Coffee price today February 4, 2025: Increased by more than 16% since the beginning of the year
Today's domestic coffee price, February 4, is at 129,700 - 130,700 VND/kg. A sharp increase of 1,700 - 1,900 VND/kg compared to yesterday. Coffee prices on the two exchanges have increased by more than 16% since the beginning of the year.
Domestic coffee prices today
Domestic coffee prices today in the Central Highlands region increased sharply compared to yesterday, fluctuating between 129,700 - 130,700 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 130,700 VND/kg. A sharp increase of 1,700 VND/kg compared to yesterday.
Coffee price in Dak Lak province is 130,500 VND/kg, an increase of 1,700 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND1,700/kg and were traded at VND130,500/kg.
In Lam Dong province, coffee prices increased sharply by VND1,900/kg to VND129,700/kg.
During the 9-day Tet holiday, coffee prices on the trading floors continued to skyrocket, pushing domestic coffee prices close to the peak of 130,000 VND/kg. On the first day back to work, domestic coffee prices exceeded 130,000 VND/kg.
Some regions are still harvesting late-ripening coffee, while most have finished this year’s harvest. This year, coffee growers in the Central Highlands are enjoying the joy of record-high coffee prices, helping people have a warm and happy Tet.
A good coffee crop and good prices not only help people have a stable source of income, but also create conditions for reinvestment in production and maintaining coffee growing areas.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
Delivery in April 2025: Down 156 USD/ton, to 5,562 USD/ton.
Delivery in May 2025: Down 145 USD/ton, to 5,549 USD/ton.
Arabica Coffee (New York):
April 2025 delivery: Up 3.75 cents/lb, to 381.6 cents/lb.
May 2025 delivery: Up 3.3 cents/lb, to 374.65 cents/lb.
The Brazilian Real continues to strengthen against the US dollar and has gained 5.3% since the start of 2025. This, coupled with the news that around 85% of Brazil’s 2024-25 crop has been sold, as well as news that 2025-26 coffee sales are around 6% lower than last year, has supported the market’s bullish momentum.
Meanwhile, other coffee-producing countries around the world are harvesting new crops, gradually showing stronger competitiveness to attract the attention of roasters, especially in a coffee market that is already under pressure from new price increases in the futures market. Producers may need to adjust higher prices to adapt to this volatility.
Commenting on the market this week, expert Nguyen Quang Binh said that both exchanges are in the overbought zone. However, the bullish sentiment is still strong as Mr. Trump imposes tariffs on many countries. Experts predict that both exchanges will adjust downward when supply from Vietnam returns and speculation on the selling floor is strong.
