Coffee price today February 27, 2025: Sharp decrease for 3 consecutive days
Today's domestic coffee price, February 27, is at 127,000 - 129,000 VND/kg compared to yesterday. Coffee prices have dropped sharply by 2,500 VND/kg compared to yesterday. Coffee prices have dropped sharply for 3 consecutive days, with historical milestones all moving away.
Domestic coffee prices today
Domestic coffee prices today in the Central Highlands region decreased sharply compared to yesterday, fluctuating between 127,000 - 129,000 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 129,000 VND/kg. A sharp decrease of 2,500 VND/kg compared to yesterday.
Similarly, coffee prices in Dak Lak province are at 129,000 VND/kg, down sharply by 2,500 VND/kg compared to yesterday.
Coffee prices in Gia Lai province decreased by VND2,500/kg and were traded at VND128,800/kg.
In Lam Dong province, coffee prices dropped sharply by VND2,500/kg to VND127,000/kg.
Domestic coffee prices have fallen sharply for three consecutive days, with a total decrease of more than VND5,000/kg. Lam Dong is the province with the highest total decrease of up to VND5,800/kg.
Domestically, demand has weakened as businesses have completed short-term export orders. On the other hand, new crop supplies are still being brought to the market, preventing coffee prices from recovering.
Coffee prices also fell due to continued selling as investors worried about recovering coffee inventories, while demand showed signs of slowing down.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
Delivery March 2025: Down 38 USD/ton, to 5,369 USD/ton.
Delivery in May 2025: Down 36 USD/ton, to 5,333 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Down 5.25 cents/lb, to 370.65 cents/lb.
May 2025 delivery: Down 5.6 cents/lb, to 361.3 cents/lb.
The coffee market is weakening after prices hit record highs, causing demand to slow, according to 12 traders and analysts polled by Reuters.
Traders said there were concerns that demand for coffee would be hit after the recent price surge, while investment funds were scaling back long positions and demand from roasters was also showing signs of waning.
However, Rabobank said coffee exports from Brazil, the world’s largest producer, are slowing due to concerns about a disappointing fifth arabica crop. Inventories in Brazil are still running low, putting further pressure on supply. For Vietnam, Rabobank said new crop exports are also slowing. However, if prices fall sharply, exports could rebound in the near future.
In addition, coffee prices fell due to concerns about consumer purchasing power, especially after the US consumer confidence index fell sharply in February. This index fell 7 points to 98.3 - the lowest in the past 8 months.
