Domestic and world coffee prices both turned down

giá cà phê - Ảnh 1. — Drying coffee beans - Photo: N.TRI

According to information from many gardeners and businesses, on the afternoon of March 27, the price of green coffee beans in the Central Highlands region was traded at 132,500-133,400 VND/kg, down about 2,000 VND/kg compared to the record level of 134,400-135,500 VND/kg the previous day.

Specifically in Lam Dong, Dak Lak and Dak Nong provinces, coffee prices dropped to 132,800 to 133,300 VND/kg. In Gia Lai province, coffee prices today were commonly purchased at 133,400 VND/kg.

In Binh Phuoc and Dong Nai provinces, the transaction price of green coffee beans was recorded at a lower level, commonly 132,500 VND/kg. Coffee prices in this region are often lower than in the Central Highlands.

Similarly, on the morning of March 27, coffee prices fell across the world's trading floors.

Specifically, on the London exchange, the delivery term for May 2025 decreased by 154 USD/ton, to 5,437 USD/ton; the delivery term for July 2025 decreased by 136 USD/ton, to 5,443 USD/ton; the delivery term for September 2025 decreased by 126 USD/ton, to 5,407 USD/ton; the delivery term for November 2025 decreased by 123 USD/ton, to 5,324 USD/ton.

On the New York Stock Exchange, the price of Arabica coffee futures for May 2025 (05/25): 392.00 cents/lb, down 6.55 cents (-1.64%); futures for July 2025 (07/25): 386.15 cents/lb, down 6.50 cents (-1.66%); futures for September 2025 (09/25): 380.50 cents/lb, down 5.95 cents (-1.54%).

According to experts, coffee prices fluctuate due to the influence of supply and demand, exchange rate fluctuations, financial speculation...

"Although there will still be fluctuations, there are many reasons to believe that coffee prices in the short term can still be at a good level, especially when supply is reduced and major producing countries like Brazil have not entered the season. In particular, many Vietnamese farmers are still holding on to their products or only selling small quantities," said Mr. Do Ha Nam, vice president of the Coffee - Cocoa Association.

Many businesses believe that in the medium term, if the weather in major growing regions such as Vietnam and Brazil is favorable, Robusta and Arabica coffee production will improve, thereby creating downward pressure on the market. In the long term, inflation, global consumption demand, climate change... are major factors affecting prices.

Robusta coffee is popular because of its better price.

According to many businesses, the price of Robusta coffee is about 3,000 USD/ton lower than Arabica coffee, which makes many roasters prefer to buy Robusta.

With about 95% of the coffee supply being Robusta, and a coffee with a special flavor, Vietnam has reason to believe that the world market will still strongly choose to buy Vietnamese products.

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NGUYEN TRI

Source: https://tuoitre.vn/gia-ca-phe-trong-nuoc-va-the-gioi-cung-quay-dau-giam-20250327172227066.htm