Update coffee prices today 1/2/2025, Central Highlands coffee, Lam Dong coffee, Gia Lai coffee, Dak Lak coffee, Robusta coffee, Arabica coffee 1/2/2025.
Coffee prices today, February 1, 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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| High coffee prices make Gia Lai people excited. Photo: Hien Mai |
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 decrease slightly
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| Robusta Coffee Price London 1/2/2025 |
On the London floor, at 4:30 a.m. on February 1, 2025, the price of Robusta coffee turned down, but the decrease was not significant, from 1 to 16 USD/ton, ranging from 5,523 to 5,718 USD/ton. Specifically, the delivery price for March 2025 was 5,718 USD/ton (down 16 USD/ton), the delivery price for May 2025 was 5,694 USD/ton (down 15 USD/ton), the delivery price for July 2025 was 5,618 USD/ton (down 7 USD/ton) and September 2025 was 5,523 USD/ton (down 1 USD/ton).
Arabica coffee prices extend gains
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| New York Arabica Coffee Price February 1, 2025 |
Arabica coffee prices on the New York floor continued to increase compared to the previous day's price, updated as follows: March 2025 delivery period is 377.85 cents/lb (up 4.45 cents/lb), May 2025 delivery period is 371.35 cents/lb (up 3.20 cents/lb), July 2025 delivery period is 364.05 cents/lb (up 2.75 cents/lb) and September 2025 delivery period is 354.55 cents/lb (up 2.85 cents/lb).
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| Brazilian Arabica Coffee Price on February 1, 2025 |
Similarly, at the end of the trading session, the price of Arabica coffee from Brazil also recorded a steady increase, specifically: The delivery period for March 2025 was 464.50 USD/ton (up 2.25 USD/ton), the delivery period for May 2025 was 458.80 USD/ton (up 5.35 USD/ton), the delivery period for July 2025 was 457.10 USD/ton (up 3.65 USD/ton) and the delivery period for September 2025 was 440.00 USD/ton (up 1.85 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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| Gia Lai people weigh coffee after harvest. Photo: Hien Mai |
Domestic coffee prices break out to set new peak
According to information from Giacaphe.com, at 4:30 a.m. today, February 1, 2025 (the 4th day of the Lunar New Year At Ty), domestic coffee prices continued to increase, setting a new record and currently at an average of 128,900 VND/kg, an increase of 1,200 VND/kg compared to yesterday.
The highest coffee purchase price in key regions of the Central Highlands was recorded at 129,000 VND/kg. Specifically, today's coffee price in Dak Lak was 128,800 VND/kg (up 1,200 VND/kg), in Lam Dong was 127,800 VND/kg (up 1,000 VND/kg), in Gia Lai was 128,800 VND/kg (up 1,300 VND/kg), in Dak Nong was 129,000 VND/kg (up 1,200 VND/kg) and in Kon Tum today was recorded at 128,300 VND/kg (up 1,100 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 February 1, 2025 |
Coffee prices have been rising in recent times due to a number of key reasons, according to coffee industry experts. First, delays in shipments due to the Tet holiday in Vietnam have caused disruptions in supply. At the same time, roasters on the London Stock Exchange have increased their purchases, pushing prices higher. The exchange has also been forced to buy more to maintain inventory levels.
Currently, the cost of transporting goods from Vietnam to the London warehouse has increased to about 400 USD/ton, pushing the export price from Vietnam to more than 5,000 USD/ton. Most of the purchase contracts at higher prices are used immediately for production, instead of going through the exchange as before.
At current coffee prices, speculation is difficult due to the high capital requirements and the risk of falling prices. Roasters are now buying only enough to cover about a month’s production, instead of the usual 3-6 months. This has led to low inventories, forcing roasters to accept higher prices when they need the goods.
According to the leader of the Vietnam Coffee and Cocoa Association (VICOFA), an important reason why coffee prices can reach the current "unimaginable" level is because farmers have stable finances and are not in a hurry to sell their products. They are regulating supply by selling slowly. Meanwhile, global coffee demand remains high, contributing to pushing up prices. It is forecasted that from now until May 2025, coffee prices are expected to remain high because supply still depends heavily on Vietnam.
Source: https://congthuong.vn/gia-ca-phe-trong-nuoc-ngay-122025-but-pha-lap-dinh-moi-371798.html
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