Coffee price today March 18, 2025: Continued slight increase
Today's domestic coffee price, March 18, is at 131,000 - 133,000 VND/kg. Coffee prices continue to increase slightly from 700 to 1000 VND/kg compared to yesterday. The average global coffee price has increased by 14.3% compared to last month.
Domestic coffee prices today
Domestic coffee prices today, March 18, 2025, in the Central Highlands region continued to increase slightly compared to yesterday, fluctuating between 131,000 - 133,000 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 133,000 VND/kg. An increase of 1,000 VND/kg compared to yesterday.
Similarly, coffee price in Dak Lak province is 132,700 VND/kg, an increase of 700 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND900/kg and were traded at VND132,700/kg.
In Lam Dong province, coffee prices increased by VND1,000/kg and reached VND131,000/kg.
Coffee prices are rising, helping growers earn high profits. However, longtime coffee growers fear a similar scenario to 1994, when coffee prices hit a historic peak and then fell into a glut, sending prices to multi-year lows.
According to Mr. Trinh Duc Minh, Chairman of Buon Ma Thuot Coffee Association, the fluctuations in coffee prices are only short-term. Many farmers still persist in producing specialty coffee to maintain their brand, even though some areas have had to reduce production.
Currently, each year Vietnam has about 500 - 600 tons of specialty coffee recognized through competitions, but this number is still very low compared to the target of 5,000 tons set for the period up to 2025.
In addition, during the production of specialty coffee, 5,000 - 6,000 tons of high-quality coffee (not meeting specialty standards but still of superior quality) are also produced. This is a source of goods that is very popular in the market due to its good quality and reasonable price.
Despite the volatility in the coffee market, investing in sustainable production and enhancing the value of coffee beans remains an important long-term strategy.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
Delivery in May 2025: Up 106 USD/ton, to 5,503 USD/ton.
July 2025 delivery: Up 107 USD/ton, to 5,484 USD/ton.
Arabica Coffee (New York):
May 2025 delivery: Up 8.1 cents/lb, to 385.3 cents/lb.
July 2025 delivery: Up 7.7 cents/lb, to 378.6 cents/lb.
As coffee prices hit record highs, thefts have increased, particularly on trucks transporting coffee, according to a Reuters report. To combat this, some importers have fitted tracking devices to coffee bags to protect the cargo during transport.
The International Coffee Organization (ICO) also said in its February report that average global coffee prices increased 14.3% month-on-month, while export volumes fell 14.2% year-on-year.
In the US, the National Coffee Association (NCA) has asked the Trump administration to waive tariffs on imported coffee, saying the additional tariffs on Canada and Mexico could increase coffee prices in the US by up to 50%.
NCA President Bill Murray stressed that there is no alternative to imported coffee. He said that unlike other commodities that can be produced domestically, the US does not grow coffee, so tariffs would hit the industry hard.
