April 14, 2025 | 19:56 GMT +7
Hotline: 0913.378.918
April 14, 2025 | 19:56 GMT +7
Hotline: 0913.378.918
Coffee prices simultaneously set new highs in the world market during the Lunar New Year.
According to information from some coffee traders, during the Lunar New Year, the world price of coffee has set new records.
Specifically, on January 31 (the 3rd day of Lunar New Year), on the London exchange, Robusta coffee prices surpassed the old record and set a new peak at the price of USD 5,750/ton (the closing price was USD 5,734/ton) for the March 2025 term.
Also on the 3rd day of the Lunar New Year, on the New York exchange, Arabica coffee prices surpassed the old record and set a new peak of 376.85 cents/lb (the closing price was 373.40 cents/lb; 1 lb equals 0.45 kg).
In Vietnam, despite being on the Tet holiday, coffee prices in the Central Highlands provinces increased by VND 1,000-1,300/kg to VND 127,800-129,000/kg.
The reason why world coffee prices increased highly and set new records during the Lunar New Year is that Vietnamese farmers and coffee businesses (the world's largest producer of Robusta coffee) are on the Tet holiday. Meanwhile, Brazilian farmers still do not want to sell due to the instability of the upcoming crop and hope the price will be even higher.
According to the General Department of Vietnam Customs, in the first half of January, Vietnam exported 74,000 tons of coffee, worth USD 399 million.
Translated by Thu Huyen
(VAN) Pepper prices on April 14, 2025, remain unchanged both domestically and globally. Domestic pepper is still trading around VND 154,000 – 157,000/kg.
(VAN) Coffee prices on April 14, 2025, is flat both domestically and globally. Domestic coffee is being traded at a range of VND 123,700 to VND 125,000/kg.
(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.
(VAN) Pepper prices on April 11, 2025, show a slight recovery from both domestic and global markets. Prices stay at VND 148,000 to VND 150,000/kg domestically.
(VAN) Coffee prices on April 11, 2025, increased slightly domestically, at VND 117,300 to VND 119,000/kg, up by VND 1,000 to VND 1,300/kg over yesterday.
(VAN) Coffee prices on April 10, 2025, recorded strong fluctuations in both the global and domestic markets. Domestic coffee prices continued to drop sharply.
(VAN) Pepper prices on April 10, 2025, in the domestic market continued to drop sharply, with a decrease of VND 1,000/kg over the previous trading session.
