Update domestic coffee prices on March 23, 2025
| Market | Average price (VND/kg) | Change (VND/kg) |
|---|---|---|
| Domestic coffee prices | ||
| Dak Lak | 133,900 | +400 ▲ |
| Lam Dong | 132,900 | +400 ▲ |
| Gia Lai | 133,900 | +400 ▲ |
| Dak Nong | 134,000 | +500 ▲ |
| Pepper price | 160,000 | 0 |
| USD/VND | 25,370 | +20 ▲ |
The upward trend in coffee prices may reflect rising market demand or limited supply, while the stability of pepper prices indicates that the pepper market is maintaining balance. Farmers and investors should continue to closely monitor factors such as weather, export demand, and exchange rate fluctuations to predict the future trend of coffee prices.
Update world coffee prices on March 23, 2025
Robusta Coffee Price London 23/3/2025
| Term | Match price (USD/ton) | Change | Highest | Lowest |
|---|---|---|---|---|
| Robusta Coffee London Price | ||||
| 05/25 | 5,515 | +18 (0.33%) ▲ | 5,552 | 5,465 |
| 07/25 | 5,504 | +22 (0.40%) ▲ | 5,537 | 5,453 |
| 09/25 | 5,450 | +25 (0.46%) ▲ | 5,480 | 5,397 |
| 11/25 | 5,364 | +33 (0.62%) ▲ | 5,388 | 5,304 |
This upward trend could be driven by increased global demand for coffee or concerns about future supply. Investors and farmers should continue to monitor factors such as weather in major producing regions, exchange rate fluctuations, and market demand to predict future coffee price trends.
Arabica Coffee Price New York March 23, 2025
| Term | Match price (US cents/lb) | Change | Highest | Lowest |
|---|---|---|---|---|
| New York Arabica Coffee Price | ||||
| 05/25 | 390.15 | -1.90 (-0.48%) ▼ | 395.75 | 386.50 |
| 07/25 | 385.30 | -0.05 (-0.01%) ▼ | 388.90 | 380.45 |
| 09/25 | 378.80 | +0.65 (0.17%) ▲ | 381.60 | 373.80 |
| 12/25 | 368.85 | +0.85 (0.23%) ▲ | 371.10 | 364.10 |
The decline in prices in the near term may be due to profit-taking pressure or abundant supply, while the increase in prices in the longer term indicates positive expectations for future demand. Investors and farmers should closely monitor factors such as weather in major producing regions, exchange rate fluctuations, and global consumption demand to predict the future trend of Arabica coffee prices.
Coffee price forecast for tomorrow, March 24, 2025, remains high
Tomorrow, March 24, 2025, domestic coffee prices may continue to remain high and may increase slightly by VND 100 to 300/kg. This depends on the positive trend of the international market, where coffee prices are being supported by stable demand and reduced supply. Currently, coffee prices in key regions of the Central Highlands such as Dak Lak, Lam Dong, Gia Lai, Dak Nong are at an average of about VND 133,900/kg, a slight increase compared to the previous day.
Although international Arabica and Robusta coffee prices are forecast to decline by the end of 2025 due to declining demand and increased production, domestic coffee prices are likely to remain high in the short term due to current supportive factors. Therefore, coffee growers should closely monitor market developments to make appropriate decisions for the upcoming crop.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-ca-phe-ngay-mai-24-3-2025-duy-tri-o-muc-cao-3151236.html
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