March 11, 2025 | 23:43 GMT +7
Hotline: 0913.378.918
March 11, 2025 | 23:43 GMT +7
Hotline: 0913.378.918
Latest coffee prices domestically and globally on December 25, 2024
Globally, both the London and New York exchanges continued to rise on December 25.
On the London exchange, the price of Robusta for March 2025 delivery increased by $ 33 (equivalent to 0.66%), reaching $ 5,041/ton. The May 2025 contract rose slightly by $ 18 (equivalent to 0.36%), standing at $ 4,953/ton.
On the New York exchange, Arabica for March 2025 delivery increased by 1.35 cents (equivalent to 0.41%), reaching 328.60 cents/lb. The May 2025 contract rose slightly by 1.5 cents (equivalent to 0.47%), settling at 323.35 cents/lb.
Latest Arabica and Robusta prices on December 25, 2024
Global coffee prices today continue to rise slightly on both exchanges before early closures for Christmas.
The price of Robusta continues to be supported by reports of heavy rainfall in key coffee-growing regions of Vietnam. Prices on the London exchange have maintained a steady increase since the start of the week.
Vietnam's coffee supply is facing challenges. The VICOFA Association reports that export businesses are also facing difficulties with orders.
It is expected that coffee prices may adjust in the near future but are unlikely to drop significantly. In the long term, several factors are expected to support prices, as supply and demand are not yet balanced.
Additionally, in the long run, this agricultural product's prices are supported by factors such as high shipping costs, geopolitical tensions, and reduced yields due to climate change.
Thus, global coffee prices on December 25, 2024, have increased across the board compared to yesterday.
Domestically, the coffee market continues its upward trend compared to yesterday.
Specifically, in Lam Dong province, the districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 120,600/kg.
In Dak Lak, the Cu M'gar district is purchasing coffee at VND 121,100/kg. Meanwhile, Ea H'leo and Buon Ho districts are trading at VND 121,000/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap are buying at VND 121,400/kg and VND 121,300/kg, respectively.
In Gia Lai province, the Chu Prong district is trading at VND 121,100/kg, while Pleiku and La Grai are holding steady at VND 121,000/kg.
In Kon Tum, the buying price today is VND 120,900/kg.
Thus, domestic coffee prices on December 25, 2024, are trading around VND 120,600 - 121,400/kg.
$ 1 = VND 25.206 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Pepper prices on March 11, 2025, saw little fluctuation in the global market. Domestic pepper prices dropped sharply by nearly VND 3,000.
(VAN) Coffee prices on March 11, 2025, saw slight fluctuations globally. Domestic coffee prices increased by VND 300-500, trading at VND 130,300 - 131,500/kg.
(VAN) Coffee prices on March 10, 2025, remains unchanged in global markets. Currently, domestic coffee is trading around VND 129,000 - 129,800/kg.
(VAN) Pepper prices on March 10, 2025, remain unchanged in both domestic and global markets. Domestic pepper is trading around VND 159,000 - 162,000/kg.
(VAN) Higher sugar, dairy, and vegetable oil prices drive the overall increase.
(VAN) The low supply and slow 2025 harvest is causing pepper prices to be high right from the beginning of the year in both domestic and export markets.
(VAN) Experts warn the price of groceries may rise because of the tariffs imposed Tuesday on Canada, Mexico and China, but before the produce lands on shelves, farmers will be affected first.
