April 14, 2025 | 22:09 GMT +7
Hotline: 0913.378.918
April 14, 2025 | 22:09 GMT +7
Hotline: 0913.378.918
The latest domestic and international coffee prices on 06/05/2024
The latest domestic and international coffee prices on 06/05/2024On the world market, both the London and New York exchanges continued to experience significant increases on June 5.
Specifically, the price of Robusta on the London exchange for July 2024 delivery increased by $ 60 to reach $ 4,332/ton. Meanwhile, the September 2024 delivery saw a substantial increase of $ 79 to reach $4,189/ton.
As for the New York exchange, Arabica coffee for July 2024 delivery surged by 7.35 cents to reach 233.90 cents/lb. Similarly, the September 2024 delivery saw a strong increase of 7.2 cents, reaching 232.70 cents/lb.
The latest Arabica and Robusta coffee prices on 06/05/2024
Despite negative indicators, global coffee prices continued to rise today. Speculative funds are buying heavily, and the strengthening of the US dollar has not stopped the upward trend of coffee.
As of the time of this survey, the DXY index, which measures the fluctuations of the greenback against six key currencies (EUR, JPY, GBP, CAD, SEK, CHF), has risen to 104.15.
The US dollar strengthened ahead of the release of important non-farm payroll data scheduled for later this week.
According to experts, prices on both exchanges are not decreasing according to technical analysis, even though the market has been in a prolonged period of buying above a certain level.
The US Department of Agriculture (USDA) forecasts that the current coffee harvest in Brazil will reach a total of 69.90 million bags. This forecast is slightly higher than that of many other independent surveys and is related to a 7.35% increase in the production of naturally dried Arabica coffee in the 2024/2025 season. Arabica production is estimated at 48.20 million bags (an increase of 1.40%), while Robusta Conilon production will reach a total of 21.70 million bags.
Thus, coffee prices globally on 06/05/2024, have all risen sharply compared to yesterday.
In the domestic market, coffee prices today, June 5, have increased by VND 1,700/kg compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 122,000/kg.
In Dak Lak province, the district of Cu M'gar is currently purchasing at VND 123,000/kg. Meanwhile, the districts of Ea H'leo and Buon Ho are trading at VND 122,900/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'Lap are trading at VND 123,300 and VND 123,200/kg, respectively.
In Gia Lai province, the district of Chu Prong is trading at VND 123,000/kg, while Pleiku and La Grai are maintaining the same price of VND 123,000/kg.
The purchase price in Kon Tum province today is VND 123,000/kg.
Domestic coffee prices continue to sharply rise today, easily reaching VND 125,000/kg. Meanwhile, the domestic pepper prices are fluctuating, trading around the range of VND 142,000 - 143,000/kg.
Thus, the domestic coffee prices on 06/05/2024 are trading around the range of VND 123,500 - 125,000/kg.
$ 1 = VND 25.183 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Pepper prices on April 14, 2025, remain unchanged both domestically and globally. Domestic pepper is still trading around VND 154,000 – 157,000/kg.
(VAN) Coffee prices on April 14, 2025, is flat both domestically and globally. Domestic coffee is being traded at a range of VND 123,700 to VND 125,000/kg.
(VAN) It’s eaten with almost every meal, used to make sushi, made into sweets, fermented into alcohol and offered to the spirits at religious ceremonies.
(VAN) Pepper prices on April 11, 2025, show a slight recovery from both domestic and global markets. Prices stay at VND 148,000 to VND 150,000/kg domestically.
(VAN) Coffee prices on April 11, 2025, increased slightly domestically, at VND 117,300 to VND 119,000/kg, up by VND 1,000 to VND 1,300/kg over yesterday.
(VAN) Coffee prices on April 10, 2025, recorded strong fluctuations in both the global and domestic markets. Domestic coffee prices continued to drop sharply.
(VAN) Pepper prices on April 10, 2025, in the domestic market continued to drop sharply, with a decrease of VND 1,000/kg over the previous trading session.
