May 16, 2025 | 10:04 GMT +7

  • Click to copy
Thursday- 12:23, 13/06/2024

Coffee prices on 06/13/2024: Strong rebound

(VAN) Coffee prices on 06/13/2024 surged significantly. Domestic coffee prices have increased by VND 1,200, reaching the range of VND 121,500 - 122,700/kg.
Latest domestic and international coffee prices on 06/13/2024

Latest domestic and international coffee prices on 06/13/2024

Coffee prices on June 13 globally

On the global markets, both the London and New York exchanges have seen a strong rebound today, June 13.

Specifically, the price of Robusta coffee on the London exchange for July 2024 delivery surged by $ 44, reaching $ 4,240/ton. Meanwhile, the September 2024 delivery increased slightly by $ 33, settling at $ 4,086/ton.

On the New York exchange, the price of Arabica coffee for July 2024 delivery jumped by 3.8 cents, reaching 224.35 cents/lb. The September 2024 delivery rose by 3.4 cents, reaching 224.85 cents/lb.

Latest Arabica and Robusta Prices on 06/13/2024

Latest Arabica and Robusta Prices on 06/13/2024

Global coffee prices have rebounded after a period of decline. Following a two-day policy meeting, the Federal Open Market Committee (FOMC) decided to keep interest rates unchanged, as expected by the market.

In response to this news, the US dollar has cooled down, which has helped coffee prices recover. As of the latest survey, the DXY index, which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), is at 104.77.

Thus, global coffee prices on 06/13/2024, have increased significantly compared to yesterday.

Coffee prices on June 13 domestically

In the domestic market, coffee prices have surged by VND 1,200/kg compared to yesterday.

Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 121,500/kg.

At Dak Lak, Cu M'gar district is purchasing at VND 122,500/kg, while Ea H'leo and Buon Ho districts are trading at VND 122,400/kg.

At Dak Nong province, traders in Gia Nghia and Dak R'lap are trading at VND 122,700 and VND 122,600/kg, respectively.

In Gia Lai province, Chu Prong district is trading at VND 122,400/kg, while Pleiku and La Grai districts are holding at VND 122,300/kg.

At Kon Tum province, the purchase price today is VND 122,300/kg.

Domestic coffee prices today have surged sharply, bringing this agricultural commodity close to the threshold of VND 123,000/kg.

Vietnam Customs Office reported that our country's coffee exports in May plummeted by 47.80% compared to the previous month, reaching 1,322,633 bags. This figure is lower than the previously estimated 1.58 million bags.

This indicates a low domestic supply. Sellers are cautious ahead of the upcoming new harvest as they believe yields will be significantly reduced.

The Ministry of Agriculture and Rural Development stated that our country's output for the 2024/25 crop year could decrease by up to 20%, down to 1.47 million tons, the lowest in the past four years (in 2023, Vietnam exported 1.61 million tons of coffee).

In recent years, the price of this agricultural commodity has been quite low, leading many farmers to switch to other crops with higher economic value. This move has caused the area of coffee cultivation to continuously decrease, potentially leading to a long-term supply shortage.

Thus, domestic coffee prices on 06/13/2024, are trading around the range of VND 121,500 - 122,700/kg.

$ 1 = VND 25.187 - Source: Vietcombank

Author: Bang Nghiem

Translated by Hoang Duy

Coffee prices on May 15, 2025: Market drops sharply

Coffee prices on May 15, 2025: Market drops sharply

(VAN) Coffee prices on May 15, 2025, fell sharply by VND 2,500, trading at VND 125,700 – 126,200/kg. Global coffee prices also dropped significantly by 3%.

Pepper prices on May 15, 2025: Stable across local markets

Pepper prices on May 15, 2025: Stable across local markets

(VAN) Pepper prices on May 15, 2025, remain unchanged domestically, trading at VND 151,000 – 152,000/kg. Meanwhile, global pepper prices show mixed movements.

Rubber prices on May 15, 2025: Market sees a strong increase

Rubber prices on May 15, 2025: Market sees a strong increase

(VAN) Rubber prices on May 15, 2025, rise across global markets. Meanwhile, domestic latex prices remain steady, ranging from VND 397 to VND 462/TSC.

Coffee prices on May 13, 2025: Sharp drop across the board

Coffee prices on May 13, 2025: Sharp drop across the board

(VAN) Coffee prices on May 13, 2025 decreased by VND 1,200, trading around VND 125,500 – 126,000/kg. Global coffee prices also fell sharply.

Pepper prices on May 12, 2025: Continue to remain unchanged

Pepper prices on May 12, 2025: Continue to remain unchanged

(VAN) Pepper prices on May 12, 2025 in the domestic market are hovering around VND 151,000 - 152,000/kg, while global pepper prices also remain flat.

Coffee prices on May 12, 2025: The market remains stable

Coffee prices on May 12, 2025: The market remains stable

(VAN) Coffee prices on May 12, 2025, continue to trade around the range of VND 128,000 – 128,200/kg. Meanwhile, global coffee prices remain stable.

Rubber prices on May 12, 2025: Global market continues to rise

Rubber prices on May 12, 2025: Global market continues to rise

(VAN) Rubber prices on May 12, 2025, increase slightly globally. Latex purchasing prices in Vietnam remained steady, ranging from VND 397 to VND 462/TSC.

Read more