March 18, 2025 | 16:09 GMT +7
March 18, 2025 | 16:09 GMT +7
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Coffee prices today, March 18, 2025, continue to record a strong upward trend in both the global and domestic markets. This is a positive signal for Vietnam's coffee industry; however, it also poses long-term challenges regarding supply and market fluctuations. Below is detailed information on global coffee prices, domestic coffee prices, and market analysis.
On the global market, coffee prices have simultaneously increased on both major exchanges, London (Robusta) and New York (Arabica). This price surge is supported by factors such as adverse weather conditions in Brazil, tight supply, and rising consumption demand in major markets like the US, Europe, and Asia.
Coffee prices today, March 18, 2025: Simultaneous increase
In the domestic market, coffee prices today also recorded a slight increase following the global trend, ranging from VND 131,000 - 133,000/kg. This is the highest price in many months, bringing good profits to farmers.
Coffee prices rose slightly after several previous declining sessions, increasing by VND 700 - 1,000/kg. The average purchase price is currently at VND 132,800/kg.
Specifically, today's coffee price in Dak Lak is at VND 132,700/kg, in Lam Dong at VND 131,000/kg, in Gia Lai at VND 132,700/kg, and in Dak Nong at VND 133,000/kg.
$ 1 = VND 25.340 - Source: Vietcombank.
Translated by Hoang Duy
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