Coffee price today 3/23/2025 market increased slightly again

Update coffee prices today March 23, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee March 23, 2025.

Update on stable world coffee prices, maintained at high levels.

Coffee prices today March 23, 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).

People in Dak Lak province harvest coffee

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:

Robusta Coffee Price London March 23, 2025

On the London floor, at 4:30 a.m. on March 23, 2025, the price of Robusta coffee was stable at the end of the trading session and the market was stable at a high level, fluctuating between 5,304 - 5.52 USD/ton. Specifically, the delivery price for May 2025 was 5,515 USD/ton; the delivery price for July 2025 was 5,504 USD/ton; the delivery price for September 2025 was 5,450 USD/ton and the delivery price for November 2025 was 5,364 USD/ton.

Arabica coffee price on New York floor on March 23, 2025

Similarly, the price of Arabica coffee on the New York floor in the early morning of March 23 continued to remain stable, fluctuating between 364.10 and 395.75 cents/lb. Specifically, the delivery period for May 2025 is 390.15 cents/lb; the delivery period for July 2025 is 385.30 cents/lb; the delivery period for September 2025 is 378.80 cents/lb and the delivery period for December 2025 is 368.85 cents/lb.

Brazilian Arabica coffee price on March 23, 2025

At the end of the trading session, the price of Brazilian Arabica coffee fluctuated little compared to the previous trading session. It was recorded as follows: the delivery period in March 2025 was 489.20 USD/ton; the delivery period in May 2025 was 490.30 USD/ton; the delivery period in July 2025 was 485.30 and the delivery period in September 2025 was 472.60 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.

Ripe coffee trees in Dak Lak province

Domestic coffee prices increased slightly again.

According to information from Giacaphe.com, updated at 4:30 a.m. today, March 23, 2025, coffee prices in the Central Highlands increased slightly compared to yesterday's transaction, an increase of 400 - 500 VND/kg, currently the average purchase price is at 134,000 VND/kg.

Specifically, today's coffee price in Dak Lak is 133,900 VND/kg, coffee price in Lam Dong is 132,900 VND/kg, coffee price in Gia Lai is 133,900 VND/kg and coffee price in Dak Nong today is 134,000 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.

Domestic coffee price list updated on the morning of March 23, 2025

Last week, Robusta coffee prices recovered strongly due to concerns about reduced supply from Vietnam and Indonesia, causing the world market for this type of coffee to increase for many consecutive sessions, creating opportunities for Vietnamese coffee exporting enterprises.

In addition, currently, major markets such as the US and Europe continue to increase coffee imports, especially Robusta, to serve instant coffee production, which has supported the increase in coffee prices.

Major coffee growing regions in Vietnam and Brazil are forecast to enter peak harvest periods, creating short-term downward pressure on prices. A stronger US dollar makes coffee more expensive for importing markets, reducing purchasing power.

According to the Vietnam Coffee and Cocoa Association (VICOFA), Vietnam's coffee export turnover exceeded the 2 billion USD mark in just the first 2.5 months of 2025. In particular, in the first 15 days of March, the sharp increase in world coffee prices led to a significant increase in Vietnam's export turnover.

Brazil and Vietnam are the world's two largest coffee producers, accounting for nearly 50% of global output. Meanwhile, the European Union and the United States are the largest coffee consuming and importing markets.

Experts say coffee prices are currently under profit-taking pressure after the USD appreciated against other major currencies. In its recent policy meeting, the Fed decided to keep its basic interest rate in the range of 4.25% - 4.50%, and is expected to cut interest rates twice, each time by 0.25 percentage points by the end of this year.

Global coffee production in 2024/25 is expected to increase by 4% year-on-year to 174.855 million bags, according to the USDA report. However, ending stocks are forecast to decline by 6.6% to a 25-year low.

Source: https://congthuong.vn/gia-ca-phe-hom-nay-2332025-thi-truong-tang-nhe-tro-lai-379514.html