April 19, 2025 | 23:43 GMT +7
Hotline: 0913.378.918
April 19, 2025 | 23:43 GMT +7
Hotline: 0913.378.918
The latest coffee market prices both domestically and globally on 05/04/2024
On the world market, both London and New York exchanges witnessed significant declines on May 3.
Robusta prices on the London market for July 2024 delivery dropped by as much as $ 298 to $ 3,680/ton. And for September 2024 delivery, it decreased by an additional $ 291 to $ 3,617/ton.
Meanwhile, on the New York market, Arabica prices for July 2024 delivery plunged by 9.7 cents to 206.30 cents/lb. And for September 2024 delivery, it fell by an additional 9.3 cents to 204.75 cents/lb.
The latest Arabica and Robusta prices on 05/03/2024
Today's world coffee prices continue to decline sharply, with Arabica losing over 4.3% and Robusta plummeting by 7.4%.
The recovery in supply on the ICE market has weighed heavily on coffee prices after Arabica inventories monitored by ICE hit their highest level in a year and Robusta inventories rose to their highest level in five months.
As a result, Arabica prices have plummeted recently as commodity indices rebalance, fund sources continue to liquidate long positions, and there are forecasts of rain in Brazil next week along with an increase in inventories.
For Robusta, traders say prices will have to rise further to attract farmers in Vietnam, the leading coffee producer, to sell regularly. However, technically, if fund sources maintain the pace of liquidating long positions (meaning selling to liquidate previously purchased orders), the London market is at risk of falling to around $3,650/ton.
From a technical standpoint, the Arabica market appears more stable, as it has not been affected by recent overheated increases like the London market.
Thus on 05/03/2024, world coffee prices continued to decline sharply compared to yesterday.
In the domestic market, coffee prices on May 3 dropped by up to VND 2,000/kg compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at the same price range of VND 130,000/kg.
In Dak Lak province, the Cu M'gar district is currently purchasing at VND 130,500/kg. Meanwhile, Ea H'leo and Buon Ho districts are trading at VND 130,400/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap districts are trading at VND 130,700/kg and VND 130,600/kg, respectively.
In Gia Lai province, Chư Prông district is trading at VND 130,500/kg, while Pleiku and La Grai districts are both maintaining a price of VND 130,400/kg.
The purchase price in Kon Tum province today is VND 130,400/kg.
The domestic coffee price continues to decline today, bringing the commodity down to the threshold of VND 130,000/kg.
Thus, the domestic coffee price on 05/03/2024 is trading around the range of VND 130,000 - 130,700/kg.
$ 1 = VND 25.113 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Pepper prices on April 18, 2025, remained flat globally, domestic prices rose slightly by VND 500 in Gia Lai, trading at VND 157,000–159,000/kg.
(VAN) Coffee prices on April 18, 2025, declined globally. Domestic prices edged up slightly by VND 200, trading in the range of VND 132,700–133,800/kg.
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(VAN) Following the U.S. Government's decision to temporarily postpone the imposition of reciprocal tariffs, coffee prices have continuously increased sharply and are expected to continue rising in the near future.
(VAN) Coffee prices on April 17, 2025, maintain their upward momentum. Domestic prices rose by VND 1,600, reaching the range of VND 132,600–133,600/kg.
(VAN) Discussions are underway in Egypt on how to recycle millions of tonnes of agricultural and food waste into animal feed.
(VAN) Pepper prices on April 16, 2025, saw little fluctuation. Domestic pepper prices rose by as much as VND 1,500, trading around VND 155,500–158,000/kg.
(VAN) Coffee prices on April 16, 2025, continue a strong upward trend globally. Domestic prices rise by VND 5,000–5,200, reaching VND 131,300–132,200/kg.
