Coffee price today March 6, 2025: Strong increase breaks new record

Domestic coffee prices today

Domestic coffee prices today, March 6, 2025, in the Central Highlands region increased sharply compared to yesterday, fluctuating between 133,700 - 135,000 VND/kg.

Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 135,000 VND/kg. A sharp increase of 2,000 VND/kg compared to yesterday.

Similarly, coffee prices in Dak Lak province are at 135,000 VND/kg, a sharp increase of 2,000 VND/kg compared to yesterday.

Coffee prices in Gia Lai province increased by VND2,000/kg and were traded at VND134,800/kg.

In Lam Dong province, coffee prices increased by VND2,700/kg to VND133,700/kg.

The previous all-time high price of domestic coffee was recorded on April 30, 2024, when coffee prices reached VND134,400/kg. Today, domestic coffee prices increased sharply, breaking a new record of VND135,000/kg in Dak Lak and Dak Nong.

The sharp rise in coffee prices is mainly due to a decrease in supply due to adverse weather conditions, while consumption is increasing. In addition, factors such as financial speculation, high production costs and new trade regulations also contributed to the price increase.

Consumers are being hit hard by the sharp rise in retail and in-store coffee prices, which has led many to change their consumption habits and switch to cheaper alternatives such as tea or instant coffee.

For farmers, higher prices mean better profits, but rising input costs also significantly reduce real profits. In addition, climate change and high production costs make it difficult to expand cultivated areas, limiting the ability to increase supply in the future.

World coffee prices today

Coffee prices on the world market also fluctuate:

Robusta Coffee (London):

Delivery in May 2025: Up 37 USD/ton, to 5,862 USD/ton.

July 2025 delivery: Up $45/ton to $5,644/ton.

Arabica Coffee (New York):

May 2025 delivery: Up 16.25 cents/lb, to 414.65 cents/lb.

July 2025 delivery: Up 16.2 cents/lb, to 403.9 cents/lb.

February 2025 witnessed a vibrant period for the coffee market. Export volume in the month exceeded 190,000 tons, earning more than 1 billion USD in just one month. Accumulated to February, Vietnam exported more than 343,000 tons of coffee, with a total value of more than 1.87 billion USD.

Notably, foreign direct investment (FDI) enterprises have returned to the market strongly after a period of stagnation. In February, FDI enterprises accounted for 27% of total green coffee export volume and 28% of total export turnover, bringing the foreign market share back to normal after a sudden decline in recent times.

According to Mr. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association (VICOFA), coffee export output in February has not reached a high level compared to previous years. He also commented that current coffee prices are very difficult to predict due to too many unstable factors beyond supply and demand, especially the escalating trade tensions between the US and China, which have greatly affected the global coffee market.