Coffee price today January 26, 2025: Continuous increase, record breaking
Today's domestic coffee price, January 26, is at 124,700 - 125,500 VND/kg, a sharp increase of 1,000 - 1,200 VND/kg compared to yesterday. Arabica continuously sets new records, robusta approaches historical peak.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today increased sharply from 1,000 to 1,200 VND/kg compared to yesterday, fluctuating between 124,700 - 125,500 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 125,500 VND/kg. A sharp increase of 1,000 VND/kg compared to yesterday.
Coffee price in Dak Lak province is 125,300 VND/kg, an increase of 1,100 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND1,000/kg and were traded at VND125,000/kg.
In Lam Dong province, coffee prices increased by VND1,200/kg to VND124,700/kg.
In Vietnam, coffee prices rose last week following a rise in London robusta prices, although traders said domestic trading was quiet ahead of the week-long Lunar New Year holiday.
Vietnamese export enterprises are also on Tet holiday, so the supply of coffee from Vietnam continues to be interrupted, causing prices to remain stable and tend to increase.
"From now until May 2025, when Brazil enters its crop season, world buyers will still have to depend on coffee sources from Vietnam, so coffee prices will remain good," said Mr. Do Ha Nam.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
Delivery in March 2025: Up 62 USD/ton, to 5,544 USD/ton.
Delivery in May 2025: Up 76 USD/ton, to 5,499 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Up 3.6 cents/lb, to 347.55 cents/lb.
May 2025 delivery: Up 2.95 cents/lb, to 343.05 cents/lb.
Robusta coffee futures for March 2025 have increased by 13.4% (US$655/ton) in the last six trading sessions. The current robusta coffee futures price is only US$21/ton below the record of US$5,565/ton reached at the end of November last year.
Lingering concerns about global coffee supplies are supporting prices and fueling buying activity from investment funds.
A stronger Brazilian real also supported coffee prices after the real rose to its highest in nearly two months against the dollar on Friday. A stronger real reduces the incentive for Brazilian coffee producers to export.
Traders said persistent anxiety in the coffee sector persisted after record high prices, adding that global inventories were low while supply chain issues had not improved.
New estimates of the country's output are due to be released by trading houses, according to a Brazilian broker, while Commerzbank said concerns about supply shortages appeared "somewhat exaggerated".
