Domestic coffee price today January 12, 2025 highest 119,000 VND/kg

Update world coffee prices​​​​

Coffee prices today January 12, 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).

People check coffee quality in Gia Lai . Photo: Hien Mai

Coffee prices on 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 exchanges. However, on the night of January 11 and the early morning of January 12, 2025, all of the above exchanges temporarily suspended trading for the weekend and were updated as follows:

Robusta Coffee Price London January 12, 2025

On the London floor, at 4:30 a.m. on January 12, 2025, the price of Robusta coffee was recorded as follows: The delivery price for March 2025 was 4,966 USD/ton, the delivery price for May 2025 was 4,879 USD/ton, the delivery price for July 2025 was 4,794 USD/ton and September 2025 was 4,710 USD/ton.

New York Arabica Coffee Price January 12, 2025

Similarly, the price of Arabica coffee on the New York floor, the delivery period in March 2025 is 323.85 cents/lb, the delivery period in May 2025 is 319.80 cents/lb, the delivery period in July 2025 is 313.60 cents/lb and the delivery period in September 2025 is 306.35 cents/lb.

Brazilian Arabica coffee price on January 12, 2025

The price of Brazilian Arabica coffee also remained unchanged, recorded at USD 404.05/ton for March 2025 delivery, USD 400.00/ton for May 2025 delivery, USD 390.40/ton for July 2025 and USD 378.50/ton for September 2025.

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.

Gia Lai people harvest coffee at the end of the 2024-2025 crop year. Photo: Hien Mai

Domestic coffee prices are stable .​

According to information from Giacaphe.com, at 4:30 a.m. today, January 12, 2025, domestic coffee prices stabilized at an average of 118,900 VND/kg.

The highest coffee purchase price in the key regions of the Central Highlands was recorded at 119,000 VND/kg. Specifically, today's coffee price in Dak Lak is 119,000 VND/kg, in Lam Dong is 118,300 VND/kg, in Gia Lai is 118,800 VND/kg and in Dak Nong today is 119,000 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.

Domestic coffee price list updated at 4:30 a.m. on January 12, 2025

The Vietnamese coffee market continues to experience remarkable fluctuations, with an increase in export value but at the same time facing challenges in output and strict requirements from the international market.

Although Vietnam's coffee output is expected to decline due to the impact of climate change and crop conversion, export value is set to hit a record. In the 2023/2024 crop year, Vietnam will export about 1.46 million tons of coffee, down 12.1% in volume compared to the previous crop year, but the value will reach $5.43 billion, up 33.1%. The average export price will increase sharply to $3,673/ton, nearly 50% higher than in the 2022/2023 crop year.

Climate change, especially drought, has negatively affected coffee production. In addition, farmers' conversion to higher-value crops such as durian and avocado has also contributed to the reduction in coffee growing areas. In addition, new regulations from the European Union (EU) on anti-deforestation for coffee products have placed higher requirements on environmental protection and traceability, putting more pressure on the Vietnamese coffee industry.

The Vietnamese coffee market is forecast to continue to grow strongly, with an expected size of 763.5 million USD by 2029, corresponding to a compound annual growth rate (CAGR) of more than 8% in the period 2024-2029. This increase is driven by a deep coffee consumption culture, the popularity of large coffee chains, and the trend of favoring specialty and organic coffee.

To maintain and develop the market, the Vietnamese coffee industry needs to focus on solutions such as: Stabilizing area and increasing productivity, encouraging farmers to maintain coffee growing area, applying advanced farming techniques and selecting high-quality varieties to increase productivity.

Transform production towards sustainability, apply organic and environmentally friendly coffee production models to meet the green standards of the international market. Invest in technology and product quality, improve coffee quality, especially high-value varieties such as Arabica and invest in processing technology to increase product value.

With appropriate strategies, the Vietnamese coffee industry can continue to affirm its position in the world market, while ensuring sustainable development in the future.

Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-hom-nay-1212025-cao-nhat-119000-dongkg-369122.html