World coffee prices today January 3, 2025: Skyrocketing

World coffee prices skyrocket

Coffee prices today January 3, 2025 on the world market, at 4:00 a.m. 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).

People in Gia Lai harvest organic coffee beans. Photo: Hien Mai

Coffee prices at 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, updated as follows:

London Robusta coffee price on January 3, 2025 increased to a record high

At the end of the trading session, the price of Robusta coffee on the London floor at 4:00 a.m. on January 3, 2025 had an unprecedented record high price increase of 163-181 USD/ton, fluctuating between 4804 - 5056 USD/ton. Specifically, the delivery period for March 2025 is 5056 USD/ton (up 181 USD/ton); the delivery period for May 2025 is 4977 USD/ton (up 172 USD/ton); the delivery period for July 2025 is 4892 USD/ton (up 165 USD/ton); the delivery period for September 2025 increased by 4804 USD/ton (up 163 USD/ton).

New York Arabica Coffee Price January 3, 2025

Similarly, the price of Arabica coffee on the New York floor on the morning of January 3, 2025, also had a strong increase from 7.10 - 7.80 cents/lb, ranging from 309.80 - 326.85 cents/lb. Specifically, the delivery period for March 2025 is 326.85 cents/lb (up 7.10 cents/lb), the delivery period for May 2025 is 322.10 cents/lb (up 7.25 cents/lb); the delivery period for July 2025 is 316.15 cents/lb (up 7.70 cents/lb) and the delivery period for September 2025 is 309.80 cents/lb (up 7.80 cents/lb).

Brazilian Arabica Coffee Price January 3, 2025

At the end of the trading session, the price of Brazilian Arabica coffee on the morning of January 3, 2025 mostly increased, updated as follows: The increase ranged from 1.90 - 6.80 USD/ton, ranging from 393.80 - 410.90 USD/ton. Specifically, the delivery period in March 2025 was 410.90 USD/ton (up 1.90 USD/ton); the delivery period in May 2025 was 401.75 USD/ton (up 6.80 USD/ton); the delivery period in July 2025 was 393.80 USD/ton (up 5.80 USD/ton). In particular, the delivery period in September 2025 decreased to 373.00 USD/ton (down 1.35 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.

High quality coffee beans have been classified by Gia Lai people. Photo: Hien Mai

Domestic coffee prices remain stable

According to information from Giacaphe.com, updated coffee prices at 4:00 a.m. today, January 3, 2025, domestic coffee prices are moving sideways, remaining stable at an average of 119,500 VND/kg, up +100 VND/kg compared to the previous trading session.

The highest coffee purchase price in key regions of the Central Highlands is still recorded at 119,500 VND/kg. Specifically, today's coffee price in Dak Lak is 119,500 VND/kg, an increase of +100 VND/kg; the remaining Central Highlands provinces still keep the same price compared to the previous trading session (coffee price in Lam Dong is 118,700 VND/kg; coffee price in Gia Lai is 119,400 VND/kg and coffee price in Dak Nong today is 119,500 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.

Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for you.

Domestic coffee price list updated at 4:00 a.m. on January 3, 2025

The global coffee market is undergoing significant volatility, influenced by factors such as climate, trade policy and consumption. Coffee production is expected to increase, but there are still many challenges to overcome.

According to a survey, coffee consumption is also on the rise, especially in emerging markets. Global demand is forecast to increase by about 3% – 5% in 2025, reaching about 180 million bags. This growth is mainly due to increased consumption in Asia and Africa.

Global coffee prices have fluctuated strongly in the second half of 2024 and the first days of 2025. Robusta coffee prices are fluctuating around 5,000 USD/ton, while Arabica coffee prices are around 320.00 cents/lb. This fluctuation is mainly due to unstable weather conditions and concerns about future production.

Beyond the experts’ predictions, the world coffee market had a record high trading session last night. In addition, trade and tariff policies can also cause difficulties for exporters. Therefore, producers and traders need to closely monitor the influencing factors to have appropriate strategies to take advantage of opportunities and minimize risks.

Source: https://congthuong.vn/gia-ca-phe-the-gioi-hom-nay-312025-tang-phi-ma-367628.html