Coffee price forecast tomorrow February 8, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee February 8, 2025.
Update world coffee prices
On the London floor, at 4:00 p.m. on February 7, 2025, Robusta coffee prices recorded mixed trading sessions. Specifically, the delivery price for March 2025 was 5,633 USD/ton (down 10 USD/ton), the delivery price for May 2025 was 5,646 USD/ton (up 0 USD/ton), the delivery price for July 2025 was 5,601 USD/ton (up 21 USD/ton) and September 2025 was 5,535 USD/ton (up 47 USD/ton).
People in Lam Ha district, Lam Dong province harvest ripe coffee. Photo: Cam Thao |
At the end of the trading session, Arabica coffee prices on the New York floor continued to increase for the 11th consecutive session, increasing from 6.20 - 8.55 cents/lb, ranging from 378.80 - 403.95 cents/lb. Specifically, the delivery period for March 2025 is 403.95 cents/lb (up 6.20 cents/lb), the delivery period for May 2025 is 397.10 cents/lb (up 6.45 cents/lb), the delivery period for July 2025 is 388.75 cents/lb (up 7.35 cents/lb) and the delivery period for September 2025 is 378.80 cents/lb (up 8.55 cents/lb).
Similarly, at the end of the trading session, the price of Brazilian Arabica coffee also continued to increase, recorded as follows: The delivery period for March 2025 was 496.05 USD/ton (up 0.85 USD/ton), the period for May 2025 was 491.00 USD/ton (up 7.35 USD/ton) and the period for July 2025 was 489.75 USD/ton (up 9.70 USD/ton). In particular, the delivery period for September 2025 decreased slightly to 469.50 USD/ton (down 1 USD/ton).
Domestic coffee prices remain almost flat .
According to information from Giacaphe.com, at 4:00 p.m. today, February 7, 2025, domestic coffee prices have increased again compared to yesterday, at an average of 130,500 VND/kg, an increase of 100 VND/kg.
Roasted coffee products are certified as Vietnam's golden agricultural brand in 2024. Photo: Cam Thao |
The highest coffee purchase price in the key regions of the Central Highlands was recorded at 130,500 VND/kg, the same as yesterday's price. Specifically, today's coffee price in Dak Lak is 130,500 VND/kg (up 100 VND/kg), coffee price in Lam Dong is 129,500 VND/kg (up 0 VND/kg), coffee price in Gia Lai is 130,500 VND/kg (up 100 VND/kg) and coffee price in Dak Nong today is 130,500 VND/kg (up 100 VND/kg). Thus, there are 3 provinces including Dak Lak, Gia Lai and Dak Nong with the same purchase price of 130,500 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 8/2/202 5
Robusta coffee prices are currently under pressure due to increased exports from Vietnam. According to data from the General Statistics Office, Vietnam exported 134 thousand tons of coffee in January 2025, up 5% compared to the previous month, although trade activities were slightly affected by the Lunar New Year holiday.
Meanwhile, Arabica coffee prices continued to hit new highs. The New York contract for Arabica surpassed $4 per pound, setting a new all-time high after 11 consecutive trading sessions. The price increase was mainly due to speculators continuing to buy amid limited supplies.
However, the market is also facing difficulties. Some traders note that many investors are facing financial difficulties due to bets on the wrong direction of the market. In addition, there are concerns that US President Donald Trump may impose trade tariffs on major coffee-producing countries in South America.
The sharp price increase has had an impact on the coffee retail market, with roasters in Brazil concerned that the current situation could lead some companies to offer lower-quality coffee domestically to attract consumers who are struggling financially.
Arabica prices were also supported by the Brazilian real rising to a 2-1/2-month high against the dollar, reducing selling momentum from Brazilian coffee exporters.
On the contrary, in the domestic market, today (February 7) there was almost no fluctuation, only increasing by an average of 100 VND/kg compared to yesterday. Forecasting for tomorrow (February 8), experts said that domestic coffee prices will hardly be able to stay at today's level of 130,500 VND/kg and may decrease by more than 1,000 VND/kg.
Source: https://congthuong.vn/du-bao-gia-ca-phe-trong-nuoc-ngay-822025-quay-dau-giam-372760.html
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