Coffee price today January 20, 2025: Slight increase last week
Today's domestic coffee price on January 20 is at 118,300 - 119,500 VND/kg, a slight increase of 300 - 500 VND/kg compared to last week. Vietnam's coffee export forecast for 2025 is expected to increase modestly.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today increased slightly from 300 to 500 VND/kg, fluctuating between 118,300 - 119,500 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 119,500 VND/kg. A slight increase of 500 VND/kg compared to last week.
Coffee price in Dak Lak province is 119,300 VND/kg, an increase of 300 VND/kg compared to last week.
Coffee prices in Gia Lai province also increased slightly by VND500/kg and were traded at VND119,300/kg.
In Lam Dong province, coffee prices remained unchanged at VND118,300/kg.
Last week, domestic coffee prices increased 3 sessions and decreased 3 sessions, especially on the weekend of January 19, 2025, coffee prices skyrocketed to nearly 120,000 VND/kg, different from the predictions of many experts from the beginning of the year.
Domestic coffee prices are forecast to remain slightly higher at the beginning of the week and remain within the price range of 118,000 to 120,000 VND/kg.
Provinces such as Dak Nong and Dak Lak may increase at prices from 119,500 - 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 also fluctuate:
Robusta Coffee (London):
Delivery in March 2025: Up 117 USD/ton, to 5,006 USD/ton.
Delivery in May 2025: Up 116 USD/ton, to 4,962 USD/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.
It is forecasted that by 2025, Vietnam's coffee exports will continue to grow as supply increases and consumer demand from countries around the world increases.
According to the latest forecast of the US Department of Agriculture (USDA), global coffee production is expected to recover in the 2024-2025 crop year, mainly due to increased output in Vietnam and Indonesia. Meanwhile, with consumption increasing, global coffee inventories at the end of 2024 will decrease further, to 20.9 million bags.
Global coffee exports in 2025 are expected to increase only modestly as increased shipments from Vietnam and Indonesia offset an expected decline in exports from Brazil. Specifically, Vietnam’s coffee exports are expected to increase by 1.8 million bags in 2025 to 24.4 million bags due to improved supply.
Meanwhile, global coffee consumption in 2025 is expected to increase by 5.1 million bags to 168.1 million bags, with most of the increase coming from the European Union (EU), the United States and China.
