Today's coffee prices on the world market, November 27, 2024, at 4:30 AM, were 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). The online coffee prices for today from the three main futures exchanges, ICE Futures Europe, ICE Futures US, and B3 Brazil, have been continuously updated by Y5 Cafe throughout the trading hours of the exchanges, as follows:
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| Robusta coffee prices in London on November 27, 2024 |
At the close of trading, Robusta coffee prices on the London exchange at 4:30 AM on November 27, 2024, continued their upward trend, rising by $65-$95 per ton, fluctuating between $4,970 and $5,175 per ton. Specifically, the January 2025 delivery contract was $5,175 per ton (up $65 per ton); the March 2025 delivery contract was $5,114 per ton (up $78 per ton); the May 2025 delivery contract was $5,051 per ton (up $88 per ton); and the July 2025 delivery contract was $4,970 per ton (up $95 per ton).
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| New York Arabica coffee prices on November 27, 2024 |
Similar to the London exchange, Arabica coffee prices on the New York exchange on the morning of November 27, 2024, also continued to rise compared to the previous trading session, increasing by 44.05 – 5.40 cents/lb, fluctuating between 295.75 – 308.85 cents/lb. Specifically, the March 2025 delivery contract was 308.85 cents/lb (up 4.05 cents/lb); the May 2025 contract was 306.30 cents/lb (up 4.05 cents/lb); the July 2025 contract was 301.10 cents/lb (up 4.80 cents/lb); and the September 2025 contract was 295.75 cents/lb (up 5.40 cents/lb).
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| Brazilian Arabica coffee prices on November 27, 2024 |
At the close of trading on the morning of November 27, 2024, Brazilian Arabica coffee prices increased across several contract periods compared to November 26, rising by $6.35 to $6.70. Specifically, the December 2024 contract was $392.60/ton (up $6.70/ton); the March 2025 contract was $386.20/ton (down $1.15/ton); the May 2025 contract was $381.00/ton (up $5.35/ton); and the July 2025 contract was $373.95/ton (up $6.35/ton).
Robusta coffee traded on the ICE Futures Europe exchange (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 exchange (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.
Domestic coffee prices , updated at 4:30 AM on November 27, 2024, continued their upward trend compared to the previous trading session, with a sharp increase of approximately 1,700 VND/kg. Currently, the average coffee purchase price in the Central Highlands provinces is 121,700 VND/kg.
Specifically, the purchase price of coffee in Gia Lai province is 121,600 VND/kg; the highest purchase price for coffee in Dak Nong and Dak Lak provinces is also 121,600 VND/kg.
In Lam Dong province, in districts such as Bao Loc, Di Linh, and Lam Ha, the price of bulk green coffee beans (green coffee beans, fresh coffee beans) is 121,000 VND/kg.
Today's coffee prices (November 27th) in Dak Lak province are as follows: in M'gar district, coffee is being purchased at 121,600 VND/kg, while in Ea H'leo district and Buon Ho market, it is being purchased at 121,500 VND/kg.
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| Domestic coffee prices on November 27, 2024 |
The robusta coffee market is also under significant pressure due to scarce supply. Vietnam – the world's largest robusta producer – recorded a 11.6% decrease in exports in October compared to the previous month and an 11.1% decrease compared to the same period last year. Heavy rains in coffee-growing regions have delayed harvesting, while robusta production for the 2023/24 crop year has fallen by 20%, to its lowest level in four years. This has driven robusta prices higher on the world market.
Forecasts for the 2024-2025 crop year indicate global coffee production is estimated at 169.5 million bags, lower than consumption demand of 171 million bags. In Vietnam, supply is facing many challenges. The La Nina phenomenon may appear at the end of the year, affecting the harvest. Notably, farmers are not in a hurry to sell due to stable income from durian and pepper.
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