- Update domestic coffee prices on April 23, 2025
- Update world coffee prices on April 23, 2025
- Robusta Coffee Price London 4/23/2025
- New York Arabica Coffee Price April 23, 2025
- News, forecast of coffee price tomorrow 4/24/2025 still has no optimistic signal
Update domestic coffee prices on April 23, 2025
Market | Medium | Change |
---|---|---|
Dak Lak | 129,400 | -100 |
Lam Dong | 128,900 | -100 |
Gia Lai | 129,300 | 0 |
Dak Nong | 129,400 | -100 |
Coffee prices today, April 23, 2025, recorded a slight downward trend in the main production areas in the Central Highlands, reflecting the cautious sentiment of the market in the context of no significant fluctuations in supply and demand. According to the latest data, the average coffee price reached 129,400 VND/kg, down 100 VND/kg compared to the previous day, showing that the downward pressure is affecting most major coffee growing areas. In Dak Lak and Dak Nong, two important coffee granaries, coffee prices simultaneously decreased by 100 VND/kg, down to 129,400 VND/kg, reflecting the uniformity in the regional market trend. Similarly, Lam Dong is no exception to this trend when the coffee price here decreased by 100 VND/kg, reaching 128,900 VND/kg, the lowest level recorded in the Central Highlands provinces.
The rare bright spot in today's coffee price picture comes from Gia Lai, the only region that kept prices stable at 129,300 VND/kg, unchanged from the previous day. This shows that Gia Lai is more resilient to price reduction pressure, bringing a positive signal to farmers here. Meanwhile, pepper prices today remained stable at 155,000 VND/kg, with no fluctuations, showing that the pepper market is in a temporary calm period, less affected by external factors.
However, with the current downward trend in coffee prices, farmers need to closely monitor market developments to make appropriate decisions in selling. Although today's coffee prices have decreased slightly, they are still relatively high compared to the general level in recent years, which is an opportunity for coffee growers to consider long-term strategies.
Update world coffee prices on April 23, 2025
Robusta Coffee Price London 4/23/2025
New York Arabica Coffee Price April 23, 2025
News, forecast of coffee price tomorrow 4/24/2025 still has no optimistic signal
Coffee prices on April 24, 2025 are expected to fluctuate a lot, like a tug of war between increase and decrease, making coffee growers anxiously follow. Today, April 23, 2025, domestic coffee prices have decreased slightly, ranging from 128,900 to 129,400 VND/kg, and there have also been notable changes in the world. Robusta coffee prices have decreased slightly, while Arabica coffee has increased slightly. So where will coffee prices go tomorrow? Let's find out in a simple way for you to visualize, even if you are not familiar with economics.
First, let’s look at what’s happening in the world. Brazil, a major coffee producer, is expected to harvest less coffee next year, down about 3% to 6.4% from last year. This means there will be less coffee to sell, and when there is less supply, prices can usually rise. However, the weather in Brazil is currently very good, helping coffee trees grow, so many people think that there will be an abundant supply of coffee, pushing prices down. This is why coffee prices on April 24, 2025 may not increase sharply, but will fluctuate up and down.
Next, the US dollar, the currency the world uses to buy and sell coffee, is falling, to a three-year low. When the US dollar is cheaper, Arabica coffee prices usually rise, because foreign buyers find it cheaper to exchange their money to buy. But this does not help much for Robusta coffee, which Vietnam grows a lot. In addition, the amount of coffee in the world is increasing. Arabica coffee warehouses currently have 801,549 bags, a five-week high, while Robusta coffee warehouses have also increased to 4,272 lots, a one-week high. When warehouses are full, coffee prices usually have difficulty rising, because the market does not worry about shortages.
In addition, the world stock market is seeing many strong sellers, making people worried and not wanting to invest in commodities like coffee. This also affects the price of coffee on April 24, 2025, and may not increase as expected. Experts say that in the next few months, coffee prices will continue to fluctuate a lot, because supply, demand, and coffee buyers and sellers in the international market are still very tense.
In summary, coffee prices on April 24, 2025 will continue to fluctuate, possibly fluctuating slightly around 128,900 to 129,400 VND/kg, or moving up or down a few hundred VND depending on new news. If you are a coffee grower, keep a close eye on weather information in Brazil and the USD price, as they will directly affect your wallet. For more details on coffee prices on April 24, 2025, you can refer to reputable sites such as giacaphe.com for the fastest updates.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-ca-phe-ngay-mai-24-4-2025-van-chua-co-tin-hieu-lac-quan-3153456.html
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