flexible in their business strategies to capitalize on opportunities and minimize risks.
According to the Vietnam Coffee and Cocoa Association, in the first six months of the 2024-2025 crop season, Vietnam exported approximately 700,000 tons of coffee, equivalent to 50% of the total production. Of this amount, farmers currently only hold about 20% of the stock, with the remainder mainly stored in company warehouses awaiting export.
Since the beginning of the season, domestic coffee prices have consistently remained above 110,000 VND/kg. Unlike previous years, when prices fell below 40,000 VND/kg, forcing farmers to sell off their crops, they now have stronger financial resources thanks to good income from coffee, durian, pepper, and betel nuts. As a result, they are proactively selling off their produce in stages to maintain stable agricultural prices.
The global coffee market continues to face the risk of supply shortages, especially for Robusta coffee, Vietnam's main export commodity. This scarcity has been the main driving force behind the sustained high prices of Robusta coffee both domestically and internationally since last year.
According to a report from the U.S. Department of Agriculture (USDA), global coffee production in 2024 is expected to increase by approximately 4% compared to last year, reaching 10.5 million tons. This result is attributed to more favorable weather conditions and advancements in farming techniques in many countries.
Source: https://congthuong.vn/gia-ca-phe-hom-nay-252025-trong-nuoc-trai-chieu-the-gioi-385716.html
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