DAILY: Domestic coffee prices remained unchanged on April 21, 2025
Monday, April 21,2025
AsemconnectVietnam - According to Kinhtedothi, domestic coffee prices remained stable on the morning of April 21, 2025, compared to yesterday, ranging between VND129,000 and 129,700/kg.
DAILY: Domestic coffee prices remained unchanged on April 21, 2025
According to Kinhtedothi, domestic coffee prices remained stable on the morning of April 21, 2025, compared to yesterday, ranging between VND129,000 and 129,700/kg.
- Lam Dong (Di Linh, Lam Ha, Bao Loc): VND129,000/kg
- Dak Lak (Cu M’gar: VND129,700, Ea H’leo & Buon Ho: VND129,600/kg)
- Dak Nong (Gia Nghia, Dak R’lap): VND129,600 – 129,700/kg
- Gia Lai (Chu Prong: VND129,500, Pleiku & La Grai: VND129,400/kg)
- Kon Tum: VND129,500/kg
Global Coffee Prices:
- Robusta (London):
- May 2025: USD 5,253/ton (-135 USD)
- July 2025: USD 5,277/ton (-102 USD)
- Arabica (New York):
- May 2025: 375.5 cents/lb (-0.55 cent)
- July 2025: 372.6 cents/lb (-1.2 cents)
Weekly Summary:
- Robusta (May contract): increased by USD154/ton
- Arabica: increased by 15.5 cents/lb
- Domestic prices rose by VND5,000 – 6,000/kg
Market Outlook:
According to expert Nguyen Quang Binh, two main factors are expected to influence the coffee market this week:
According to expert Nguyen Quang Binh, two main factors are expected to influence the coffee market this week:
- Weakening of the US Dollar (down 8% since the start of the year), which supports commodity prices.
- Certified inventory levels, which remain a key focus for traders and investors.
Additionally, weather conditions in Vietnam are under close watch. Reports indicate that April has seen average rainfall levels, with the rainy season expected to intensify toward the end of the month—positive news for growers and market participants.
Forecast:
- Robusta prices are likely to stay within USD5,280 – 5,300/ton this week.
- Without major changes to US import tariffs, Robusta is unlikely to fall below USD5,000/ton as it did previously.
- The London exchange will be closed on Monday, which may influence early-week market activity.
T.Huong
Source: Vitic
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