Coffee prices today, March 19, 2025: Sharp increase across the board.
Today, March 19th, domestic coffee prices are at 132,700 - 134,000 VND/kg. Coffee prices have increased sharply by 1,000 to 1,700 VND/kg compared to yesterday. Experts warn that holding onto coffee at this time could pose potential risks.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today, March 19, 2025, continued to rise compared to yesterday, fluctuating between 132,700 and 134,000 VND/kg.
Accordingly, traders in Dak Nong province are buying coffee at the highest price of 134,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
Similarly, the price of coffee in Dak Lak province is 134,000 VND/kg, an increase of 1,300 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by 1300 VND/kg and are trading at 134,000 VND/kg.
Meanwhile, in Lam Dong province, coffee prices increased sharply by 1700 VND/kg, reaching 132,700 VND/kg.
In recent times, coffee prices have remained high, generating good profits for farmers. However, many experts warn that continuing to hold onto stock at this time could pose significant risks.
According to representatives of the Vietnam Coffee and Cocoa Association, coffee prices are likely to remain stable in the short term. However, in the second and third quarters of 2025, prices could fluctuate sharply as some countries enter their harvest season, especially Brazil, the world's largest coffee producer.
Besides seasonal factors, the market is also influenced by speculation and trade tensions between major countries. Changes in international economic or trade policies can directly impact coffee prices, requiring businesses to be cautious in their decisions to purchase and stockpile goods.
With prices exceeding 100,000 VND/kg, farmers have reaped high profits from selling their coffee. However, for businesses, this presents both opportunities and challenges. While many have profited handsomely from the high coffee prices, a significant number have suffered heavy losses due to improper stockpiling.
World coffee prices today
Coffee prices on the world market are also subject to many fluctuations:
Robusta coffee (London):
May 2025 delivery: Increased by $29/ton, to $5,503/ton.
July 2025 delivery: Increased by $33/ton, to $5,484/ton.
Arabica coffee (New York):
May 2025 delivery: Up 3.45 cents/lb, to 386.85 cents/lb.
July 2025 delivery: Up 3.55 cents/lb, to 380.3 cents/lb.
World coffee prices continued to rise in recent trading sessions due to the impact of dry weather conditions in Brazil and the strengthening Brazilian Real.
According to a report from the Somar Meteorological Agency, the Minas Gerais region, Brazil's largest arabica coffee growing area, received only 30.8 mm of rain in the week ending March 15, 71% of its historical average. This is reducing crop yields and putting pressure on supply.
In addition, the Brazilian Real rose to its highest level in three and a half weeks against the US dollar, reducing the incentive for Brazilian coffee producers to sell and contributing to keeping coffee prices high.
Robusta coffee supplies are also tightening. ICE-monitored robusta coffee inventories fell to 4,288 lots at the end of last week, the lowest level in two weeks.
Another factor driving up coffee prices is the risk of the US imposing tariffs on South American countries. Recently, wholesale coffee prices exceeded $4 per pound in February, partly due to concerns about new US tariffs on coffee-exporting countries.
The United States is currently the world's largest importer and consumer of coffee, with Brazil being the largest supplier to this market. In addition, the US also imports a significant amount of coffee from Colombia and other Central and South American countries.
Currently, negotiations are ongoing between several coffee-exporting countries and the US government. If the new tariff policy is implemented, coffee prices could continue to rise due to higher import costs, affecting both businesses and consumers.
