World coffee prices increase " skyrocketing "
Coffee prices today January 21, 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).
 |
| People in Lac Duong district, Lam Dong province dry coffee. 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 Price London January 21, 2025 |
On the London floor, at 4:30 a.m. on January 21, 2025, the price of Robusta coffee had a "galloping" increase as follows: The delivery price for March 2025 was 5,143 USD/ton (up 137 USD/ton), the delivery price for May 2025 was 5,090 USD/ton (up 128 USD/ton), the delivery price for July 2025 was 5,005 USD/ton (up 124 USD/ton) and September 2025 was 4,911 USD/ton (up 121 USD/ton).
 |
| New York Arabica Coffee Price January 21, 2025 |
Similarly, Arabica coffee prices on the New York floor also increased slightly, from 1.20 to 1.70 cents/lb. Specifically, the delivery period for March 2025 is 328.35 cents/lb (up 1.20 cents/lb), the delivery period for May 2025 is 324.60 cents/lb (up 1.45 cents/lb), the delivery period for July 2025 is 318.25 cents/lb (up 1.70 cents/lb) and the delivery period for September 2025 is 309.45 cents/lb (up 1.50 cents/lb).
 |
| Brazilian Arabica coffee price on January 21, 2025 |
Arabica coffee prices from Brazil also recorded a slight increase, with the March 2025 delivery period being $407.55/ton (up $2.05/ton), the May 2025 delivery period being $402.55/ton (up $1.60/ton), the July 2025 delivery period being $396.60/ton (up $2.25/ton) and the September 2025 delivery period being $382.95/ton (up $1.10/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.
 |
| Finished roasted coffee. Photo: Le Son |
Domestic coffee prices slightly decreased
According to information from Giacaphe.com, at 4:30 a.m. today, January 21, 2025, domestic coffee prices decreased slightly to an average of 119,000 VND/kg, down 900 VND/kg compared to yesterday.
The highest coffee purchase price in key regions of the Central Highlands was recorded at VND119,000/kg. Specifically, today's coffee price in Dak Lak is VND119,000/kg (down VND1,000/kg), coffee price in Lam Dong is VND118,200/kg (down VND1,100/kg), coffee price in Gia Lai is VND119,000/kg (down VND800/kg) and coffee price in Dak Nong today is VND119,000/kg (down VND1,000/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.
 |
| Domestic coffee price list updated at 4:30 a.m. on January 21, 2025 |
According to records, in Vietnam, more than 70% of the coffee area has been harvested, but output is expected to decrease slightly by about 5% compared to the previous crop. The main reason for this decrease is due to unusual weather, with a prolonged rainy season and unseasonal rains affecting the coffee ripening process.
Similarly, in Brazil, one of the world’s largest coffee exporters, Arabica production also recorded a significant decline. Although Robusta production compensated somewhat, the overall decline was not enough to mitigate the impact of the decline in Arabica.
According to the forecast of the US Department of Agriculture (USDA), global coffee consumption in the 2024-2025 crop year will increase by 5.1 million bags, reaching 168.1 million bags. Major markets such as the European Union, the United States and China continue to increase their demand for coffee imports, creating opportunities for producing countries.
While the stronger US dollar has somewhat limited the upside momentum of coffee prices, tensions in the Red Sea and high shipping costs are still factors supporting coffee prices to remain high. In particular, the implementation of the EUDR (European Deforestation Regulation) after December 30, 2025 has forced many countries to increase coffee stockpiling, thereby pushing prices higher.
Domestic coffee prices are forecast to continue to increase slightly in the coming days, especially when supply from Vietnam slows down due to the 2025 Lunar New Year holiday. In the international market, Robusta and Arabica coffee prices are likely to maintain their upward momentum thanks to stable consumption demand and limited supply from major exporting countries.
Supported by a number of factors including limited supply, high demand and political factors, coffee prices are expected to remain high. This will benefit farmers and exporters, opening up a positive outlook for the coffee industry in the coming time.
Comment (0)