Coffee price today February 21, 2025: Domestic price increased, expected to reach 135,000 VND/kg

Domestic coffee prices today

Domestic coffee prices today in the Central Highlands continued to increase sharply from 800 to 1,400 VND/kg compared to yesterday, fluctuating between 132,200 - 133,500 VND/kg.

Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 133,500 VND/kg. An increase of 1,000 VND/kg compared to yesterday.

Coffee price in Dak Lak province is 133,300 VND/kg, a slight increase of 800 VND/kg compared to yesterday.

Similarly, coffee prices in Gia Lai province increased by VND800/kg and were traded at VND133,300/kg.

In Lam Dong province, coffee prices increased sharply by VND1,400/kg and reached VND132,200/kg.

After a downward adjustment last week, domestic coffee prices have quickly recovered. Compared to the lowest level last week (VND129,800/kg), coffee prices have now increased by about VND2,700 - 3,000/kg, reinforcing the upward trend after several downward adjustments.

For the past week, domestic coffee prices have hovered around 130,000 VND/kg, with trading activity becoming more active as both buyers and sellers have agreed on a price. Many domestic coffee roasters have also been actively importing goods because they cannot wait for prices to drop any longer.

Coffee prices on February 21, 2025 are expected to increase to nearly VND 135,000/kg - a record set in April 2024. Investors and farmers should closely monitor market developments to make appropriate decisions.

World coffee prices today

Coffee prices on the world market also fluctuate:

Robusta Coffee (London):

Delivery March 2025: Down 81 USD/ton, to 5,675 USD/ton.

Delivery in May 2025: Down 65 USD/ton, to 5,681 USD/ton.

Arabica Coffee (New York):

March 2025 delivery: Down 20.35 cents/lb, to 391.55 cents/lb.

May 2025 delivery: Down 17.4 cents/lb, to 379.9 cents/lb.

Advance sales of 2025-2026 production have been slow, reaching only 13%, much lower than the four-year average of 22%, indicating a shortage of new supply and farmers' reluctance to sell.

Brazil's Cooxupe Coffee Cooperative, the country's largest coffee exporter, forecasts coffee output from farmers to fall by nearly 10% in 2025 as hot, dry weather last year hit coffee production in the regions where it operates, Reuters reported.

Dry weather is forecast to continue in Brazil next week, while the pace of decline in ICE-certified arabica coffee inventories is accelerating.