Coffee price today April 24, 2025: Continue to decrease slightly

Domestic coffee prices today

Domestic coffee prices today, April 24, 2025 in the Central Highlands region continued to decrease slightly compared to yesterday, fluctuating between 128,900 - 129,400 VND/kg.

Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 129,400 VND/kg. A decrease of 100 VND/kg compared to yesterday.

Similarly, coffee price in Dak Lak province is 129,400 VND/kg, down 100 VND/kg compared to yesterday.

Coffee prices in Gia Lai province remained unchanged and were traded at VND129,300/kg.

In Lam Dong province, coffee prices decreased by VND100/kg and reached VND128,900/kg.

In the past 4 days, the coffee market has had no clear reference price, plus many conflicting information flows, making it extremely difficult to predict price trends.

Mr. Nguyen Dac Dat, Director of Nga Thanh Trading Company Limited (Dak Nong), shared that in his 12 years working in the coffee purchasing industry, he has never seen prices fluctuate the same year after year, so it is difficult to find a pattern. Currently, the market is almost frozen as buyers and sellers cannot agree on prices, causing transactions to almost stop. Buying and selling activities mainly take place with small, urgent orders to serve domestic roasters.

Mr. Dat said that coffee can be stored in warehouses for 2 to 3 years while still maintaining its quality. However, in recent years, coffee production has decreased sharply due to unfavorable weather, low productivity and many coffee growing areas being converted to other crops or urbanized.

World coffee prices today

Coffee prices on the world market fell sharply on both exchanges:

Robusta Coffee (London):

Delivery in May 2025: Up 118 USD/ton, to 5,349 USD/ton.

Delivery in July 2025: Up 86 USD/ton, to 5,343 USD/ton.

Arabica Coffee (New York):

May 2025 delivery: Up 12.25 cents/lb, to 385 cents/lb.

July 2025 delivery: Up 11.5 cents/lb, to 378 cents/lb.

Globally, Brazil is also facing a production decline. Its 2025-2026 crop is estimated to be 3% to 6.4% lower than the previous season due to prolonged dry weather in 2024.

Dutch bank Rabobank forecasts Brazil's coffee output next season will reach only 62.8 million bags (60kg), down 6.4% from the estimated 67.1 million bags in the 2024-2025 crop. Of which, Arabica coffee output is expected to fall sharply by 13.6% to 38 million bags. In return, Robusta output could increase by 7.3% to a record 24.7 million bags.

Rabobank said that dry weather in 2024 severely affected flowering, significantly reducing Arabica production. However, the outlook for Robusta remained positive, despite the poor situation in Rondonia state.

Meanwhile, Itau BBA Bank kept its production forecast at 64.4 million bags, 3% lower than the 66.4 million bags given by the US Department of Agriculture (USDA) for the previous crop year. The bank believes that arabica will fall 10% to 40.9 million bags, while robusta will increase 12% to 23.5 million bags.

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Source: https://baonghean.vn/gia-ca-phe-hom-nay-24-4-2025-tiep-tuc-giam-nhe-10295789.html