(VAN) Coffee prices on January 5, 2025, remain in the range of VND 119,800 – 120,500/kg. This week, the domestic coffee market has decreased by VND 300 – 600.
Latest domestic and global coffee prices on January 5, 2025
Coffee prices on January 5 globally
Globally, both the London and New York exchanges remained unchanged on January 5.
Specifically, Robusta prices on the London exchange for March 2025 delivery stayed at $ 4,968/ton, while the May 2025 delivery contract held at $ 4,897/ton.
On the New York exchange, Arabica prices for March 2025 delivery remained steady at 318.65 cents/lb, and the May 2025 delivery contract remained unchanged at 314.90 cents/lb.
Latest Arabica and Robusta prices on January 5, 2025
Global coffee prices remained stable today. Summarizing this week, the market saw mixed movements with increases on the London exchange and continued declines on the New York exchange.
Specifically, Robusta prices for March 2025 delivery increased by $15/ton, while Arabica prices for March 2025 delivery fell by 4 cents/lb.
It is evident that Arabica coffee on the New York exchange experienced its second consecutive week of decline, reaching a 4-week low. The decline is attributed to reduced concerns over drought in Brazil after the country’s key Arabica coffee-growing regions recorded above-average rainfall last week.
Additionally, the weakening Brazilian Real against the USD has encouraged increased selling activities in Brazil.
Beyond Brazil, the world’s second-largest coffee-consuming market after the United States, other coffee markets have emerged recently, primarily in coffee-producing countries.
Countries like China, India, Indonesia, and Vietnam have seen significant increases in domestic coffee consumption alongside the development of value-added products and exports.
Thus, on January 5, 2025, global coffee prices showed no new changes compared to yesterday.
Coffee prices on January 5 domestically
Domestically, the coffee market remained stable today, January 5, compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 119,800/kg.
In Dak Lak province, Cu M’gar district is purchasing coffee at VND 120,500/kg, while Ea H’leo and Buon Ho districts are trading at VND 120,400/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are trading at VND 120,500 and VND 122,400/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 122,400/kg, while Pleiku and La Grai both maintain prices at VND 120,300/kg.
In Kon Tum province, the coffee purchasing price today is VND 120,300/kg.
The domestic coffee price today remains unchanged, with the highest level at VND120,500/kg. Summing up this week, the domestic coffee market decreased by VND300 – 600.
Thus, the domestic coffee price on January 5, 2025, is trading around VND 119,800 – 120,500/kg.
$ 1 = VND 25.220 – Source: Vietcombank.
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