Update domestic coffee prices on May 23, 2025
Market | Medium | Change |
---|---|---|
Dak Lak | 122,500 | -2,700 |
Lam Dong | 122,000 | -3,300 |
Gia Lai | 122,500 | -2,500 |
Dak Nong | 122,500 | -2,800 |
Pepper price | 146,000 | -5,000 |
USD/VND | 25,760 | 0 |
According to the information table on coffee and pepper prices on May 23, 2025, we can see some notable points about the price movements of pepper in the market:
Pepper prices in major regions such as Dak Lak, Lam Dong, Gia Lai and Dak Nong all decreased compared to the previous day, with a decrease ranging from VND2,500 to VND3,300/kg. This shows a downward trend in pepper prices in the domestic market in the latest trading session.
In general, the domestic coffee market is witnessing a downward trend in pepper prices in major production areas. This needs to be closely monitored and evaluated to have appropriate business strategies in the coming time.
Update world coffee prices on May 23, 2025
Robusta Coffee Price London 5/23/2025
Arabica Coffee Price New York May 23, 2025
News, forecast of coffee price tomorrow 5/24/2025 difficult to maintain the upward momentum
Although the domestic coffee market is still maintaining its upward momentum, the sharp decline in international coffee prices is likely to put pressure on domestic prices tomorrow.
Without strong support from domestic supply and demand, coffee prices in the Central Highlands tomorrow could:
A slight decrease of 100 - 200 VND/kg in localities has increased sharply today.
Maintain stability in areas where prices have leveled off such as Gia Lai.
However, the domestic coffee market is still supported by:
Supply is scarce because people are not selling aggressively.
Need to perform export contracts until June.
Domestic speculators expect prices to increase as the dry season approaches.
In the context of strong fluctuations in world prices, farmers need to stay alert and closely monitor market developments before deciding to sell. If domestic prices show signs of slight adjustment but remain within the range of 124,000 - 125,000 VND/kg, this is still a good price to close a portion of the output.
For export businesses, closing purchases during slight correction sessions can be a good opportunity to collect goods at reasonable prices, preparing for the peak delivery season in the third quarter.
In summary, it is forecasted that coffee prices tomorrow, May 24, will find it difficult to maintain the upward momentum due to the impact of the downward trend in world coffee prices and increased domestic supply. However, the expected decrease is not large and the market remains stable.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-ca-phe-ngay-mai-24-5-2025-kho-giu-duoc-da-tang-3155380.html
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