Today's coffee price , November 26, 2024, on the world market, at 4:30 am, was updated on the Vietnam Commodity Exchange MXV (world coffee prices are continuously updated by MXV, matching the world exchanges, the only channel in Vietnam that continuously updates and links with the world exchanges). Today's online coffee prices of the three main coffee futures exchanges ICE Futures Europe, ICE Futures US and B3 Brazil have been continuously updated by Y5 Cafe throughout the trading hours of the exchange, updated as follows:
The price of Robusta coffee on the London floor at 4:30 a.m. on November 26, 2024 continued to increase and was at 86 - 125 USD/ton, fluctuating between 4,875 - 5,110 USD/ton. Specifically, the delivery period for January 2025 is 5,110 USD/ton (up 125 USD/ton); the delivery period for March 2025 is 5,036 USD/ton (up 113 USD/ton); the delivery period for May 2025 is 4,963 USD/ton (up 104 USD/ton) and the delivery period for July 2025 is 4,875 USD/ton (up 86 USD/ton).
Arabica coffee prices on the New York floor on the morning of November 26, 2024 also continued to increase compared to the previous trading period, increasing from 2.05 - 2.70 cents/lb, fluctuating from 290.35 - 304.80 cents/lb. Specifically, the delivery period for March 2025 is 304.80 cents/lb (up 2.70 cents/lb); the delivery period for May 2025 is 302.25 cents/lb (up 2.65 cents/lb); the monthly period for July 2025 is 296.30 cents/lb (up 2.40 cents/lb) and the monthly period for September 2025 is 290.35 cents/lb (up 2.05 cents/lb).
The price of Brazilian Arabica coffee on the morning of November 26, 2024 increased slightly compared to November 25, an increase of 3.15 to 4.60 USD. Specifically, the delivery period for December 2024 is 390.50 USD/ton (up 4.60 USD/ton); the monthly period for March 2025 is 384.50 USD/ton (down 0.15 USD/ton); the monthly period for May 2025 is 375.65 USD/ton (up 3.50 USD/ton) and the delivery period for July 2025 is 367.60 USD/ton (up 3.15 USD/ton).
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| Domestic coffee prices tomorrow November 27, 2024 |
Since Sunday, November 24, 2024, coffee prices on the above 3 floors have increased for 3 consecutive sessions. According to the assessment, coffee prices tomorrow, November 27, 2024, will continue to grow until the weekend session.
Coffee prices on international exchanges such as London (Robusta coffee) and New York (Arabica coffee) are at their highest level in the past 5 years. The reason is attributed to the decrease in supply in Brazil due to drought and low global coffee inventories, putting upward pressure on prices.
Domestic coffee prices were updated at 4:30 a.m. on November 26, 2024. Domestic coffee prices continued to increase compared to the previous trading session, increasing sharply by about 1,000 VND/kg. Currently, the average coffee purchase price in the Central Highlands provinces is 112,000 VND/kg.
Specifically, the coffee purchase price in Gia Lai province is at 119,900 VND/kg; the coffee purchase price in Dak Nong and Dak Lak provinces is at the highest price of 120,000 VND/kg.
The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 118,800 VND/kg.
Coffee prices today (November 26) in Dak Lak province; in M'gar district, coffee is purchased at 120,000 VND/kg, and in Ea H'leo district, Buon Ho market is purchased at 119,900 VND/kg.
It is predicted that domestic coffee prices will continue to increase tomorrow, November 27, 2024. The increase ranges from 900-1000 VND/kg.
Robusta coffee markets are also under pressure due to tight supplies. Vietnam, the world’s largest producer of robusta, reported an 11.6% month-on-month drop in exports in October and a 11.1% year-on-year drop. Heavy rains in coffee growing regions have delayed harvests, while robusta production in the 2023/24 crop year is expected to fall 20% to a four-year low. This has pushed up robusta prices on the global market.
In the 2024-2025 crop year, global coffee output is estimated at 169.5 million bags, lower than consumption demand of 171 million bags. In Vietnam, supply is facing many challenges. La Nina phenomenon may appear at the end of the year, affecting the harvest. In particular, farmers are not in a hurry to sell because they have stable income from durian and pepper.
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