Domestic coffee prices today December 30, 2024 are stable

Update coffee prices today December 30, 2024, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee December 30, 2024.

In the last week of 2024, the coffee market witnessed fluctuations with a slight downward trend in both domestic and international markets.

World coffee market

Coffee prices today December 30, 2024 on the world market, at 4:30 am updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching with world exchanges, the only channel in Vietnam that continuously updates and links with world exchanges).

People in Gia Lai select ripe red coffee berries for harvesting. Photo: Hien Mai

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:

London Robusta Coffee Price on December 30, 2024

Robusta coffee prices on the London floor, updated at 4:30 a.m. on December 30, 2024: March 2025 delivery period ended at 4,953 USD/ton; May 2025 delivery period ended at 4,884 USD/ton; July 2025 delivery period ended at 4,814 USD/ton and September 2025 delivery period ended at 4,726 USD/ton.

New York Arabica coffee price on December 30, 2024

The price of Arabica coffee on the New York floor for March 2025 delivery closed at 322.65 cents/lb; the delivery for May 2025 closed at 317.60 cents/lb; the delivery for July 2025 closed at 311.05 cents/lb and the delivery for September 2025 closed at 303.70 cents/lb.

Brazilian Arabica coffee price on December 30, 2024

The updated Brazilian Arabica coffee prices are as follows: March 2025 delivery ended at $402.55/ton; May 2025 delivery ended at $395.80/ton; July 2025 delivery ended at $387.05/ton and September 2025 delivery ended at $374.30/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.

Instant coffee combined with cordyceps mushroom. Photo: Nguyen Phuong

Domestic coffee market situation

According to information from Giacaphe.com, coffee prices were updated at 4:30 a.m. today, December 30, 2024. Domestic coffee prices fluctuated between 120,300 - 121,000 VND/kg, down an average of 200 VND/kg compared to last week.

Specifically, in Lam Dong province: Di Linh, Lam Ha districts, Bao Loc city recorded the price of 120,300 VND/kg; in Dak Lak province: Cu M'gar district at 120,800 VND/kg, and in Ea H'leo district and Buon Ho town at 120,700 VND/kg.

In Gia Lai province: Chu Prong district is at 120,800 VND/kg, Pleiku city and La Grai district are both at 120,700 VND/kg; in Kon Tum province: recorded price is 120,700 VND/kg. Particularly, in Dak Nong province: Gia Nghia town and Dak R'lap district are both at 121,000 VND/kg, this is also the province with the highest price in the Central Highlands.

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.

Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for you.

Domestic coffee price list updated at 4:30 a.m. on December 30, 2024

Experts commented and analyzed that in the past week, monetary factors and the increase in standard inventories have affected coffee prices on both exchanges. Although coffee prices tended to decrease slightly in the last week of 2024, the current price is still considered high, motivating farmers to continue to invest in coffee trees systematically and sustainably.

However, the coffee market is always affected by many factors such as weather, exchange rates and global economic fluctuations. Therefore, coffee growers need to closely monitor market developments to make timely adjustments in production and business activities.

Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-hom-nay-30122024-o-muc-on-dinh-366904.html