(VAN) Coffee prices on May 23, 2025, dropped by a further VND 2,500, trading at VND 122,500 – 123,200/kg. Global coffee prices also declined across the board.
Coffee prices on May 23 globally
Globally, coffee prices on the London and New York exchanges dropped sharply on May 23, 2025.
Specifically, Robusta prices on the London exchange for July 2025 delivery fell by $ 116 (equivalent to 2.37%) to $ 4,787/ton. The September 2025 contract also dropped by $105 (equivalent to 2.19%) to $ 4,784/ton.
Meanwhile, on the New York exchange, Arabica prices for July 2025 delivery declined by 9.55 cents (equivalent to 2.58%) to 360.75 cents/lb. The September 2025 contract also fell significantly by 8.80 cents (equivalent to 2.39%) to 358.65 cents/lb.
Latest Arabica and Robusta prices on May 23, 2025
Global coffee prices dropped sharply today as Arabica fell to its lowest level in five weeks and Robusta hit a six-week low.
The La Nina phenomenon is expected to weaken, with a 75% chance of neutral conditions by the end of 2025.
Thus, global coffee prices on May 23, 2025, have declined across the board compared to yesterday.
Coffee prices on May 23 domestically
In the domestic market, coffee prices in Vietnam also dropped sharply on May 23, 2025, compared to the previous day.
Latest domestic and global coffee prices on May 23, 2025
In the domestic market, coffee prices continued to fall sharply on May 23, 2025.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are all trading at the same price of VND 122,500/kg.
In Dak Lak province, coffee is currently being purchased in Cu M’gar district at VND 123,000/kg, while in Ea H’leo and Buon Ho, the trading price stands at VND 122,900/kg.
In Dak Nong province, traders in Gia Nghia and Dak R’lap are trading at VND 123,200/kg and VND 123,100 VND/kg, respectively.
Meanwhile, in Gia Lai province, Chu Prong district is trading at 123,000 VND/kg, and the areas of Pleiku and La Grai are maintaining a price of 122,900 VND/kg.
As for Kon Tum province, the purchasing price for coffee today is 122,900 VND/kg.
Thus, on May 23, 2025, domestic coffee prices in Vietnam are trading around the range of VND 122,500 to 123,200/kg.
$ 1 = VND 25.740 – Source: Vietcombank.
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