Update on domestic coffee prices on March 21, 2025 is decreasing
| Market | Medium | Change |
|---|---|---|
| Dak Lak | 133,500 | -1,500 |
| Lam Dong | 132,500 | -1,200 |
| Gia Lai | 133,500 | -1,300 |
| Dak Nong | 133,500 | -1,500 |
| Pepper price | 160,000 | 0 |
| USD/VND | 25,350 | +10 |
Unit: VND/kg - Exchange rate according to Vietcombank
Domestic coffee prices on March 21, 2025 in key coffee growing areas recorded a significant downward trend. Specifically, in Dak Lak and Dak Nong, coffee prices decreased by VND 1,500/kg, currently trading at VND 133,500/kg; Gia Lai also decreased by VND 1,300/kg, reaching a similar level of VND 133,500/kg; while Lam Dong decreased by VND 1,200/kg, down to VND 132,500/kg.
Pepper prices in the region remained stable at VND160,000/kg, unchanged. The USD/VND exchange rate increased slightly by VND10, reaching VND25,350. The downward trend in coffee prices may be due to pressure from abundant supply or weak international market demand, while the slight increase in exchange rates may provide some support for exports. Farmers need to closely monitor market developments to have a reasonable sales plan.
Update world coffee prices on March 21, 2025
Robusta Coffee Price London 21/3/2025
| Term | Match price | Change | Highest | Lowest | Mass | Open | Yesterday | Open contract |
|---|---|---|---|---|---|---|---|---|
| 05/25 | 5,497 | -30 (-0.54%) | 5,566 +39 | 5,438 -89 | 8,924 | 5,518 | 5,527 | 32,031 |
| 07/25 | 5,482 | -27 (-0.49%) | 5,545 +36 | 5,424 -85 | 5,148 | 5,500 | 5,509 | 27,744 |
| 09/25 | 5,425 | -28 (-0.51%) | 5,484 +31 | 5,372 -81 | 1,214 | 5,446 | 5,453 | 7,992 |
| 11/25 | 5,331 | -24 (-0.45%) | 5,387 +32 | 5,275 -80 | 243 | 5,344 | 5,355 | 3,216 |
Robusta coffee prices on the London exchange on March 21, 2025 recorded a slight downward trend across all terms. Specifically, the May 2025 term decreased by 30 USD/ton (-0.54%), closing at 5,497 USD/ton, with the highest level reaching 5,566 USD/ton (+39) and the lowest level reaching 5,438 USD/ton (-89).
The July 2025 contract decreased by 27 USD/ton (-0.49%) to 5,482 USD/ton, while the September 2025 and November 2025 contracts decreased by 28 USD/ton (-0.51%) and 24 USD/ton (-0.45%) respectively, closing at 5,425 USD/ton and 5,331 USD/ton. Trading volume gradually decreased across the terms, from 8,924 lots (May) to only 243 lots (November), showing investor caution.
This downward trend could be due to pressure from increased supply in some areas or profit-taking after the previous high price period, and investors need to closely monitor weather factors and global demand to assess the next trend.
New York Arabica coffee price on March 21, 2025
| Term | Match price | Change | Highest | Lowest | Mass | Open | Yesterday | Open contract |
|---|---|---|---|---|---|---|---|---|
| 05/25 | 392.05 | +1.00 (+0.26%) | 397.60 +6.55 | 386.05 -5.00 | 14,329 | 389.30 | 391.05 | 75,631 |
| 07/25 | 385.60 | +1.55 (+0.40%) | 390.55 +6.50 | 379.50 -4.55 | 7,051 | 382.10 | 384.05 | 41,143 |
| 09/25 | 378.35 | +1.55 (+0.41%) | 383.35 +6.55 | 372.50 -4.30 | 3,869 | 374.80 | 376.80 | 26,011 |
| 12/25 | 368.00 | +1.00 (+0.27%) | 373.00 +6.00 | 362.45 -4.55 | 1,024 | 364.55 | 367.00 | 15,378 |
Arabica coffee prices on the New York floor on March 21, 2025 recorded a slight upward trend across all terms. Specifically, the May 2025 term increased by 1.00 USD/ton (+0.26%), closing at 392.05 USD/ton, with the highest level reaching 397.60 USD/ton (+6.55) and the lowest level reaching 386.05 USD/ton (-5.00).
The July 2025 contract increased by USD 1.55/ton (+0.40%) to USD 385.60/ton, while the September 2025 and December 2025 contracts increased by USD 1.55/ton (+0.41%) and USD 1.00/ton (+0.27%), respectively, to close at USD 378.35/ton and USD 368.00/ton. Trading volume gradually decreased across the terms, from 14,329 lots (May) to 1,024 lots (December), indicating cautious trading sentiment.
This uptrend could be supported by a slight increase in demand in the global market or concerns about supply in some key producing regions, and investors need to closely monitor weather factors and trade policies to assess the next trend.
Coffee price forecast for tomorrow, March 22, 2025 will continue to increase slightly
Domestic coffee prices on March 22, 2025 are forecast to maintain a slight upward trend, thanks to the continuous increase in recent sessions and supply pressure from Brazil and Vietnam. Specifically, in areas such as Dak Lak, Dak Nong, Gia Lai (currently at VND 133,500/kg) and Lam Dong (VND 132,500/kg), prices may increase by about VND 500-1,000/kg, reaching VND 134,000-134,500/kg.
In the international market, the price of Robusta coffee London (May 2025: 5,497 USD/ton) and Arabica New York (May 2025: 392.05 USD/ton) also showed positive signals, supporting market sentiment. However, the coffee market is currently quite sensitive to weather information and production forecasts, especially from Brazil. Unexpected fluctuations from the ICE exchange or production news can cause short-term downward adjustments, so farmers and investors need to closely monitor the information to make appropriate decisions.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-ca-phe-ngay-mai-22-3-2025-co-the-hoi-phuc-3151098.html
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