After the Lunar New Year, the increased sales volume pushed the London coffee price down. However, according to experts' analysis, coffee prices on both derivatives exchanges are currently less affected by supply and demand information, but mainly by speculation and the macro-economic picture, as well as trade and currency wars between countries.
Coffee price today 3/1/2025
World coffee prices fell sharply this week after rising too strongly earlier.
At the end of the week, the price of Robusta coffee futures for delivery in May 2025 decreased by 387 USD/ton. The price of Arabica coffee futures for delivery in May 2025 decreased by 16.2 cents/lb. Thus, in February 2025, the price of Robusta coffee decreased sharply, while Arabica increased slightly.
In recent days, the prices of the two coffee exchanges have fluctuated quite strongly between the highest/lowest levels. The prices of both exchanges tried to break into the positive zone, seemingly standing firm, but closed down slightly due to the strong increase of the USD. In addition, the local currency of Brazil - Real Coffee prices fell to a three-week low, along with a strong US dollar, pulling them back down.
Not only coffee prices, gold prices also sank below $2,900/ounce and many other agricultural product prices, while WTI oil returned to over $70/barrel.
The USDX index rose sharply for the second consecutive day from February 27, as investors worried about a series of tariffs that President Donald Trump was preparing to impose on many partners including Canada, Mexico, and China.
Meanwhile, Arabica coffee prices are expected to continue rising this month as meteorologists warn that recent dry weather in Brazil has resulted in smaller bean sizes and reduced bean quality. It is currently the off-season for Brazilian coffee, and supplies are no longer plentiful. Brazil's new harvest will begin in July and according to Conab's forecast, the country's output will be the lowest in the past three seasons, at nearly 60 million bags (60kg), down 4.4% from the previous season.
According to World & Vietnam , at the end of this week's trading session (February 28), the price of robusta coffee on the ICE Futures Europe London exchange for delivery in May 2025 continued to decrease by 46 USD, trading at 5,330 USD/ton. The delivery in July 2025 decreased by 47 USD, trading at 5,290 USD/ton. Trading volume was low.
Arabica coffee prices on the ICE Futures US New York exchange, delivery term May 2025 continued to decrease by 0.55 cents, trading at 373.05 cents/lb. Meanwhile, delivery term July 2025 decreased by 0 cents, trading at 364.75 cents/lb. Trading volume is high.
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| Domestic coffee prices on February 28 decreased by 500 VND/kg in some key purchasing localities. (Source: YouTube) |
Coffee prices today, March 1, range from 127,000 - 129,000 VND/kg. Thus, domestic coffee prices last week lost an average of 5,000 VND/kg, but remained stable at a high price throughout the past month.
Domestic coffee prices on February 28 decreased by 500 VND/kg in some key purchasing localities. Unit: VND/kg
(Source: giacaphe.com) |
The Government Office has just issued Document No. 1407/VPCP-NN announcing the direction of Deputy Prime Minister Tran Hong Ha regarding the press information reflecting "Vietnam's food exports are warned by the EU".
Accordingly, many types of food are continuously warned by the EU, putting Vietnam at risk of losing its billion-dollar export market if there are no timely corrective measures.
The reason is that some businesses have not registered products containing new food ingredients, violating European approval procedures. Many cases of incorrect declarations according to registration documents about raw materials, especially ingredients that can cause allergies to consumers, raise major concerns about transparency and food safety.
More seriously, some products contain additives that are not allowed to be used or exceed the prescribed level, forcing the EU to order an immediate recall. Or many shipments contain animal ingredients but do not undergo veterinary quarantine at the border, directly violating EU biosafety regulations.
Deputy Prime Minister Tran Hong Ha assigned the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade, according to their assigned functions, tasks and authority, to urgently direct and drastically and effectively implement measures to enhance information, dissemination and guidance for production and trading establishments of agricultural products and exported food to regularly update and fully implement regulations on hygiene, food safety and disease safety of export markets.
Along with that, strengthen inspection and supervision of raw material areas, preliminary processing, processing and packaging facilities to ensure compliance with regulations on epidemiological hygiene measures and animal and plant quarantine, avoid food safety warnings, affecting the reputation and brand of Vietnamese agricultural products and food in the international market.
Source: https://baoquocte.vn/gia-ca-phe-hom-nay-132025-gia-ca-phe-robusta-mat-gan-400-usd-trong-tuan-thi-truong-do-dau-co-quyet-dinh-canh-bao-tren-thi-truong-thuc-pham-eu-305964.html
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