Update coffee prices today February 16, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee February 16, 2025.
Update world coffee prices
Coffee prices today, February 16, 2025, on the world market, at 4:30 am, updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching world exchanges, the only channel in Vietnam that continuously updates and links to world exchanges).
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| Ripe red coffee bunches in the coffee garden of Gia Lai people. Photo: Hien Mai |
Coffee prices on the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil are continuously updated by Y5Cafe during the trading hours of the exchange and are updated as follows:
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| Robusta Coffee Price London February 16, 2025 |
On the London floor, at 4:30 a.m. 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.
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| Arabica Coffee Price New York February 16, 2025 |
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.
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| Brazilian Arabica coffee price on February 16, 2025 |
At the end of the trading session, the price of Brazilian Arabica coffee also remained unchanged, recorded as follows: March 2025 delivery period was 510.45 USD/ton, May 2025 delivery period was 500.00 USD/ton, July 2025 delivery period was 495.85 USD/ton and September 2025 delivery period was 478.00 USD/ton.
Robusta coffee traded on the ICE Futures Europe (London exchange) opens at 16:00 and closes at 00:30 (next day) Vietnam time. Arabica coffee traded on the ICE Futures US (New York exchange) opens at 16:15 and closes at 01:30 (next day) Vietnam time. For Arabica coffee traded on the B3 Brazil exchange, it will open from 19:00 - 02:35 (next day) Vietnam time.
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| Packaged coffee of Dalat Seed Coffee Company Limited. Photo: Cam Thao |
Domestic coffee prices continue to fall sharply
According to information from Giacaphe.com, at 4:30 a.m. today, February 16, 2025, domestic coffee prices continued to decrease sharply, at an average of 131,000 VND/kg, down 1,400 VND/kg compared to yesterday.
The highest purchase price in key areas of the Central Highlands was recorded at 131,000 VND/kg. Specifically, today's coffee price in Dak Lak is 131,000 VND/kg (down 1,300 VND/kg), in Lam Dong is 129,500 VND/kg (down 1,500 VND/kg), in Gia Lai is 131,000 VND/kg (down 1,300 VND/kg) and in Dak Nong today is 131,000 VND/kg (down 1,500 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.
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| Domestic coffee price list updated at 4:30 a.m. on February 16, 2025 |
According to statistics, Vietnam's coffee exports in 2024 will reach 1.3 million tons with a value of up to 5.62 billion USD. Although the export volume decreased by 17.1% compared to the previous year, the export value increased by 32.5%, showing that the average export coffee price reached 4,178 USD/ton, an increase of 59.9% compared to 2023.
In 2024, Germany, Italy and Spain will be the three largest coffee consuming markets of Vietnam, accounting for 10.7%, 8.2% and 7.9% of the market share, respectively. Coffee exports will grow strongly in all markets in the group of 15 largest markets, of which Malaysia will record a double-digit increase, while the Netherlands will increase by 94%. Belgium is the market with the lowest increase, only 9.3%.
Based on data from the Ministry of Agriculture and Rural Development, in January 2025, coffee exports are estimated to reach 140 thousand tons with a value of 763 million USD, down 41.1% in volume but up 5% in value compared to the same period in January 2024. The average export price of coffee in January 2025 is estimated at 5,450 USD/ton, up 78.5% over the same period last year.
Current coffee prices have exceeded the forecasts of many businesses. In this context, exporting businesses are forced to buy at higher prices and sell at higher prices according to market prices, instead of fixing prices in advance.
Mr. Phan Minh Thong, General Director of Phuc Sinh Joint Stock Company, commented that coffee buyers around the world will flock to Vietnam and Indonesia to find supplies. It is expected that coffee exports this year will earn more than 6 billion USD, possibly even reaching 7 billion USD, which is a positive signal for the coffee industry.
In the context of high coffee prices, farmers will gain great profits, however, businesses also face both challenges and opportunities. To maximize benefits, businesses need to limit buying from far away and selling from far away and create close links with farmers, in order to develop high-quality and sustainable coffee gardens. At the same time, promoting Robusta coffee as a quality alternative with lower prices is also a necessary direction.
Source: https://congthuong.vn/gia-ca-phe-hom-nay-1622025-tiep-tuc-giam-manh-374026.html
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