World coffee prices stabilize
Robusta coffee prices on the London floor updated at 3:00 p.m. on December 26, 2024 ranged from 4,754 to 5,041 USD/ton. Specifically, the delivery period for March 2025 is 5,041 USD/ton; the delivery period for May 2025 is 4,953 USD/ton; the delivery period for July 2025 is 4,858 USD/ton; the delivery period for September 2025 increased by 4,754 USD/ton.
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| Gia Lai people prepare tools to harvest coffee. Photo: Hien Mai |
Similarly, the price of Arabica coffee on the New York floor on the afternoon of December 26, 2024, also fluctuated from 307.45 - 328.60 cents/lb. Specifically, the delivery period for March 2025 is 328.60 cents/lb; the delivery period for May 2025 is 323.35 cents/lb; the delivery period for July 2025 is 315.95 cents/lb and the delivery period for September 2025 is 307.45 cents/lb.
The updated price of Brazilian Arabica coffee is as follows: March 2025 delivery period is 408.60 USD/ton; May 2025 delivery period is 401.45 USD/ton; July 2025 delivery period is 391.10 USD/ton and September 2025 delivery period is 375.35 USD/ton.
Domestic coffee prices increase
According to information from Giacaphe.com, updated coffee prices at 3:30 p.m. today, December 26, 2024, domestic coffee prices remained at 121,500 VND/kg, an increase of +800 VND/kg compared to yesterday.
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| After harvesting, people clean the coffee. Photo: Hien Mai |
The highest coffee purchase price in the key regions of the Central Highlands was recorded at 121,700 VND/kg. Of which, 3 provinces all had an increase of +800 VND/kg (today's coffee price in Dak Lak was 121,500 VND/kg; coffee price in Lam Dong was 121,000 VND/kg; coffee price in Gia Lai today was 121,400 VND/kg). Particularly, coffee price in Dak Nong was 121,700 VND/kg, an increase of +700 VND/kg compared to yesterday.
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.
Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for farmers and coffee purchasing businesses.
Coffee price prediction tomorrow 2 7/12/2024
According to records, coffee prices on December 26, 2024 in the Central Highlands region fluctuated from 120,600 - 121,400 VND/kg, an increase of 700 - 800 VND/kg compared to the previous day.
Based on current market developments, experts predict that domestic coffee prices will increase slightly by VND100-200/kg on December 27, 2024. However, coffee prices also depend on many factors such as weather, harvest situation and exchange rate fluctuations.
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