Domestic coffee prices today December 30, 2024 are stable

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

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

World coffee market

Today's coffee price on December 30, 2024, at 4:30 AM on the world market, 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).

People in Gia Lai select ripe, red coffee cherries 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 throughout the trading hours of the exchanges, as follows:

Robusta coffee prices in London on December 30, 2024

Robusta coffee prices on the London exchange, updated at 4:30 AM on December 30, 2024: March 2025 delivery contract ended at US$4,953/ton; May 2025 delivery contract ended at US$4,884/ton; July 2025 delivery contract ended at US$4,814/ton and September 2025 delivery contract ended at US$4,726/ton.

New York Arabica coffee prices on December 30, 2024

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

Brazilian Arabica coffee prices on December 30, 2024

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

Robusta coffee traded on the ICE Futures Europe (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 (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.

Instant coffee combined with cordyceps mushrooms. Photo: Nguyen Phuong

Domestic coffee market situation

According to information from Giacaphe.com, updated at 4:30 AM today, December 30, 2024, domestic coffee prices fluctuate between 120,300 and 121,000 VND/kg, a decrease of an average of 200 VND/kg compared to last week.

Specifically, in Lam Dong province: Di Linh, Lam Ha districts and Bao Loc city recorded a price of 120,300 VND/kg; in Dak Lak province: Cu M'gar district at 120,800 VND/kg, while Ea H'leo district and Buon Ho town both 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: the price is recorded at 120,700 VND/kg. In Dak Nong province: Gia Nghia town and Dak R'lap district are both at 121,000 VND/kg, making it the province with the highest price in the Central Highlands region.

The domestic coffee prices listed daily by Giacaphe.com are calculated based on prices from two global coffee exchanges, combined with continuous surveys from businesses and purchasing agents in key coffee-growing regions 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 AM on December 30, 2024.

Experts and analysts believe that, over the past week, monetary factors and an increase in standard inventories have influenced coffee prices on both exchanges. Although coffee prices tended to decline slightly in the last week of 2024, current prices are still considered high, incentivizing farmers to continue investing in coffee cultivation in a systematic and sustainable manner.

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 their production and business operations.

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