Coffee price today 5/23: Strong 3-digit evaporation

At the end of the trading session early this morning, May 23 (Vietnam time), Robusta coffee prices decreased from 95 - 133 USD/ton, equivalent to 1.99% - 2.71%.

Robusta price for July 2025 delivery is the highest, at 4,770 USD/ton, and the January 2026 delivery is the lowest, at 4,690 USD/ton.

Converted to Vietnamese currency, coffee prices on the London floor range from 120,800 - 122,900 VND/kg.

Domestic coffee prices yesterday afternoon before London trading hours were at VND125,200/kg, up VND100/kg compared to the previous session.

Coffee market expert Nguyen Quang Binh said that coffee prices in the domestic market could drop to 120,000 - 122,000 VND/kg due to the world 's downward trend.

Coffee prices have fallen sharply since May.

According to Mr. Binh, factors that cause coffee prices to "feverish" such as erratic weather in Brazil, concerns about crop failure, and the cooling of the US-China trade war have caused coffee prices to cool down.

Furthermore, due to the high coffee prices over the past two years, farmers have increased care and replanting, which may increase coffee production.

On the New York floor - USA, Arabica coffee prices also decreased from 2.12% - 2.51%; the delivery term in July 2025 decreased by 210 USD/ton, to 7,960 USD/ton.

According to the Vietnam Coffee and Cocoa Association (VICOFA), in the first 4 months of the year (from January 1 to May 15), Vietnam exported nearly 734,000 tons of coffee beans alone, with an export turnover of more than 3.95 billion USD, up 1.8% in volume and 69.5% in value over the same period last year.

Thus, if processed coffee is included, coffee exports in the above period have exceeded 4 billion USD.

According to News-Photo: Ngoc Anh (NLDO)

Source: https://baogialai.com.vn/gia-ca-phe-hom-nay-23-5-boc-hoi-manh-3-con-so-post324449.html