Update coffee prices today January 31, 2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee January 31, 2025.
Coffee prices today January 31, 2025 on the world market, at 4:30 am 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).
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| Coffee gardens of people in Di Linh district, Lam Dong before being harvested. Photo: Le Son |
Coffee prices on 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 and are updated as follows:
Robusta coffee prices increase with no signs of stopping
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| Robusta Coffee Price London January 31, 2025 |
On the London floor, at 4:30 a.m. on January 31, 2025, the price of Robusta coffee continued to increase sharply and showed no signs of stopping, increasing from 109 - 126 USD/ton, fluctuating from 5524 - 5734 USD/ton. Specifically, the delivery price for March 2025 is 5734 USD/ton (up 125 USD/ton), the delivery price for May 2025 is 5709 USD/ton (up 126 USD/ton), the delivery price for July 2025 is 5625 USD/ton (up 114 USD/ton) and September 2025 is 5524 USD/ton (up 109 USD/ton).
Arabica coffee prices also increased to a new peak.
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| New York Arabica Coffee Price January 31, 2025 |
Arabica coffee prices on the New York floor also continued to increase sharply compared to the previous day's price, updated as follows: March 2025 delivery period is 373.40 cents/lb (up 6.85 cents/lb), May 2025 delivery period is 368.15 cents/lb (up 6.80 cents/lb), July 2025 delivery period is 361.30 cents/lb (up 6.85 cents/lb) and September 2025 delivery period is 351/70 cents/lb (up 6.55 cents/lb).
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| Brazilian Arabica Coffee Price January 31, 2025 |
At the end of the trading session, the price of Arabica coffee from Brazil recorded mixed increases and decreases depending on the term, specifically: The delivery period for March 2025 was 457.50 USD/ton (down 0.10 USD/ton), the delivery period for May 2025 was 455.10 USD/ton (up 1.65 USD/ton), the delivery period for July 2025 was 453.45 USD/ton (up 9.05 USD/ton) and the delivery period for September 2025 was 434.45 USD/ton (down 0.25 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.
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| Arabica coffee Cau Dat Da Lat. Photo: Nguyen Phuong |
Domestic coffee prices hit record high
According to information from Giacaphe.com, at 4:30 a.m. today, January 31, 2025 (the 3rd day of the Lunar New Year), domestic coffee prices continued to increase to a record high, averaging 127,600 VND/kg, an increase of 1,800 VND/kg compared to yesterday.
The highest coffee purchase price in key regions of the Central Highlands was recorded at 127,800 VND/kg. Specifically, today's coffee price in Dak Lak was 127,600 VND/kg (up 1,800 VND/kg), in Lam Dong was 126,800 VND/kg (up 1,500 VND/kg), in Gia Lai was 127,500 VND/kg (up 1,700 VND/kg), in Dak Nong was 127,800 VND/kg (up 1,800 VND/kg) and in Kon Tum today was recorded at 127,200 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.
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| Domestic coffee price list updated at 4:30 a.m. on January 31, 2025 |
According to the leader of the Vietnam Coffee and Cocoa Association (VICOFA), the coffee harvest in the Central Highlands is almost complete. Despite the abundant coffee supply, many farmers are still reluctant to sell, leading to low current trading volume. It is forecasted that coffee prices in the Central Highlands will continue to increase following the world price trend.
The US Department of Agriculture (USDA) has forecast that, despite price pressures, global coffee demand in the 2024-2025 crop year will exceed 10 million tonnes, up 3.1% from the previous year. Many factors are affecting the market, including adverse weather conditions in Brazil and Vietnam, European anti-deforestation regulations, and rising supply chain costs.
Meanwhile, information from the General Department of Customs said that the European Union (EU) will remain Vietnam's largest coffee export market in 2024. Although the volume of coffee exported to the EU decreased by 12% compared to the same period last year, reaching 529,000 tons (accounting for 39.3% of total exports), the export value increased by 45.6%, reaching 2.15 billion USD, accounting for 38.4% of total export value compared to 2023. The main markets in the EU include Germany (603 million USD), Italy (460 million USD) and Spain (445 million USD).
With the current market price situation, many people expect that coffee prices can reach new levels, such as 140,000 VND/kg, or even higher. According to annual practice, coffee prices usually decrease during the harvest period (November, December) and increase when entering the new year, from January to April, when the world depends heavily on supplies from Vietnam.
Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-hom-nay-3112025-tiep-tuc-nhay-mua-371742.html
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