Coffee prices today, February 4, unexpectedly dropped. The continuous increase and decrease in coffee prices is what makes gardeners feel confused.
According to Giacaphe.com, the current coffee price in Dak Lak is 128,000 VND/kg, down 2,800 VND/kg, down 2,500 VND compared to yesterday. Meanwhile, the coffee price in Lam Dong is currently 127,200 VND/kg, down 2,500 VND/kg compared to yesterday. The coffee price in Gia Lai today is 128,000 VND/kg, down 2,500 VND/kg compared to yesterday. The coffee price in Dak Nong today is 128,200 VND/kg, down 2,500 VND compared to yesterday. The current coffee price in Kon Tum is purchased at 128,000 VND/kg, down 2,000 VND/kg compared to yesterday.
Today's coffee price, February 4, 2025, averaged at 128,100 VND/ kg , down sharply by 2,500 compared to the previous day. The highest coffee purchase price in key regions of the Central Highlands (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Kon Tum) was recorded at 128,200 VND/kg .
According to economic experts , Vietnamese farmers selling coffee heavily on the first day of the new year also created a wave of profit-taking on the market. Previously, coffee prices were said to have peaked during Tet, the sharp drop in prices made many people fall into a state of fear.
Online coffee prices traded on the world's two largest exchanges, robusta London (ICE Futures Europe) and arabica New York (ICE Futures US), are accurately stored by the system after each trading session and referenced on this price list. World coffee prices today also recorded a slight decrease.
On the New York floor, Arabica coffee prices had the opposite trend, increasing sharply, at times up to 11.1%. However, the closing price only increased slightly by less than 1%. The price of Arabica coffee for delivery in March 2025 increased by 70 USD/ton, to 8,400 USD.
Meanwhile, at the London - UK exchange, coffee prices fell sharply by 2.88% - 3.22% compared to the trading session at the end of last week. The delivery period for March 2025 decreased by 184 USD/ton to 5,534 USD. The delivery period for May 2025 decreased by 174 USD/ton to 5,520 USD.
According to Intellectual Property
Source: https://doanhnghiepvn.vn/kinh-te/gia-ca-phe-hom-nay-ngay-4-2-gia-ca-tang-giam-chong-mat-nguoi-dan-buon-vui-lan-lon/20250204122915052
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