Update world coffee prices
Today, Sunday weekend, coffee exchanges around the world are not trading. Therefore, the price of Robusta coffee on the London trading floor, updated at 3:30 p.m. on December 29, 12, remains unchanged from yesterday’s price, ranging from 2024 4726 to 4953 3 USD / ton. Specifically, the delivery time in March 2025 is USD 4953/ton; The delivery time in May 2025 is USD 4884.7/ton; The delivery time in July 2025 is USD 4814/ton and the delivery time in September 2025 is USD 4726/ton.
| The people of Lam Dong harvest coffee. Photo: Nguyen Phuong |
Likewise, the price of Arabica coffee on the New York market did not change compared to yesterday, oscillating between 303.70 and 322.65 cents/lb. Specifically, the delivery time on March 3 is 2025 cents/lb; The delivery period for May 322.65 is 5 cents/lb; The July 2025 delivery period is 317.60 cents/lb and the September 7 delivery period is 2025 cents/lb.
Brazilian Arabica coffee prices also remained unchanged, ranging from USD 374.30 to USD 402.55/ton. Specifically, the delivery time in March 3 is 2025 USD/ton; May 402.55 delivery time is 5 USD/ton; The delivery time in July 2025 is 395.80 USD/ton, and the delivery time in September 7 is 2025 USD/ton.
Domestic coffee prices have fallen
According to information from Giacaphe.com, updated at 3:30 p.m. today, December 29, 12, national coffee prices move sideways on average at 2024 120,900 VND/kg.
The highest price of coffee purchased in key regions of the Central Highlands is still recorded at 121.000 VND/kg. In particular, the current price of coffee is Ắk Lắk at 120.800 VND/kg; Coffee price in Lâm Đồng has a price of 120.300 VND/kg; Coffee price in Gia Lai Today the price is 121.800 VND/kg and the price of coffee is k Nong Today its price is still 121.000 VND/kg.
The national coffee price that Giacaphe.com lists each day is calculated based on the price of two global coffee floors combined with ongoing surveys of companies and purchasing agents in major coffee growing areas throughout the country.
Y5Cafe always tries to stay as close to each region as possible, but there will be days when the price listed does not completely match the price of coffee people buy locally, but Y5Cafe believes the information listed is a source of information precious. information for people and businesses who buy coffee.
Estimate the price of tomorrow’s coffee 30/ 12 / 2024
Based on market information and signals, experts predict that coffee prices are expected to continue to decline slightly tomorrow, December 30, 12, in domestic and international markets.
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| Thai Chau Da Milk Pure Coffee Co., Ltd. torrefies and molds the coffee. Photo by : Nguyen Phuong |
For the domestic market, coffee prices in the Central Highlands provinces may decrease further by 100-300 VND/kg, fluctuating between 120.000 and 120.900 VND/kg. In the international market, Robusta and Arabica coffee prices may maintain a slight downward trend due to pressure from speculative activities and a stronger dollar.
The main reason remains speculative pressure: after the Christmas holidays, speculators increased their sales to take profits, thus creating downward pressure on prices on both exchanges. In addition, the coffee harvest in Vietnam is increasing and the rising dollar also leads to a decline in coffee prices.
