May 19, 2025 | 01:18 GMT +7
May 19, 2025 | 01:18 GMT +7
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Coffee prices on January 21 domestically show a slight decrease following consecutive days of increase. Purchasing prices in the Central Highlands provinces range from VND 118,200 to 119,000/kg, down by VND 800 to 1,100/kg compared to yesterday.
Developments in localities:
Increased supply: Over 70% of Vietnam's coffee-growing areas have been harvested, resulting in a short-term abundance of supply.
Market quietness: As the Lunar New Year approaches, farmers are limiting sales, only selling small quantities while waiting for prices to rise after the holiday.
Global market fluctuations: Although Robusta coffee prices on the London exchange have risen sharply, domestic prices have yet to reflect this due to transaction delays.
The coffee market remains concerned about Robusta supply over the next 15 days as Vietnam, the world's primary coffee supplier, will pause operations for the Lunar New Year.
Earlier, during the first three months of the 2024-2025 crop year, Vietnam's coffee exports were very low, amounting to only about 50% of the same period in previous seasons. As a result, roasters have minimal stock reserves.
High raw coffee prices: At double the price compared to the same period last year, export businesses face financial difficulties in purchasing coffee as usual, requiring at least double the capital.
On the international market, Robusta coffee prices continue to rise sharply, while Arabica prices remain stable. Specifically:
$ 1 = VND 25.060 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Pepper prices on May 16, 2025, fluctuated by VND 500–1,000 domestically, trading at VND 151,000 – 152,000/kg. Global pepper prices remained stable.
(VAN) Coffee prices on May 16, 2025, edged up by VND 200, trading around VND 125,900 – 126,200/kg. Meanwhile, global coffee prices are showing mixed movements.
(VAN) Live pig prices on May 16, 2025, continue to remain flat. Live pig prices across the 3 regions are trading in the range of VND 67,000 to VND 75,000/kg.
(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%.
(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.
(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.
(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.