Domestic coffee prices are stable

Update world coffee prices

Coffee prices today December 26, 2024 on the world market, at 4:00 a.m. 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).

After harvesting, people in Gia Lai classify coffee berries. 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 on London floor on December 26, 2024

The world coffee exchanges closed yesterday to celebrate the Christmas holiday of 2024. Therefore, the price of Robusta coffee on the London exchange updated at 4:00 a.m. on December 26, 2024 remained unchanged compared to yesterday, fluctuating between 4,754 and 5,041 USD/ton. Specifically, the delivery period for March 2025 is 5,041 USD/ton; the delivery period for May 2025 is 4,953 USD/ton; the delivery period for July 2025 is 4,858 USD/ton; the delivery period for September 2025 increased by 4,754 USD/ton.

New York Arabica Coffee Price December 26, 2024

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

Brazilian Arabica Coffee Price on December 26, 2024

The price of Brazilian Arabica coffee on the morning of December 26, 2024, remained unchanged, ranging from 375.35 - 408.60 USD/ton. Specifically, the delivery period for March 2025 is 408.60 USD/ton; the delivery period for May 2025 is 401.45 USD/ton; the delivery period for July 2025 is 391.10 USD/ton and the delivery period for September 2025 is 375.35 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.

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

Domestic coffee prices are stable

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

The highest coffee purchase price in the key regions of the Central Highlands was recorded at 121,000 VND/kg, most of the provinces remained the same as yesterday. Specifically, the coffee price in Dak Lak today was 120,700 VND/kg; the coffee price in Lam Dong was 120,200 VND/kg; the coffee price in Dak Nong was 121,000 VND/kg. Only, the coffee price in Gia Lai today was 120,600 VND/kg, down -100 VND/kg compared to yesterday.

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 4:00 a.m. on December 26, 2024

According to the latest statistics, Arabica coffee prices have increased by 70% in 2024, reaching the highest level in more than 40 years. This is a popular bean in the premium coffee line and this strong volatility not only creates opportunities but also brings many challenges for traders and investors in the global coffee market.

The price surge is putting huge financial pressure on traders holding millions of bags of coffee in warehouses or in transit. Smaller or financially constrained businesses are particularly at risk of running out of cash.

The main reason for the increase in Arabica coffee prices is mainly due to adverse weather conditions in major producing countries such as Brazil, Vietnam and Guatemala, which have significantly reduced production. At the same time, increased demand in Europe and the US has also pushed prices to record levels.

In the volatile global coffee market, investors and traders need to be careful in managing risks and looking for opportunities to adapt to this new trend.

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