(VAN) Coffee prices on February 5, 2025, saw a slight increase globally. Domestic prices rose by VND 200, reaching VND 127,600 – 128,600/kg.
Coffee prices on February 5 globally
Global coffee prices today, February 5, continued their upward trend on both the London and New York exchanges.
On the London exchange, Robusta prices for May 2025 delivery increased by $ 24 (0.43%), reaching $ 5,558/ton. The May 2025 contract also rose by $ 28 (0.51%) to $ 5,548/ton.
Meanwhile, on the New York exchange, Arabica prices for May 2025 delivery edged up by 2.45 cents (0.64%) to 383.35 cents/lb. The May 2025 contract gained an additional 3.05 cents (0.81%), settling at 377.40 cents/lb.
Latest Arabica and Robusta prices on February 5, 2025
Global coffee prices today saw a slight increase on both exchanges. Arabica continued its upward trend, while Robusta showed a mild recovery.
According to Reuters, Arabica prices have risen for nine consecutive sessions, reaching a new record. The rally is driven by roasters scrambling to secure supplies, while Brazilian farmers remain reluctant to sell.
In Brazil, where 85% of the 2024/25 crop has already been sold, concerns are mounting over low stock levels and the sector’s ability to meet domestic and export demand in the next six months.
Notably, certified Arabica stocks on the ICE exchange dropped to 867,582 bags last Friday, down from nearly one million bags just weeks ago.
Traders report that more investors are flocking to the coffee market, pushing roasters into panic buying, while farmers delay sales in hopes of even higher prices.
The Brazilian real also surged to a two-and-a-half-month high against the USD on February 4, reducing selling pressure from coffee producers.
“The target this week is the $ 4/pound mark”, one trader commented.
Thus, global coffee prices on February 5, 2025, recorded a slight increase compared to yesterday.
Coffee prices on February 5 domestically
In Vietnam, domestic coffee prices rose slightly by VND 200 compared to yesterday.
Latest domestic and global coffee prices on February 5, 2025
Specifically, in Lam Dong province, Di Linh, Bao Loc, and Lam Ha districts are trading at VND 127,600/kg.
In Dak Lak, Cu M’gar district is purchasing coffee at VND 128,400/kg today, while Ea H’leo and Buon Ho districts are trading at VND 128,300/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are transacting at VND 128,600/kg and VND 128,500/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 128,400/kg, while Pleiku and La Grai are maintaining the price of VND 128,300/kg.
Meanwhile, coffee purchasing prices in Kon Tum today stand at VND 128,300/kg.
Domestic coffee prices today have slightly increased again, bringing this agricultural product closer to the VND 129,000/kg mark.
Thus, as of February 5, 2025, domestic coffee prices are trading around VND 127,600 – 128,600/kg.
$ 1 = VND 24.950 – Source: Vietcombank.
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