Coffee prices today February 17, 2025: World coffee prices set new records
Today's domestic coffee price on February 17 is at 129,500 - 131,000 VND/kg. It continues to increase by 1000 - 1500 VND/kg compared to last week. In the world market, coffee prices also set new records, investors are pushing to sell to take profits.
Domestic coffee prices today
Domestic coffee prices today in the Central Highlands region remained unchanged compared to yesterday, fluctuating between 129,500 - 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.
Similarly, coffee prices in Dak Lak province are at 131,000 VND/kg, unchanged from yesterday.
Coffee prices in Gia Lai province remained unchanged and were traded at VND131,000/kg.
In Lam Dong province, coffee prices remained unchanged at VND129,500/kg.
Coffee prices in Dak Nong, Dak Lak and Gia Lai provinces are all increasing by VND1,500/kg compared to last week. In Lam Dong province alone, coffee prices are trading at the lowest level of VND129,500/kg, an increase of VND1,000/kg.
Thus, coffee prices in the domestic market have increased for 5 consecutive weeks, with a total increase of 11,000 - 12,000 VND/kg. In recent trading sessions, the price has reached 133,000 VND/kg, approaching the historical peak of 134,200 VND/kg achieved in April 2024.
World coffee prices today
Coffee prices on the world market also increased sharply and set new peaks last week.
On the London exchange, the online price of robusta coffee for March 2025 delivery closed on February 15 at $5,735/ton, up 3.1% ($174/ton) from the end of last week; the May 2025 delivery contract increased 2.9% ($162/ton), reaching $5,726/ton.
On the New York Stock Exchange, the price of Arabica coffee for March 2025 delivery closed the weekend trading session at 419.75 US cents/pound, up 3.8% (15.4 US cents/pound) compared to the previous week; the May 2025 futures contract also increased 2.7% (10.7 US cents/pound), closing at 407.4 US cents/pound.
Last week, Arabica coffee prices hit an all-time high of 438.9 US cents/pound on February 14 and Robusta hit a record of 5,817 USD/ton on February 13.
Coffee prices have fallen due to profit-taking. After coffee prices hit a record high last week, investors rushed to sell to preserve profits.
The latest report shows that coffee production in Brazil and Vietnam may increase again in the next crop year, causing speculators to adjust their expectations.
In addition, the stronger US dollar also puts downward pressure on commodity prices, including coffee.
Although coffee prices are showing signs of adjustment, experts say the market still has many potential risks because actual supply has not improved significantly.
