Domestic coffee prices today, January 4, 2025, suddenly skyrocketed

World coffee prices fall sharply

Coffee prices today January 4, 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).

Gia Lai people harvest ripe coffee. 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:

Robusta Coffee Price London January 4, 2025

At the end of the trading session, the price of Robusta coffee on the London floor at 3:00 a.m. on January 4, 2025 had a very deep price drop after just one day of shocking price increases, the decrease was from 75 - 88 USD/ton, fluctuating from 4727 - 4968 USD/ton. Specifically, the delivery period for March 2025 was 4968 USD/ton (down 88 USD/ton); the delivery period for May 2025 was 4897 USD/ton (down 80 USD/ton); the delivery period for July 2025 was 4817 USD/ton (down 75 USD/ton); the delivery period for September 2025 increased by 4727 USD/ton (down 77 USD/ton).

New York Arabica Coffee Price January 4, 2025

Similarly, the price of Arabica coffee on the New York floor on the morning of January 4, 2025, also had a sharp decrease from 7.05 - 8.20 cents/lb, fluctuating from 302.20 - 318.65 cents/lb. Specifically, the delivery period for March 2025 is 318.65 cents/lb (down 8.20 cents/lb), the delivery period for May 2025 is 314.90 cents/lb (down 7.20 cents/lb); the delivery period for July 2025 is 309.10 cents/lb (down 7.05 cents/lb) and the delivery period for September 2025 is 302.20 cents/lb (down 7.60 cents/lb).

Brazilian Arabica coffee price on January 4, 2025

At the end of the trading session, the price of Brazilian Arabica coffee on the morning of January 4, 2025 also decreased quite sharply, updated as follows: The decrease was from 5.20 - 9.35 USD/ton, ranging from 373.80 - 401.65 USD/ton. Specifically, the delivery period in March 2025 was 401.65 USD/ton (down 7.35 USD/ton); the delivery period in May 2025 was 396.55 USD/ton (down 5.20 USD/ton); the delivery period in July 2025 was 384.45 USD/ton (down 9.35 USD/ton); the delivery period in September 2025 was 373.80 USD/ton (down 6.70 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.

After harvesting, people dry the coffee. Photo: Hien Mai

Domestic coffee prices skyrocket

According to information from Giacaphe.com, updated coffee prices at 4:30 a.m. today, January 4, 2025, domestic coffee prices also suddenly skyrocketed, averaging at 122,000 VND/kg, an increase of +2,600 VND/kg compared to the previous trading session.

The highest coffee purchase price in key regions of the Central Highlands is still recorded at 122,200 VND/kg. Specifically, today's coffee price in Dak Lak is 122,000 VND/kg, up +2,500 VND/kg; coffee price in Lam Dong is 121,300 VND/kg, up +2,600 VND/kg; coffee price in Gia Lai is 121,900 VND/kg, up +2,500 VND/kg and coffee price in Dak Nong today is 122,200 VND/kg, up +2,700 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.

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 January 4, 2025

According to the Import-Export Department (Ministry of Industry and Trade), in 2024, Vietnam's coffee export turnover will reach more than 4.84 billion USD, surpassing the total turnover of the whole year 2023. Notably, the average export price of coffee in November 2024 reached 5,818 USD/ton, the highest level ever.

Despite rising export prices, Vietnam’s coffee output is facing a decline. Climate change and the El Nino phenomenon have caused drought in key coffee growing regions such as the Central Highlands, affecting productivity and coffee bean quality. In addition, farmers’ switch to growing higher-value crops such as durian and avocado has also contributed to the decline in coffee growing areas.

The European Union (EU) has issued the EU Deforestation Reduction Regulation (EUDR), requiring imported products, including coffee, to prove that they are not linked to deforestation. The regulation is expected to take effect from December 2025, posing a major challenge for the Vietnamese coffee industry in ensuring traceability and compliance with strict environmental standards.

Despite the above challenges, Vietnam still has the opportunity to consolidate its position in the global coffee market. Investing in the production of high-quality coffee, especially organic and specialty coffee, will help increase product value and meet the increasing demand of international consumers. At the same time, applying sustainable farming methods, protecting the environment and complying with international regulations will create favorable conditions for Vietnamese coffee to access and expand export markets.

To achieve this goal, close coordination between farmers, businesses and state management agencies is extremely important. Building a database system on forests and coffee growing areas, along with programs to support farmers in improving farming techniques and environmental protection awareness, will contribute to promoting the sustainable development of Vietnam's coffee industry in the future.

Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-hom-nay-412025-bat-ngo-tang-vot-367838.html