Di Linh, Lâm Hà, Bảo Lộc: 127,600 VND/kg
In Đắk Lắk province:
Cư M'gar: 128,400 VND/kg
Ea H'leo, Buôn Hồ: 128,300 VND/kg
In Đắk Nông province:
Gia Nghĩa: 128,600 VND/kg
Đắk R'lấp: 128,500 VND/kg
In Gia Lai province:
Chư Prông: 128,400 VND/kg
Pleiku, La Grai: 128,300 VND/kg
In Kon Tum province:
Coffee prices stood at 128,200 VND/kg.
Futures Market Performance
Both coffee futures markets saw increases in the most recent session. Arabica continued its upward trend, while Robusta showed a slight recovery. The appreciation of Brazil's domestic currency against the USD provided strong support for the New York market rally.
At the close of the latest trading session:
· Robusta prices on the London exchange:
March 2025 contracts increased by 24 USD/ton, reaching 5,558 USD/ton
May 2025 contracts rose by 28 USD/ton, reaching 5,548 USD/ton
· Arabica prices on the New York exchange:
March 2025 contracts climbed 2.45 cents/lb, reaching 383.35 cents/lb
May 2025 contracts rose 3.05 cents/lb, reaching 377.4 cents/lb
Market Analysis
Both coffee futures markets recorded gains in the latest session. Arabica continued its strong upward momentum, setting new record highs, while Robusta saw a modest recovery. A key driver behind New York’s rally was the strengthening of Brazil’s currency against the USD, which provided strong support for Arabica prices.
This marks the ninth consecutive session of price increases for Arabica, reaching the highest level in history. The surge is largely driven by growing concerns over tightening supply.
According to Reuters, Brazil’s Arabica coffee production is expected to drop 12.4% to 34.7 million bags in 2025 due to extreme heat and drought during the pre-flowering stage, which negatively impacted crop yields.
Additional Factors Affecting Coffee Prices
Experts highlight that logistics and shipping costs are also contributing to the rising global coffee prices. Severe port congestion in Brazil has caused significant delays and disruptions at export hubs.
Domestic Coffee Production & Weather Conditions
In Vietnam, over 90% of the total coffee-growing area has already been harvested. Initial estimates projected a 10-15% decline in production compared to the previous season. However, current assessments suggest that the decline may be only around 5%, which is a more optimistic outlook.
Meanwhile, the Central Highlands region is experiencing dry season conditions, with above-average temperatures and low rainfall levels. This weather pattern could further impact coffee bean quality, potentially leading to lower yields and continued price increases.
T.Huong
Source: Kinhtedothi