Coffee prices on the first day of Tet decreased by the highest 1,000 VND/kg

Update coffee prices today January 29, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee January 29, 2025.

Update world coffee prices​​​​

Coffee prices today, January 29, 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).

Lam Dong people roast and grind coffee. Photo: Cam Thao

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 January 29, 2025

On the London floor, at 4:30 a.m. on January 29, 2025, Robusta coffee prices returned to "galloping" growth after a day of slight decline, increasing by 100 - 104 USD/ton, ranging from 5344 - 5560 USD/ton. Specifically, the delivery price for March 2025 is 5560 USD/ton (up 100 USD/ton), the delivery price for May 2025 is 5521 USD/ton (up 101 USD/ton), the delivery price for July 2025 is 5443 USD/ton (up 104 USD/ton) and September 2025 is 5344 USD/ton (also up 104 USD/ton).

Arabica Coffee Price New York January 29, 2025

Similarly, at the end of the trading session, the price of Arabica coffee on the New York floor continued to increase sharply compared to the previous day's price, updated as follows: The delivery period for March 2025 was 357.50 cents/lb (up 8.30 cents/lb), the delivery period for May 2025 was 351.90 cents/lb (up 7.75 cents/lb), the delivery period for July 2025 was 345.10 cents/lb (up 7.65 cents/lb) and the delivery period for September 2025 was 335.95 cents/lb (up 7.60 cents/lb).

Brazilian Arabica coffee price on January 29, 2025

At the end of the trading session, the price of Arabica coffee from Brazil also recorded an extremely strong increase, specifically: The delivery period for March 2025 was 438.55 USD/ton (up 6.55 USD/ton), the delivery period for May 2025 was 436.50 USD/ton (up 10.90 USD/ton), the delivery period for July 2025 was 432.05 USD/ton (up 10.10 USD/ton) and the delivery period for September 2025 was 416.05 USD/ton (up 8.25 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.

Coffee garden laden with fruit in Lam Ha district, Lam Dong province. Photo: Cam Thao

Domestic coffee prices drop by the most 1,000 VND/kg

According to information from Giacaphe.com, at 4:30 a.m. today, January 29, 2025, the first day of the Lunar New Year, domestic coffee prices decreased slightly to an average of 124,300 VND/kg, down 900 VND/kg compared to yesterday.

The highest coffee purchase price in the key regions of the Central Highlands was recorded at 124,500 VND/kg. Specifically, today's coffee price in Dak Lak was 124,300 VND/kg (down 1,000 VND/kg), in Lam Dong was 123,700 VND/kg (down 1,000 VND/kg), in Gia Lai was 124,200 VND/kg (down 800 VND/kg) and in Dak Nong today was 124,500 VND/kg (down 1,000 VND/kg). Dak Nong province still leads the country in coffee purchase price at 124,500 VND/kg, while Lam Dong province has the lowest purchase price at 123,700 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 at 4:30 a.m. on January 29, 2025

According to experts, the price of Arabica coffee in the global market has reached a record high. The main reason is that farmers in Brazil, the world's largest coffee producer, are still hesitant to sell their products. They are worried about the uncertainties related to the upcoming crop and expect coffee prices to continue to rise.

Brazil’s coffee futures sales for the 2025-26 crop are currently running behind the annual average. Only 12% of production has been sold so far, compared with 19% at the same time last year. The long-term average for the period is 21%, reflecting farmers’ caution amid market volatility.

Brazil produces nearly half of the world's arabica coffee beans, the premium variety often used in roasted blends. Last year, the country suffered one of its worst droughts on record, severely affecting production.

At the same time, the falling USD index also contributed to the continued increase in Arabica coffee prices. Conversely, the rapid increase in inventories on the London floor caused Robusta coffee prices to fall.

In Vietnam, many localities have finished this year's harvest. Coffee growers and businesses are now focusing on the first watering and fertilizing to prepare for the flowering and fruiting stages. This is a very important watering period, determining the productivity of coffee trees in the following year's crop.

Source: https://congthuong.vn/gia-ca-phe-ngay-mung-1-tet-giam-cao-nhat-1000-dongkg-371603.html