(VAN) Coffee prices ton March 20, 2025, in the domestic market remain stable at a high level, ranging from VND 132,700 to VND 134,000/kg.
Coffee prices on March 20 globally
On the global market, coffee prices saw slight increases on both major exchanges, London (Robusta) and New York (Arabica). The main drivers of this price increase include the U.S. Federal Reserve’s (Fed) interest rate adjustments and a decline in supply from major producing countries.
Robusta coffee prices (London)
- May 2025 contract: $ 5,527/ton, up $ 58/ton (+1.06%).
- July 2025 contract: $ 5,502/ton, up $ 55/ton (+1.01%).
- September 2025 contract: $ 5,480/ton, up $ 57/ton (+1.05%).
Arabica coffee prices (New York)
- May 2025 contract: 386.20 cents/lb, up 2.35 cents/lb (+0.61%).
- July 2025 contract: 379.80 cents/lb, up 2.10 cents/lb (+0.55%).
- September 2025 contract: 373.50 cents/lb, up 2.00 cents/lb (+0.54%).
Reasons for the increase in global coffee prices
- Fed’s interest rate decision: The Fed’s decision to maintain interest rates has eased pressure on the USD, supporting commodity prices, including coffee.
- Declining supply: According to the latest report from the International Coffee Organization (ICO), global coffee production for the 2023/24 crop year is down 20% from initial forecasts, particularly in major producing countries like Vietnam and Brazil.
- Rising demand: Major markets such as the U.S., Europe, and China continue to increase coffee imports to support the food and beverage industry.
Coffee prices on March 20 domestically
In the domestic market, coffee prices today remain stable at a high level, ranging from VND 132,700 to VND 134,000/kg. This favorable price provides farmers with motivation to continue production amid rising input costs.
Coffee prices on March 20, 2025: Remains stable at a high level
Domestic coffee prices outlook
- Central Highlands Region: Coffee prices in Dak Lak and Dak Nong continue to lead, reaching the highest level of VND 134,000/kg. This region has the largest coffee production in the country and plays a crucial role in exports.
- Average Price: Currently, the average coffee price in key regions stands at VND 133,400/kg, unchanged from yesterday.
$ 1 = VND 25.350 – Source: Vietcombank.
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