(VAN) Coffee prices on February 28, 2025 slightly declined in globally, domestic prices have increased by VND 200, trading at VND 128,500 – 130,500/kg.
Coffee prices on February 28 globally
Globally, both the London and New York exchanges saw slight declines.
On the London exchange, Robusta futures for May 2025 decreased by $ 34 (0.63%) to $ 5,376/ton, while the July 2025 contract dropped by $ 36 (0.67%) to $ 5,337/ton.
Meanwhile, on the New York exchange, Arabica futures for May 2025 fell by 1.6 cents (0.43%) to 373.6 cents/lb, and the July 2025 contract declined by 0.85 cents (0.23%) to 364.75 cents/lb.
Latest Arabica and Robusta prices on February 28, 2025
Global coffee prices today retreated from early-session gains and turned lower after the Brazilian real fell to a three-week low against the USD, triggering long liquidation in coffee futures contracts.
Additionally, the weaker real is encouraging Brazilian coffee producers to accelerate exports.
Thus, global coffee prices on February 28, 2025, have slightly declined compared to yesterday.
Coffee prices on February 28 domestically
In the domestic market, coffee prices today, February 28, rose slightly by VND 200 compared to yesterday.
Latest domestic and global coffee prices on February 28, 2025
Specifically, in Lam Dong province, the three districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 128,500/kg.
In Dak Lak, Cu M’gar district is purchasing coffee at VND 130,500/kg today, while Ea H’leo and Buon Ho districts are trading at VND 130,400/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are buying at VND 130,500 and VND 130,200/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 130,500/kg, while Pleiku and La Grai are maintaining a price of VND 130,400/kg.
Meanwhile, the purchasing price of coffee in Kon Tum today stands at VND 130,400/kg.
Thus, domestic coffee prices on February 28, 2025, are trading around VND 128,500 – 130,500/kg.
$ 1 = VND 25.340 – Source: Vietcombank.
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