(VAN) Coffee prices on February 21, 2025, saw a sharp decline globally. Domestic coffee prices dropped by VND 1,500, trading at VND 130,700 – 132,000/kg.
Coffee prices on February 21 globally
On the global market, both the London and New York exchanges saw a sharp decline on February 21.
Robusta prices on the London exchange for March 2025 delivery dropped significantly by $ 115 (2%), settling at $ 5,641/ton. Meanwhile, the May 2025 contract decreased by $91 (1.58%), reaching $ 5,655/ton.
On the New York exchange, Arabica for March 2025 delivery plummeted by 22 cents (5.34%), down to 389.90 cents/lb. The May 2025 contract also dropped sharply by 17.75 cents (4.47%), trading at 379.55 cents/lb.
Latest Arabica and Robusta prices on February 21, 2025
Global coffee prices dropped sharply today, with Arabica for March 2025 delivery falling over 5%, reaching its lowest level in two weeks.
For Robusta, prices are also under pressure as ICE-monitored inventories increased to 4,347 lots from 4,297 lots on February 18.
Thus, global coffee prices on February 21, 2025, have declined sharply compared to yesterday.
Coffee prices on February 21 domestically
In Vietnam, the domestic coffee market is also experiencing a significant drop compared to yesterday.
Latest domestic and global coffee prices on February 21, 2025
In Lam Dong province, Di Linh, Bao Loc, and Lam Ha districts all trade at VND 130,700/kg.
In Dak Lak, Cu M’gar district is purchasing coffee at VND 131,800/kg, while Ea H’leo and Buon Ho districts are trading at VND 131,700/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are both trading at VND 132,000/kg.
In Gia Lai province, Chu Prong district is trading at VND 131,800/kg, while Pleiku and La Grai are holding at VND 131,700/kg.
Meanwhile, in Kon Tum, today’s coffee purchasing price is VND 131,700/kg.
Thus, the domestic coffee price on February 21, 2025, is trading around VND 130,700 – 132,000/kg.
$ 1 = VND 25.270 – Source: Vietcombank.
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