(VAN) Coffee prices on February 11, 2025, have surged sharply globally. Domestic coffee prices have increased by VND 700, reaching VND 129,200 – 130,200/kg.
Coffee prices on February 11 globally
On the global market, both the London and New York exchanges saw a sharp increase on February 11.
Specifically, Robusta prices on the London exchange for March 2025 delivery rose by $ 110 (equivalent to 1.98%), reaching $ 5,671/ton. Meanwhile, the May 2025 contract surged by $ 133 (equivalent to 2.39%), reaching $ 5,697/ton.
On the New York exchange, Arabica prices for March 2025 delivery spiked by 24.7 cents (equivalent to 6.11%), reaching 429.05 cents/lb. Meanwhile, the May 2025 contract jumped by 24.4 cents (equivalent to 6.15%), settling at 421.10 cents/lb.
Latest Arabica and Robusta prices on February 11, 2025
Global coffee prices surged today. Notably, the New York exchange recorded its 13th consecutive gain and set a new peak, rising by more than 6%.
The main reason is that coffee farmers in Brazil, the world’s top producer, are not yet willing to sell, while roasters continue to face supply shortages and seek additional purchases. The market is increasingly concerned about low stock levels in Brazil, which supplies nearly half of the world’s Arabica coffee.
“Some believe that Brazil’s next harvest will be better than expected—not significantly higher than last year, but enough to provide a slightly more optimistic outlook,” said Icona Cafe.
Latest domestic and global coffee prices on February 11, 2025
Thus, global coffee prices on February 11, 2025, have surged compared to yesterday.
Coffee prices on February 11 domestically
In the domestic market, coffee prices today jumped by VND 700 compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 129,200/kg.
In Dak Lak, Cu M’gar district is buying coffee at VND 130,200/kg, while Ea H’leo and Buon Ho districts are trading at VND 130,100/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are purchasing at VND 130,200/kg and VND 130,100/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 130,000/kg, while Pleiku and La Grai are both at VND 129,900/kg.
Meanwhile, coffee purchase prices in Kon Tum today stand at VND 129,900/kg.
Domestic coffee prices today have risen significantly, easily pushing this agricultural product past the VND 130,000/kg threshold.
Thus, as of February 11, 2025, domestic coffee prices are trading around VND 129,200 – 130,200/kg.
$ 1 = VND 25.310 – Source: Vietcomban
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