Coffee prices today January 18, 2025: Continue to increase nationwide
Today's domestic coffee price, January 18, is at 116,500 - 117,300 VND/kg, an increase of 800 - 1,000 VND/kg compared to yesterday. Coffee prices are forecasted to continue to increase slightly tomorrow (January 19, 2025).
Domestic coffee prices today
Domestic coffee prices today in the Central Highlands region increased sharply from 1,500 to 1,800 VND/kg, fluctuating between 115,600 - 116,300 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 116,300 VND/kg. A sharp increase of 1,800 VND/kg compared to yesterday.
Coffee price in Dak Lak province is 116,000 VND/kg, an increase of 1,500 VND/kg compared to yesterday.
Coffee prices in Gia Lai province also increased sharply by VND1,600/kg and were traded at VND116,000/kg.
In Lam Dong province, coffee prices increased by VND1,600/kg, to VND115,600/kg.
Based on current developments, domestic coffee prices tomorrow (January 19, 2025) are forecast to continue to increase slightly in key localities. Prices in Dak Nong may reach 116,500 - 116,800 VND/kg, while Dak Lak and Gia Lai fluctuate from 116,300 - 116,500 VND/kg. Lam Dong, with the lowest price in the region, is expected to trade around 115,800 VND/kg.
In the international market, robusta prices are likely to adjust within a narrow range, while arabica may recover slightly if demand signals from major importers become clearer.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
March 2025 delivery: Up $125/ton, to $5,014/ton.
Delivery in May 2025: Up 117 USD/ton, to 4,963 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Up 1.5 cents/lb, to 328.65 cents/lb.
May 2025 delivery: Up 1.65 cents/lb, to 324.8 cents/lb.
South America continues to be the largest coffee exporting region and has high growth while Asia has decreased, mainly due to a sharp decline in supply from Vietnam.
In addition to the weather factor that causes Vietnam's coffee harvest to be slower, with harvest not until December, the financial needs of garden owners are also the reason why orders are not sold out en masse.
