Today's coffee price , November 27, 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:
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| Robusta Coffee Price London November 27, 2024 |
At the end of the trading session, the price of Robusta coffee on the London floor at 4:30 a.m. on November 27, 2024 continued to increase and was at 65 - 95 USD/ton, fluctuating between 4,970 - 5,175 USD/ton. Specifically, the delivery period for January 2025 is 5,175 USD/ton (up 65 USD/ton); the delivery period for March 2025 is 5,114 USD/ton (up 78 USD/ton); the delivery period for May 2025 is 5,051 USD/ton (up 88 USD/ton) and the delivery period for July 2025 is 4,970 USD/ton (up 95 USD/ton).
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| Arabica Coffee Price New York November 27, 2024 |
Similar to the London floor, the price of Arabica coffee on the New York floor on the morning of November 27, 2024 also continued to increase compared to the previous trading period, increasing from 44.05 - 5.40 cents/lb, fluctuating from 295.75 - 308.85 cents/lb. Specifically, the delivery period for March 2025 is 308.85 cents/lb (up 4.05 cents/lb); the delivery period for May 2025 is 306.30 cents/lb (up 4.05 cents/lb); the monthly period for July 2025 is 301.10 cents/lb (up 4.80 cents/lb) and the monthly period for September 2025 is 295.75 cents/lb (up 5.40 cents/lb).
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| Brazilian Arabica Coffee Price November 27, 2024 |
At the end of the trading session, the price of Brazilian Arabica coffee on the morning of November 27, 2024 increased in some terms compared to November 26, an increase of 6.35 to 6.70 USD. Specifically, the delivery term for December 2024 was 392.60 USD/ton (up 6.70 USD/ton); the monthly term for March 2025 was 386.20 USD/ton (down 1.15 USD/ton); the monthly term for May 2025 was 381.00 USD/ton (up 5.35 USD/ton) and the delivery term for July 2025 was 373.95 USD/ton (up 6.35 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.
Domestic coffee prices were updated at 4:30 a.m. on November 27, 2024. Domestic coffee prices continued to increase compared to the previous trading session, increasing sharply by about 1,700 VND/kg. Currently, the average coffee purchase price in the Central Highlands provinces is 121,700 VND/kg.
Specifically, the coffee purchase price in Gia Lai province is at 121,600 VND/kg; the coffee purchase price in Dak Nong and Dak Lak provinces is at the highest price of 121,600 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 121,000 VND/kg.
Coffee prices today (November 27) in Dak Lak province; in M'gar district, coffee is purchased at 121,600 VND/kg, and in Ea H'leo district, Buon Ho market is purchased at 121,500 VND/kg.
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| Domestic coffee prices on November 27, 2024 |
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 delayed harvests, while robusta output 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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