Coffee price today February 13, 2025: Coffee prices will continue to increase until harvest
Today's domestic coffee price, February 13, is at 129,800 - 131,000 VND/kg. A slight decrease of 200 VND/kg compared to yesterday. According to the Brazilian Coffee Association, coffee prices will continue to increase at least until this year's harvest.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands today decreased slightly compared to yesterday, fluctuating between 129,800 - 131,000 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 131,000 VND/kg. No change compared to yesterday.
Coffee price in Dak Lak province is 130,800 VND/kg, down 200 VND/kg compared to yesterday.
Coffee prices in Gia Lai province decreased by VND200/kg and were traded at VND130,800/kg.
In Lam Dong province, coffee prices decreased by VND200/kg and reached VND129,800/kg.
According to experts, domestic coffee prices have slightly decreased due to the impact of the world market, when Arabica prices on the New York floor fell more than 3.5%. However, domestic supply is still limited, helping prices remain high.
The Ministry of Industry and Trade forecasts that Vietnam's coffee exports in February may decrease slightly compared to the previous month, but the value will remain high due to the peak in global coffee prices.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
March 2025 delivery: Up 22 USD/ton, to 5,701 USD/ton.
Delivery in May 2025: Up 27 USD/ton, to 5,713 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Up 6.65 cents/lb, to 420.1 cents/lb.
May 2025 delivery: Up 5.75 cents/lb, to 410.15 cents/lb.
"Coffee supply has improved, but not enough to meet demand. The impact of weather on production could be more severe than initially expected," said Ryan Delany, chief analyst at Coffee Trading Academy.
Coffee prices will continue to rise in the coming weeks, at least until this year’s harvest, which begins around April or May, the Brazilian Coffee Industry Association said. The main reason behind the price increase is climate events affecting the harvest. Higher consumption worldwide and the emergence of a new consumer market in China also play a significant role.
These factors will impact coffee prices for the next two to three months. After that, coffee prices will likely slow down for a while, with some stability. However, the association estimates that prices will only decline during next year's harvest.
