Coffee price forecast tomorrow February 17, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee February 17, 2025.
Update world coffee prices
On the London floor, at 16:00 on February 16, 2025, Robusta coffee prices were recorded at a stable price compared to yesterday. Specifically, the delivery price for March 2025 was 5,735 USD/ton, the delivery price for May 2025 was 5,726 USD/ton, the delivery price for July 2025 was 5,674 USD/ton and September 2025 was 5,599 USD/ton.
Coffee roasting process of Seed Coffee Company Limited. Photo: Cam Thao |
Similarly, at the end of the trading session, Arabica coffee prices on the New York floor also had a stable trading session. Specifically, the March 2025 delivery period was 419.75 cents/lb, the May 2025 delivery period was 407.40 cents/lb, the July 2025 delivery period was 393.40 cents/lb and the September 2025 delivery period was 379.80 cents/lb.
At the end of the trading session, the price of Brazilian Arabica coffee also remained unchanged, recorded as follows: The delivery period for March 2025 was 510.45 USD/ton, the delivery period for May 2025 was 500.00 USD/ton, the delivery period for July 2025 was 495.85 USD/ton and the delivery period for September 2025 was 478.00 USD/ton.
Domestic coffee prices are stable .
According to information from Giacaphe.com, at 4:00 p.m. today, February 16, 2025, domestic coffee prices are holding at an average of 131,000 VND/kg, unchanged from yesterday.
Finished coffee products of Seed Coffee Company Limited. Photo: Cam Thao |
The highest purchase price in key areas of the Central Highlands is still recorded at 131,000 VND/kg. Specifically, today's coffee price in Dak Lak is 131,000 VND/kg, in Lam Dong is 129,500 VND/kg, in Gia Lai is 131,000 VND/kg and in Dak Nong today is 131,000 VND/kg.
The domestic coffee prices that Giacaphe.com lists every day are calculated based on the prices of two world coffee exchanges combined with continuous surveys from businesses and purchasing agents in key coffee growing areas across the country.
Coffee price forecast tomorrow 1 7/2/2025
This morning, the Dollar Index (DXY), an index measuring the value of the USD against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 106.71, down 0.03 points compared to February 15, 2025. This is a slight decrease but also marks a decline to the lowest level in the past 9 weeks.
The decline in the DXY index came amid data showing that US retail sales fell more than expected in January, prompting traders to increase bets that the US Federal Reserve will cut interest rates twice this year to stimulate the economy.
Meanwhile, the global coffee market is also in turmoil. Recent forecasts of a coffee shortage have pushed prices to record highs this past week. The new US administration’s international trade policies are having a major impact on the global coffee industry, with major producing countries such as South America, India and Indonesia under scrutiny.
Experts predict that coffee prices will continue to stay high and stable tomorrow, February 17, 2025, but it is still necessary to closely monitor economic and political factors that may impact the market in the coming time.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-1722025-giu-da-on-dinh-374063.html
Comment (0)