Coffee prices today, January 20, 2025: Slight increase over the past week.
Today, January 20th, domestic coffee prices are at 118,300 – 119,500 VND/kg, a slight increase of 300 – 500 VND/kg compared to last week. Vietnam's coffee exports are projected to increase modestly in 2025.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today saw a slight increase of 300 to 500 VND/kg, fluctuating between 118,300 and 119,500 VND/kg.
Accordingly, traders in Dak Nong province are buying coffee at the highest price of 119,500 VND/kg, a slight increase of 500 VND/kg compared to last week.
Coffee prices in Dak Lak province are at 119,300 VND/kg, an increase of 300 VND/kg compared to last week.
Coffee prices in Gia Lai province also increased slightly by 500 VND/kg and are trading at 119,300 VND/kg.
In Lam Dong province, the price of coffee remained unchanged at 118,300 VND/kg.
Last week, domestic coffee prices saw three increases and three decreases, particularly on the last day of the week, January 19, 2025, when coffee prices surged to nearly 120,000 VND/kg, contrary to predictions from many experts at the beginning of the year.
Domestic coffee prices are forecast to continue rising slightly at the beginning of the week, remaining within the range of 118,000 to 120,000 VND/kg.
Provinces like Dak Nong and Dak Lak may see price increases ranging from 119,500 to 120,000 VND/kg, followed by Gia Lai and Lam Dong provinces, which are forecast to reach 119,800 VND/kg and 118,800 VND/kg respectively.
World coffee prices today
Coffee prices on the world market are also subject to many fluctuations:
Robusta coffee (London):
March 2025 delivery: Increased by $117/ton, to $5,006/ton.
May 2025 delivery: Increased by $116/ton, to $4,962/ton.
Arabica coffee (New York):
March 2025 delivery: Up 1.2 cents/lb, to 328.35 cents/lb.
May 2025 delivery: Up 1.45 cents/lb, to 324.6 cents/lb.
Forecasts indicate that Vietnam's coffee exports will continue to grow in 2025 as supply increases and consumer demand worldwide rises.
According to the latest forecast from the US Department of Agriculture (USDA), global coffee production is expected to recover in the 2024-2025 crop year, mainly due to increased production in Vietnam and Indonesia. Meanwhile, with increasing consumption, global coffee inventories at the end of 2024 will further decrease to 20.9 million bags.
Global coffee exports in 2025 are projected to increase only modestly, with rising exports from Vietnam and Indonesia offsetting an expected decline in Brazil's exports. Specifically, Vietnam's coffee exports are expected to increase by 1.8 million bags in 2025, reaching 24.4 million bags, thanks to improved supply.
Meanwhile, global coffee consumption in 2025 is projected to increase by 5.1 million bags, reaching 168.1 million bags. The majority of this increase will come primarily from the European Union (EU), the United States, and China.
