Coffee prices today 5/5/2025: Slight decrease across the board

Today's domestic coffee price, May 5, is at 129,000 - 130,000 VND/kg. Coffee prices have not changed compared to yesterday. Coffee prices fell across the board last week due to the new 10% base tax imposed by the White House, which increased raw material costs.

Domestic coffee prices today

Domestic coffee prices today, May 5, 2025, in the Central Highlands region remained unchanged compared to yesterday, fluctuating between 129,000 - 130,000 VND/kg.

Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 130,000 VND/kg. No change compared to yesterday.

Similarly, coffee prices in Dak Lak province are at 130,000 VND/kg, unchanged from yesterday.

Coffee prices in Gia Lai province remained unchanged and were traded at VND129,700/kg.

In Lam Dong province, coffee prices remained unchanged at VND129,000/kg.

At the end of last week, coffee prices in the Central Highlands region decreased by 700 to 1,000 VND/kg compared to the previous week. Lam Dong was the locality with the sharpest decrease of 1,000 VND/kg. In addition, coffee prices in Gia Lai province decreased by 800 VND/kg. In Dak Lak and Dak Nong, a decrease of 700 VND/kg was recorded compared to the previous week.

Over the past week, expert Nguyen Quang Binh said that the coffee market has been fluctuating according to the US economic situation. The increase in the value of the US dollar and the inventory of coffee on the trading floor have also contributed to slowing down the recovery of world coffee prices.

According to experts, domestic coffee prices are likely to continue to increase or at least remain high if the drought persists and supply does not improve. However, the market remains sensitive to weather-related information as well as intervention from major importers.

World coffee prices today

On the London Stock Exchange, the online price of robusta coffee for July 2025 delivery closed last week at $5,291/ton, down 2.3% ($124/ton) from the previous week; the September 2025 delivery contract fell 2.5% ($132/ton) to $5,231/ton.

Similarly, on the New York Stock Exchange, the price of Arabica coffee for July 2025 delivery decreased by 3.6% (14.5 US cents/pound) compared to the previous week, reaching 385.4 US cents/pound; the September 2025 futures contract decreased by 3.5% (13.9 US cents/pound), to 378.7 US cents/pound.

Coffee prices fell sharply last week after the US consumer confidence index hit its lowest level in nearly five years in April, indicating that US consumers are worried about the economic outlook and tend to cut back on spending on non-essential items, including coffee.

Analysts say the new 10% basic tax imposed by the White House is one of the main reasons for the drop in coffee prices. The new tax not only increases the cost of imported raw materials but also affects purchasing power in the US, the world's second largest coffee consuming market after the European Union.

Major corporations such as Starbucks, Hershey and Mondelez International have warned that the new tariffs will push up prices and put downward pressure on sales. In response, the National Coffee Association (NCA) has proposed exempting imported green coffee from the tariffs. The NCA’s executive director said the Trump administration has welcomed the proposal, but it is unclear whether a decision will be made.

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Source: https://baonghean.vn/gia-ca-phe-hom-nay-5-5-2025-dong-loat-giam-nhe-10296536.html