Coffee prices continue to set records

Prices have risen due to tight global supplies and concerns about dry weather affecting coffee production in major producing countries such as Vietnam and Brazil. Prices have risen to unprecedented highs, bringing many benefits to growers.

Talking to reporters, some coffee purchasing agents in the Central Highlands said that although coffee prices have increased, purchasing is still difficult, and many farmers continue to wait for prices to increase.

Ms. Nguyen Thi Hien, a farmer in Kon Tum province, said that since morning she has received many phone calls from agents asking to buy goods when prices go up, but she has no intention of selling.

"About a month ago, my family sold 6 tons of coffee at 133,000 VND/kg, so we don't need the money yet. We still have about 8 tons of coffee and are waiting to see what the price is before deciding what to do next," said Ms. Hien.

According to the Vietnam Coffee and Cocoa Association, if the upward trend continues, coffee prices could reach VND140,000 to VND150,000 per kilogram. According to the Ministry of Agriculture and Environment, coffee exports in the first quarter of this year reached more than US$2.8 billion, nearly one and a half times higher than the same period last year.

Domestic coffee prices have just hit a new peak of 135,000 VND/kg, the highest ever. Illustrative photo.

However, according to the National Center for Hydro-Meteorological Forecasting, in 2025, La Nina is expected to replace El Nino, which could cause frost, seriously affecting coffee production in Vietnam and Brazil. In early January, frost in Son La burned many coffee areas in Chieng Co, Chieng Den, and Hua La.

Businesses recommend that farmers closely monitor weather conditions and prepare irrigation plans to minimize risks during the prolonged dry season.

Businesses believe that Vietnam's coffee exports could reach more than 6 billion USD, even 7 billion USD by 2025 if there is an effective response strategy.

Figures from the Ministry of Agriculture and Environment show that in the first two months of the year, Vietnam exported 284,000 tons of coffee, worth $1.58 billion. Although the volume decreased by 28.4% compared to the same period last year, the value increased by 26.2% thanks to high export prices.

Coffee export price The average price over the past two months is estimated at 5,575 USD per ton, a sharp increase of 76.3% over the same period in 2024. In particular, in February, Vietnam exported 193,031 tons, with a turnover of more than 1.08 billion USD, a record high thanks to the continuous increase in coffee prices, reaching a peak of 5,821 USD per ton of robusta on the London floor on February 13.

In terms of markets, Vietnam exported coffee to 36 major markets, with the largest markets all recording high increases compared to the same period last year. Germany was Vietnam's largest coffee export market in the first two months of 2025 with 278 million USD, up 79% compared to 155 million USD in the same period.

Italy followed with coffee exports of 171 million USD, up 31% year-on-year. Other markets with exports of over 100 million USD included Japan with 127 million USD, up 56%; the United States with 120 million USD, up 53%; and Spain with 117 million USD, up 29% year-on-year.

Source: https://baoquangninh.vn/gia-ca-phe-tiep-tuc-lap-ky-luc-3350578.html