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Coffee price forecast for tomorrow, January 29, 2025, will increase again

Báo Công thươngBáo Công thương28/01/2025

Coffee price forecast tomorrow January 29, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee January 29, 2025.


Update world coffee prices

On the London floor, at 4:00 p.m. on January 28, 2025, Robusta coffee prices turned sharply down after a week of consecutive price increases, with a decrease of 77 - 84 USD/ton, ranging from 5,240 - 5,460 USD/ton. Specifically, the delivery price for March 2025 was 5,460 USD/ton (down 84 USD/ton), the delivery price for May 2025 was 5,420 USD/ton (down 79 USD/ton), the delivery price for July 2025 was 5,339 USD/ton (down 77 USD/ton) and September 2025 was 5,240 USD/ton (down 78 USD/ton).

 dự báo giá cà phê ngày mai
Lam Dong people roast and grind coffee. Photo: Cam Thao

In contrast, at the end of the trading session, the price of Arabica coffee on the New York floor continued to increase slightly compared to the previous day's price, updated as follows: The delivery period for March 2025 was 349.20 cents/lb (up 1.65 cents/lb), the delivery period for May 2025 was 344.15 cents/lb (up 1.10 cents/lb), the delivery period for July 2025 was 337.45 cents/lb (up 1.05 cents/lb) and the delivery period for September 2025 was 328.35 cents/lb (up 1.15 cents/lb).

Similarly, the price of Arabica coffee from Brazil also recorded: The delivery period in March 2025 was 432.10 USD/ton (up 0.10 USD/ton), the delivery period in May 2025 was 429.15 USD/ton (up 5 USD/ton), the delivery period in July 2025 was 421.95 USD/ton (up 1.40 USD/ton) and the delivery period in September 2025 was 408.90 USD/ton (up 2.65 USD/ton).

Domestic coffee prices slightly decreased

According to information from Giacaphe.com, at 4:00 p.m. today, January 28, 2025, domestic coffee prices continued to remain stable at an average of 124,300 VND/kg, down 900 VND/kg compared to yesterday.

dự báo giá cà phê ngày mai
Paper filter coffee products of Dalat Seed Coffee Company. Photo: Cam Thao

The highest coffee purchase price in the key regions of the Central Highlands was recorded at 124,500 VND/kg. Specifically, today's coffee price in Dak Lak was 124,300 VND/kg (down 1,000 VND/kg), in Lam Dong was 123,700 VND/kg (down 1,000 VND/kg), in Gia Lai was 124,200 VND/kg (down 800 VND/kg) and in Dak Nong today was 124,500 VND/kg (down 1,000 VND/kg). Dak Nong province still leads the country in coffee purchase price at 124,500 VND/kg, while Lam Dong province has the lowest purchase price at 123,700 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 1/29/202 5

In the context of coffee prices on international exchanges falling in yesterday's trading session, experts said that this was not unusual. After a week of consecutive price increases, many investors took profits when they achieved expected profits. However, the domestic market still recorded that farmers had an unexpectedly successful year with unprecedentedly high coffee prices. Coffee prices fluctuated around 115,000-130,000 VND/kg, a historical price.

Looking ahead, from now until the new crop year of 2025, the world market will depend heavily on Vietnam's coffee supply. If people do not sell massively, coffee prices are expected to remain high. Yesterday, experts accurately predicted that coffee prices would fall, but tomorrow, January 29, 2025, the first day of the Lunar New Year, experts predict that domestic coffee prices are likely to turn around and increase again.

Concerns that people and businesses will focus on the traditional Tet holiday and not conduct coffee transactions could lead to an expected price increase of over VND1,000/kg.



Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-2912025-se-tang-tro-lai-371563.html

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