DAILY: Domestic coffee prices decreased on April 18, 2025
Friday, April 18,2025
AsemconnectVietnam - According to Kinhtedothi, domestic coffee prices in Vietnam on April 18, 2025, ranged from 131,300 to 132,200 VND/kg, marking a 7,000 VND/kg increase since the start of the week.
In Di Linh, Lam Ha, and Bao Loc districts (Lam Dong province):131,200 VND/kg.
In Cu M'gar district (Dak Lak):132,200 VND/kg. In Ea H'leo and Buon Ho (Dak Lak):132,100 VND/kg.
In Dak Nong province: 132,300 VND/kg;
In Gia Nghia and Dak R’lap: 132,200 VND/kg.
In Gia Lai province: 132,200 VND/kg in Chu Prong, and 132,100 VND/kg in Pleiku and La Grai.
In Kon Tum province: 132,100 VND/kg.
The domestic coffee market has reversed course and declined compared to the same time yesterday morning.
Global coffee market:
At the close of the latest trading session, Robusta coffee prices in London dropped sharply. The May 2025 contract fell by 135 USD/ton to 5,253 USD/ton, while the July 2025 contract decreased by 102 USD/ton to 5,277 USD/ton.
On the New York exchange, Arabica coffee for May 2025 delivery dropped 0.55 cents/lb to 375.5 cents/lb, and the July 2025 contract fell 1.2 cents/lb to 372.6 cents/lb.
The global coffee market has reversed after a strong rally earlier in the week. According to expert Nguyen Quang Binh, there are three main reasons for this reversal:
- Rising inventories;
- A strengthening US dollar;
- Speculative liquidation ahead of the upcoming long holiday period.
This weekend marks Easter 2025 for Christians worldwide.
Meanwhile, in early trading on April 18, the US Dollar Index (DXY), which measures the greenback against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), rose by 0.02% to 99.40.
The US dollar gained as the euro weakened slightly after the European Central Bank (ECB) conducted its seventh interest rate cut within a year.
According to the Ministry of Agriculture and Environment, domestic and export coffee prices had previously surged following the US decision to temporarily suspend retaliatory tariffs on trading partners, including Vietnam.
Experts note that the primary driver of the recent recovery in coffee prices was not supply and demand, but rather the weakening of the US dollar. This led financial investors to lose confidence in the greenback and shift toward commodities traded in USD — including coffee.
Vietnam's coffee export revenue reached USD2.8 billion, up 45.8% despite a decline in volume. Meanwhile, seafood exports reached USD2.3 billion, up 19.2%.
This marks the first time that coffee has surpassed seafood in export value, ranking second only to wood products in the group of agricultural, forestry, and fishery exports.
T.Huong
Source: Vitic
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