(VAN) Coffee prices on March 12, 2025, have rise in global markets. Domestic coffee prices have surged by VND 1,500, reaching VND 132,000 – VND 133,000/kg.
Coffee prices on March 12 globally
In the global market, both the London and New York exchanges continued their upward trend on March 12.
On the London exchange, Robusta futures for May 2025 increased by $ 177 (equivalent to 3.29%), reaching $ 5,552/ton. The July 2025 contract also rose by $ 171 (equivalent to 3.20%), settling at $ 5,513/ton.
Meanwhile, on the New York exchange, Arabica futures for May 2025 climbed by 9.75 cents (equivalent to 2.54%), reaching 393.75 cents/lb. The July 2025 contract increased by 9.7 cents (equivalent to 2.59%), reaching 384.40 cents/lb.
Latest Arabica and Robusta prices on March 12, 2025
Global coffee prices surged today on both exchanges, supported by a weaker USD and concerns over drought impacting production in Brazil. However, the rally was limited as ICE-monitored inventories of both Arabica and Robusta increased.
Thus, global coffee prices on March 12, 2025, recorded strong gains compared to yesterday.
Coffee prices on March 12 domestically
Latest domestic and global coffee prices on March 12, 2025
Latest domestic and global coffee prices on March 12, 2025
In the domestic market, coffee prices also continued to rise compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha all trade at VND 132,000/kg.
In Dak Lak, Cu M’gar district is purchasing coffee at VND 132,800/kg today, while Ea H’leo and Buon Ho districts are trading at VND 132,700/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are trading at VND 133,000/kg and VND 132,900/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 132,700/kg, while Pleiku and La Grai are both holding at VND 132,600/kg.
Meanwhile, coffee purchasing prices in Kon Tum today stand at VND 132,700/kg.
Thus, domestic coffee prices on March 12, 2025, are trading around VND 132,000 – 133,000/kg.
$ 1 = VND 25.250 – Source: Vietcombank.
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