Domestic coffee prices remain stable.

World coffee price update

Today's coffee price on December 26, 2024, at 4:00 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).

After harvesting, people in Gia Lai sort the coffee beans. 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 on the London exchange on December 26, 2024

World coffee exchanges were closed yesterday for the 2024 Christmas holiday. Therefore, Robusta coffee prices on the London exchange, updated at 4:00 AM on December 26, 2024, remained unchanged from yesterday, fluctuating between 4754 and 5041 USD/ton. Specifically, the March 2025 delivery contract was 5041 USD/ton; the May 2025 delivery contract was 4953 USD/ton; the July 2025 delivery contract was 4858 USD/ton; and the September 2025 delivery contract increased to 4754 USD/ton.

New York Arabica coffee prices on December 26, 2024

Similarly, the price of Arabica coffee on the New York exchange on the morning of December 26, 2024, also fluctuated between 307.45 and 328.60 cents/lb. Specifically, the March 2025 delivery contract was 328.60 cents/lb; the May 2025 delivery contract was 323.35 cents/lb; the July 2025 delivery contract was 315.95 cents/lb; and the September 2025 delivery contract was 307.45 cents/lb.

Brazilian Arabica coffee prices on December 26, 2024

Brazilian Arabica coffee prices on the morning of December 26, 2024 remained unchanged, fluctuating between US$375.35 and US$408.60 per ton. Specifically, the price for March 2025 delivery was US$408.60 per ton; for May 2025 delivery was US$401.45 per ton; for July 2025 delivery was US$391.10 per ton; and for September 2025 delivery was US$375.35 per ton.

Robusta coffee traded on the ICE Futures Europe exchange (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 exchange (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.

Coffee beans grown by a household in Xuan Truong commune, Da Lat city, Lam Dong province. Photo: Minh Hau

Domestic coffee prices remain stable.

According to information from Giacaphe.com, updated at 4:00 AM today, December 26, 2024, domestic coffee prices remain stable at 120,800 VND/kg compared to the previous trading session.

The highest coffee purchase price in the key growing regions of the Central Highlands was recorded at 121,000 VND/kg, with most provinces maintaining the same price as yesterday. Specifically, today's coffee price in Dak Lak is 120,700 VND/kg; in Lam Dong, 120,200 VND/kg; and in Dak Nong, 121,000 VND/kg. The only exception is Gia Lai, where the price today is 120,600 VND/kg, a decrease of 100 VND/kg compared to yesterday.

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 strives to closely monitor prices in each region; however, there may be days when the listed price does not perfectly match the local coffee purchase price. Nevertheless, Y5Cafe believes that the listed information is a valuable reference source for farmers.

Domestic coffee price list updated at 4:00 AM on December 26, 2024.

According to the latest statistics, Arabica coffee prices increased by 70% in 2024, reaching their highest level in over 40 years. This is a highly sought-after bean in premium coffee, and this significant volatility presents both opportunities and challenges for traders and investors in the global coffee market.

This price increase is putting significant financial pressure on traders holding millions of bags of coffee in storage or in transit. Small businesses, in particular, face the risk of severe cash shortages.

The main reason for the increase in Arabica coffee prices stems primarily from unfavorable weather conditions in major producing countries such as Brazil, Vietnam, and Guatemala, leading to a significant reduction in production. Simultaneously, increased demand in Europe and the US has also pushed prices to record levels.

In the context of a volatile global coffee market, investors and traders need to be cautious in managing risk and seek opportunities to adapt to these new trends.

Source: https://congthuong.vn/gia-ca-phe-hom-nay-26122024-gia-ca-phe-trong-nuoc-on-dinh-366248.html