Coffee prices today January 10, 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 world exchanges, the only channel in Vietnam that continuously updates and links to world exchanges).
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| Lam Dong people harvest coffee. Photo: Cam Thao |
Coffee prices at the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil are continuously updated by Y5Cafe during the trading hours of the exchange, updated as follows:
Robusta coffee prices increase slightly again
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| Robusta Coffee Price London January 10, 2025 |
On the London floor, Robusta coffee prices were recorded to have slightly increased after a sharp decline at 4:30 a.m. on January 10, 2025. Specifically, the increase ranged from 11 to 23 USD/ton, with the delivery price for March 2025 reaching 4,979 USD/ton (up 23 USD/ton). Other terms also recorded similar increases, with the price for May 2025 being 4,891 USD/ton (up 14 USD/ton), July 2025 being 4,806 USD/ton (up 11 USD/ton) and September 2025 being 4,721 USD/ton (up 12 USD/ton).
Arabica coffee prices also increased slightly .
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| New York Arabica Coffee Price January 10, 2025 |
Similarly, Arabica coffee prices on the New York floor also increased slightly, with an increase of 1.70 - 2.05 cents/lb. The delivery price for March 2025 is 318.50 cents/lb (up 2.05 cents/lb), May 2025 is 314.70 cents/lb (up 1.70 cents/lb), July 2025 is 309.30 cents/lb (up 1.35 cents/lb) and September 2025 is 302.80 cents/lb (up 1.20 cents/lb).
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| Brazilian Arabica coffee price on January 10, 2025 |
In contrast, the price of Arabica coffee from Brazil recorded an uneven increase and decrease, with a decrease of 0.20 - 5.90 USD/ton, ranging from 373.10 - 392.90 USD/ton. The delivery period for May 2025 is 392.90 USD/ton (down 3.55 USD/ton), the period for July 2025 is 382.90 USD/ton (down 5.90 USD/ton), the period for September 2025 is 373.10 USD/ton (down 0.20 USD/ton). In particular, the delivery period for March 2025 increased by 397.50 USD/ton (up 0.20 USD/ton).
Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 16:00 and closes at 00:30 (next day) Vietnam time. Arabica coffee traded on the ICE Futures US (New York exchange) opens at 16:15 and closes at 01:30 (next day) Vietnam time. For Arabica coffee traded on the B3 Brazil exchange, it will open from 19:00 – 02:35 (next day) Vietnam time.
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| After harvesting, people in Gia Lai dry coffee. Photo: Hien Mai |
Domestic coffee prices drop " shockingly "
According to information from Giacaphe.com, at 4:30 a.m. today, January 10, 2025, after 3 consecutive increases during the week, the price was recorded at a shocking average decrease of 119,100 VND/kg, down -2,300 VND/kg.
The highest coffee purchase price in key regions of the Central Highlands was recorded at 119,200 VND/kg. Specifically, today's coffee price in Dak Lak is 119,000 VND/kg, down -2,300 VND/kg; coffee price in Lam Dong is 118,000 VND/kg, down -2,500 VND/kg; coffee price in Gia Lai is 119,000 VND/kg, down -2,200 VND/kg and coffee price in Dak Nong today is 119,200 VND/kg, down -2,300 VND/kg.
The domestic coffee prices that Giacaphe.com lists every day are calculated based on the prices of two world coffee exchanges combined with continuous surveys from businesses and purchasing agents in key coffee growing areas across the country.
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| Domestic coffee price list updated at 4:30 a.m. on January 10, 2025 |
Vietnam, the world's largest producer of Robusta coffee, exported 1.34 million tons of coffee of all kinds in 2024, down 17.2% from 2023, according to a report from the General Statistics Office. In December, coffee exports reached 126,000 tons, down 39.3% from the same period last year.
According to the Vietnam Coffee and Cocoa Association (Vicofa), there are many reasons for the decline in Vietnam's coffee exports. One of the main reasons is the severe shortage of supply due to climate change and drought, which has reduced coffee production. Furthermore, the conversion of crops by many garden owners has also contributed to the increase in coffee prices.
Global conflicts have also put enormous pressure on supply chains, especially as many farmers decide to hold onto their stocks in anticipation of better prices after the harvest.
In the world coffee market, speculators have sharply reduced their net buying positions, a factor that has a major impact on coffee trading prices. In addition, increased inventories have also contributed to the decline in coffee prices yesterday.
According to information from the exchange, inventories on the New York Arabica Exchange increased to a 2.5-year high of 993.562 million bags. At the same time, inventories on the London Robusta Exchange also reached a 3-month high of 4,415 lots.
Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-hom-nay-1012025-giam-cuc-soc-368826.html
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