June 20, 2025 | 13:22 GMT +7
June 20, 2025 | 13:22 GMT +7
Hotline: 0913.378.918
Update on the latest domestic and world prices on 08/4/2023
Coffee prices on August 4 in the world simultaneously decreased at both major exchanges.
At the time of the survey, the price of Robusta on the London exchange for delivery in September 2023 decreased by $29/ton, to $2,645/ton. And the November delivery term on this exchange decreased by $16/ton, at $2,516/ton.
The price of Arabica on the New York exchange for September delivery fell 2.20 cents/lb; down to 164.75 cents/lb. And December 2023 delivery fell by 2.35 cents/lb; at 164.00 cents/lb.
Latest coffee prices on New York and London exchanges
World coffee prices today decreased. Robusta on the London exchange decreased slightly, not more than 1%; and Arabica on the New York exchange fell sharply when losing 1.4% compared to yesterday.
Reports emerged earlier this summer that coffee producers (including JDE Peet's - the Dutch coffee company) are delaying purchases from Brazil - the leading coffee-growing country.
This is because they are waiting for prices to fall after bad weather limited supply for two years, instead of using up the stockpile accumulated during the pandemic.
Coffee producers expect a larger crop this year to lead to lower prices.
According to the USDA, Arabica production in Brazil in the crop year 2023-2024 will increase by 12% compared to the previous season due to favorable weather conditions.
According to BNN Bloomberg, despite the decline from the peak, Robusta prices are still at a 12-year high and are expected to remain volatile.
Thus, the price of coffee on 08/4/2023 in the world turned down compared to yesterday.
Coffee prices on August 4 in the country simultaneously decreased slightly by VND 300-400/kg compared to yesterday.
Specifically, in 3 districts of Di Linh, Bao Loc, and Lam Ha of Lam Dong province, they are trading at the same level of VND 66,600/kg.
In Cu M'gar district (Dak Lak), the price of coffee today is kept at VND 67,300/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is kept at VND 67,200/kg.
In Dak Nong province, traders Gia Nghia and Dak R'lap are purchasing at VND 67,600 and VND 67,500/kg, respectively.
In Gia Lai, Chu Prong district is trading at VND 67,000/kg, while Pleiku and La Grai are holding at VND 66,900/kg.
The purchase price at Kon Tum today is VND 67,000/kg.
The domestic coffee price today turned down but is still above the threshold of VND 67,000/kg.
Thus, the price of coffee on August 4 in the country traded around the threshold of VND 66,600-67,600/kg.
$1 = VND 23,530.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) The vice president of fertilizer with Stone X Group says increasing tensions in the Middle East are impacting global nitrogen prices.
(VAN) Coffee prices on June 19, 2025 dropped globally. Domestic coffee prices dropped by as much as VND 2,300, plunging to around VND 107,100 - 107,700/kg.
(VAN) Coffee prices on June 18, 2025, declined globally, with Arabica losing about 2.3%. Domestic prices fell by VND 1,600, down to VND 109,400 – 110,000/kg.
(VAN) Japan will release another 200,000 metric tons of rice from its emergency stockpile to tackle a doubling of prices since last year, Agriculture Minister Shinjiro Koizumi said on Tuesday.
(VAN) Coffee prices on June 13 declined sharply for Arabica. Domestic coffee market in Vietnam dropped by VND 2,000, trading at VND 111,500 – 112,300/kg.
(VAN) Coffee prices on June 12, 2025, continued to fall. Domestically, coffee prices decreased by another VND 2,000, trading at VND 111,500 – 112,300/kg.
(VAN) Coffee prices on June 11, 2025, fell sharply across global markets. Domestic coffee market dropped by VND 700, to the range of VND 113,500 – 114,300/kg.