Coffee price today December 4: Free fall, domestic price down to 19,000 VND/kg

World coffee prices

Early morning of December 4 (Vietnam time), on the London floor, the price of Robusta coffee futures for delivery in January 2025 was at 4,626 USD/ton, down 208 USD/ton compared to early morning yesterday. Meanwhile, the price of futures for delivery in March 2025 was at 4,604 USD/ton, down 202 USD/ton compared to the previous trading session.

The price of Arabica coffee on the New York floor for March 2025 delivery was at 295 cents/lb, down 1 cent/lb compared to early this morning. For May 2025 delivery, it was trading at 293 cents/lb, down 1 cent/lb compared to the previous trading session.

Coffee prices today are in free fall. (Illustration photo)

Domestic coffee prices

Domestic coffee prices today also decreased by 19,000 VND/kg, trading at 127,800 - 128,500 VND/kg.

Specifically, in Dak Lak , today's coffee price was purchased at 109,000 VND/kg, down 19,000 VND/kg compared to yesterday.

In Lam Dong , today's coffee price was purchased at 108,000 VND/kg, down 19,800 VND/kg compared to the previous trading session.

In Gia Lai, today's coffee price is trading at 109,000 VND/kg, down 19,000 VND/kg compared to the trading price a day ago.

Coffee prices in Dak Nong province today also recorded a decrease of 19,000 VND/kg, trading at 109,500 VND/kg.

Coffee prices in the last two trading sessions have shocked the market as prices have plummeted.

The Dollar Index jumped nearly 1% yesterday after Mr. Trump announced on social media that he would impose a 100% tariff on BRICS countries if they tried to create a new currency to replace the USD.

Meanwhile, the Brazilian Real weakened, causing the USD/BRL exchange rate to surge 1.42% to a historic high. The widening gap has fueled concerns that Brazilian farmers will sell their coffee to take advantage. This has pulled money out of the coffee market, causing prices to plummet.

Moreover, profit-taking pressure after the correction session at the end of last week increased the pressure, pushing coffee prices to an unprecedented low in a single session. In addition, technical adjustments after the surge also contributed to increasing pressure on prices.

On the fundamental front, the market remains concerned about coffee supplies in major producing countries. The main highlight is the persistently below-average rainfall in Brazil’s main coffee growing region, which has turned the outlook for new crop supply negative. Somar Meteorologia reported that Minas Gerais, Brazil’s largest Arabica coffee growing state, received 17.8 mm of rainfall last week, or 31% of the historical average.

Also with weather concerns, Hedgepoint Consulting in its global market report predicts Brazil's 2025-2026 coffee output at around 65.2 million bags.

Of which, Arabica coffee output is expected to be 42.6 million 60kg bags, down 1.4% compared to the previous crop. The unit also said that their output forecast may change based on the weather situation in the coming time.

Thanh Lam

Source: https://vtcnews.vn/gia-ca-phe-hom-nay-4-12-roi-tu-do-trong-nuoc-giam-toi-19-000-dong-kg-ar911289.html