Coffee price forecast tomorrow 2/3/2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee 2/3/2025.
Update world coffee prices
On the London floor, at 4:00 p.m. on February 2, 2025, the price of Robusta coffee remained unchanged compared to yesterday, fluctuating from 5,523 to 5,718 USD/ton. Specifically, the delivery price for March 2025 is 5,718 USD/ton, the delivery price for May 2025 is 5,694 USD/ton, the delivery price for July 2025 is 5,618 USD/ton and September 2025 is 5,523 USD/ton.
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| Ripe red coffee berries. Photo: Hien Mai |
Similarly, the price of Arabica coffee on the New York floor also did not fluctuate compared to the previous day's price, updated as follows: March 2025 delivery period is 377.85 cents/lb, May 2025 delivery period is 371.35 cents/lb, July 2025 delivery period is 364.05 cents/lb and September 2025 delivery period is 354.55 cents/lb.
At the end of the trading session, the price of Arabica coffee from Brazil was recorded, specifically: The delivery period for March 2025 was 464.50 USD/ton, the delivery period for May 2025 was 458.80 USD/ton, the delivery period for July 2025 was 457.10 USD/ton and the delivery period for September 2025 was 440.00 USD/ton.
Domestic coffee prices continue to move sideways
According to information from Giacaphe.com, at 4:00 p.m. today, February 2, 2025, domestic coffee prices remained stable at an average of 128,900 VND/kg compared to the previous trading session.
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| Thai Chau Da Lat finished coffee. Photo: Nguyen Phuong |
The highest coffee purchase price in key regions of the Central Highlands was recorded at 129,000 VND/kg. Specifically, today's coffee price in Dak Lak was 128,800 VND/kg, in Lam Dong was 127,800 VND/kg, in Gia Lai was 128,800 VND/kg, in Dak Nong was 129,000 VND/kg and in Kon Tum was recorded at 128,300 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 3/2/202 5
The coffee market is currently being heavily influenced by bullish speculation, especially on the prospects of the new crop in Brazil. Recent forecasts indicate that the total coffee production in the upcoming season may be lower than initially forecast, creating a shortage of supply and price pressure in the domestic market of Brazil.
Although the new crop is still in its development stage, some believe that coffee supplies will remain stable to meet both domestic and export demand from the harvest expected in the second half of 2025. The National Coffee Association (NCA) also forecasts that the coffee industry in the United States, the world's largest economy, will grow slightly next year, with coffee consumption estimated at 24 million bags per year. Sales in 2024 are expected to reach $19.7 billion and are expected to increase slightly this year.
In Vietnam, Ms. Nguyen Vi Ha - Deputy Director of Nong Nguyen Company Limited (Di Linh District, Lam Dong) said that last week, domestic coffee prices approached the 130,000 VND/kg mark, an average increase of about 3,500 VND/kg compared to the previous week. Ms. Ha explained that this price is not surprising because the Lunar New Year holiday caused most commercial activities to stop trading.
“Due to the unpredictable price of coffee recently, our company does not have enough resources to stock up before Tet, leading to no goods to sell to partners,” Ms. Ha added.
Regarding the forecast for coffee prices tomorrow, February 3, 2025, Ms. Ha commented that prices may remain stable or decrease, instead of continuing to increase like a few days ago.
Source: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-322025-van-giu-on-dinh-371909.html
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