Latest update on domestic coffee prices on March 20, 2025 shows positive signs
| Market | Average (VND/kg) | Change |
|---|---|---|
| Dak Lak | 135,000 | +1,000 |
| Lam Dong | 133,700 | +1,000 |
| Gia Lai | 134,800 | +800 |
| Dak Nong | 135,000 | +1,000 |
| Household | 160,000 | 0 |
| USD/VND | 25,340 | +20 |
Domestic coffee prices on March 20, 2025 in the Central Highlands recorded a slight increase, reflecting positive signals from the domestic market. Specifically, coffee prices in Dak Lak and Dak Nong increased by VND 1,000/kg, reaching VND 135,000/kg, while Lam Dong also increased by VND 1,000/kg to VND 133,700/kg.
Gia Lai recorded an increase of VND800/kg, reaching VND134,800/kg, showing that coffee consumption demand in this area is improving. Meanwhile, pepper prices remained stable at VND160,000/kg, unchanged from the previous day.
The USD/VND exchange rate increased slightly by 20 VND, reaching 25,340, which may support coffee export prices in the coming time. In general, coffee prices fluctuated between 133,700 - 135,000 VND/kg, with a slight upward trend, which is a positive signal for farmers, especially in the context of positive fluctuations in the world coffee market.
Update world coffee prices on March 20, 2025
Robusta Coffee Price London 20/3/2025
| Term | Match price (USD/ton) | Change | Highest (USD/ton) | Lowest (USD/ton) | Mass | Open (USD/ton) | Yesterday (USD/ton) | Open contract |
|---|---|---|---|---|---|---|---|---|
| 05/25 | 5,527 | +58 (1.06%) | 5,543 +74 | 5,387 -82 | 6,451 | 5,486 | 5,469 | 32,318 |
| 07/25 | 5,509 | +57 (1.05%) | 5,525 +73 | 5,369 -83 | 5,509 | 5,455 | 5,452 | 27,413 |
| 09/25 | 5,453 | +62 (1.15%) | 5,460 +69 | 5,311 -80 | 1,926 | 5,391 | 5,391 | 7,362 |
| 11/25 | 5,355 | +62 (1.17%) | 5,359 +66 | 5,222 -71 | 290 | 5,272 | 5,293 | 3,222 |
Robusta coffee prices on the London exchange on March 20, 2025 recorded a positive upward trend in all delivery terms, reflecting the improvement in global coffee consumption demand. Specifically, the 05/25 term increased by 58 USD/ton (1.06%), reaching 5,527 USD/ton, with the highest level of the day being 5,543 USD/ton and the lowest being 5,387 USD/ton, with trading volume reaching 6,451 tons.
The 07/25 term increased by 57 USD/ton (1.05%), reaching 5,509 USD/ton, with the highest trading volume of 5,509 tons. The 09/25 term increased by 62 USD/ton (1.15%), reaching 5,453 USD/ton, while the 11/25 term also increased by 62 USD/ton (1.17%), reaching 5,355 USD/ton, but the trading volume decreased significantly to 290 tons.
The price increase ranged from 1.05% to 1.17%, reflecting optimistic market sentiment, possibly due to limited Robusta coffee supplies from major producing countries such as Vietnam and Brazil due to adverse weather conditions. This price increase also supported domestic coffee prices, creating incentives for farmers and exporters amid a slight increase in the USD/VND exchange rate.
New York Arabica Coffee Price March 20, 2025
| Term | Match price (US cents/lb) | Change | Highest (US cents/lb) | Lowest (US cents/lb) | Mass | Open (US cents/lb) | Yesterday (US cents/lb) | Open contract |
|---|---|---|---|---|---|---|---|---|
| 05/25 | 391.05 | +7.25 (1.89%) | 393.80 +10.00 | 379.65 -4.15 | 0 | 382.00 | 383.80 | 75,405 |
| 07/25 | 384.10 | +6.75 (1.79%) | 386.60 +9.25 | 373.55 -3.80 | 0 | 375.90 | 377.35 | 40,086 |
| 09/25 | 377.00 | +6.35 (1.71%) | 379.50 +8.85 | 366.95 -3.70 | 0 | 369.45 | 370.65 | 25,688 |
| 12/25 | 367.00 | +6.25 (1.73%) | 369.00 +8.25 | 357.20 -3.55 | 0 | 358.85 | 360.75 | 15,249 |
Arabica coffee prices on the New York Stock Exchange on March 20, 2025 recorded a positive upward trend in all delivery terms, reflecting the improvement in global demand for Arabica coffee. Specifically, the 05/25 term increased by 7.25 US cents/lb (1.89%), reaching 391.05 US cents/lb, with the highest intraday level of 393.80 US cents/lb and the lowest level of 379.65 US cents/lb, with open interest reaching 75,405. The 07/25 term increased by 6.75 US cents/lb (1.79%), reaching 384.10 US cents/lb, with open interest of 40,086.
The 09/25 futures rose 6.35 US cents/lb (1.71%) to 377.00 US cents/lb, while the 12/25 futures rose 6.25 US cents/lb (1.73%) to 367.00 US cents/lb, with open interest falling to 15,249. The price increases ranged from 1.71% to 1.89%, reflecting bullish market sentiment, possibly due to the impact of adverse weather on Arabica supplies from major producers such as Brazil and Colombia.
However, the zero daily trading volume suggests that trading activity may be slowing down, and investors may be waiting for more market signals before trading heavily. This price increase also supports domestic coffee prices, especially in Arabica coffee growing areas in Vietnam.
Coffee price forecast for tomorrow, March 21, 2025 will continue to increase slightly
Based on market trends and influencing factors, coffee prices on March 21, 2025 in Vietnam are forecast to continue to increase slightly, fluctuating between 134,000 - 136,000 VND/kg. Specifically, in Dak Lak and Dak Nong, coffee prices may increase by 500 VND/kg, reaching 135,500 VND/kg, thanks to the increase from the international market.
In Lam Dong, the price is expected to increase to VND134,200/kg, while Gia Lai may reach VND135,300/kg, also up VND500/kg. On the London exchange, the price of Robusta coffee futures for May 25 may increase by USD20-30/ton, reaching about USD5,547 - 5,557/ton, while on the New York exchange, the price of Arabica coffee futures for May 25 is expected to increase slightly by 2-3 US cents/lb, reaching 393.05 - 394.05 US cents/lb, thanks to the global supply remaining tight due to unfavorable weather in Brazil and Vietnam.
However, if the USD exchange rate continues to strengthen (currently USD/VND is at 25,340), coffee prices may be under slight downward pressure due to increased import costs in major consuming countries. In addition, if inventories on trading floors recover, coffee prices may adjust downward in the short term. Farmers and businesses need to closely monitor exchange rates and inventories to have appropriate sales strategies.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-ca-phe-ngay-mai-21-3-2025-se-tiep-tuc-tang-nhe-3151037.html
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