June 17, 2025 | 22:34 GMT +7
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June 17, 2025 | 22:34 GMT +7
Hotline: 0913.378.918
Latest coffee prices domestically and globally as of December 18, 2024
Globally, coffee prices on both the London and New York exchanges turned lower on December 18.
On the London exchange, Robusta prices for January 2025 delivery dropped by $ 14 (equivalent to 0.27%) to $ 5,216/ton. The March 2025 delivery contract fell by $ 35 (equivalent to 0.67%), settling at $ 5,168/ton.
On the New York exchange, Arabica prices for March 2025 delivery decreased slightly by 2.45 cents (equivalent to 0.75%) to 324.95 cents/lb. Meanwhile, the May 2025 delivery contract declined by 2.75 cents (equivalent to 0.85%), reaching 321.90 cents/lb.
The latest Arabica and Robusta prices on December 18, 2024
Global coffee prices today have slightly declined on both the London and New York exchanges as the Fed enters its first day of meetings. A weaker Brazilian realtor has pushed traders to release stock to the market, causing Arabica prices to fall.
The global currency market is in a waiting phase, with all fluctuations being temporary until an official decision is announced by the Fed. Speculation on the exchanges is focused on the possibility of the Fed cutting interest rates during its December 18–19 meeting, with particular attention to projections for 2025.
Additionally, this week is packed with central bank meetings worldwide. Among major central banks, the Fed, the Bank of England (BOE), and the Bank of Japan (BOJ) are all expected to announce their final interest rate decisions for 2024.
Monetary policymakers in other economies across Southeast Asia, Europe, the Middle East, and Latin America are also forecasted to adjust interest rates during their meetings this week.
Thus, global coffee prices on December 18, 2024, have all slightly decreased compared to the previous day.
Domestic coffee prices today have slightly decreased by VND 400 compared to the previous day.
Specifically, in Lam Dong Province, the three districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 123,000/kg.
In Dak Lak Province, Cu M'gar District is buying coffee at VND 124,200/kg, while Ea H'leo and Buon Ho are trading at VND 124,100/kg.
In Dak Nong Province, traders in Gia Nghia and Dak R’lap are offering prices of VND 124,400/kg and VND 124,300/kg, respectively.
In Gia Lai Province, Chu Prong District is trading at VND 124,200/kg, while Pleiku and La Grai are both at VND 124,100/kg.
In Kon Tum Province, the current purchase price is VND 124,200/kg.
Thus, domestic coffee prices on December 18, 2024, are trading around VND 123,000–124,400/kg.
$ 1 = VND 25.189 - Source: Vietcombank.
Translated by Hoang Duy
(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.
(VAN) Coffee prices on June 10 2025, rose sharply worldwide for Robusta. Domestic coffee market increased by VND 800, reaching VND 114,200 – 114,800/kg.
(VAN) New FAO forecasts point to record global cereal output with a partial rebound in stocks and trade.
(VAN) Coffee prices on June 9, 2025, in domestic and global markets remain unchanged. Domestic coffee market is currently trading at VND 113,500 – 114,000/kg.
