April 14, 2025 | 03:34 GMT +7
April 14, 2025 | 03:34 GMT +7
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On the global market, the London and New York exchanges showed mixed movements on February 27.
Specifically, Robusta prices on the London exchange for May 2025 delivery increased slightly by $ 3 (0.06%) to $ 5,410/ton, while the July 2025 contract rose by $ 4 (0.07%) to $ 5,373/ton.
Meanwhile, on the New York exchange, Arabica prices for May 2025 delivery fell slightly by 0.7 cents (0.19%) to 375.20 cents/lb, and the July 2025 contract dropped by 1.3 cents (0.35%) to 365.60 cents/lb.
Latest Arabica and Robusta prices on February 27, 2025
Global coffee prices today edged up slightly on the London exchange but continued to decline on the New York exchange.
Latest domestic and global coffee prices on February 27, 2025
This will undoubtedly impact exports, which are projected to decline by 22% to 39.24 million bags, compared to 50.5 million bags in 2024. Stock levels are also expected to drop to 1.6 million bags.
This figure is significantly higher than the official estimate from Conab (51.8 million bags) but lower than the average of a recent Reuters survey (64.6 million bags).
Thus, global coffee prices on February 27, 2025, saw slight fluctuations compared to yesterday.
In Vietnam, the domestic coffee market rose slightly by VND 300 compared to yesterday.
Specifically, in Lam Dong province, the three districts of Di Linh, Bao Loc, and Lam Ha are trading at VND 128,300/kg.
In Dak Lak, Cu M'gar district is purchasing coffee at VND 130,300/kg, while Ea H'leo and Buon Ho districts are trading at VND 130,200/kg.
In Dak Nong province, traders in Gia Nghia and Dak R'lap are buying at VND 130,300 and VND 130,200/kg, respectively.
In Gia Lai province, Chu Prong district is trading at VND 130,300/kg, while Pleiku and La Grai remain at VND 130,200/kg.
Meanwhile, today's purchase price in Kon Tum is VND 130,200/kg.
Thus, domestic coffee prices on February 27, 2025, are trading around VND 128,300 - 130,300/kg.
$ 1 = VND 25.350 - Source: Vietcombank.
Translated by Hoang Duy
(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.
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