Coffee price today February 7, 2025: Increased sharply by hundreds of USD/ton
Today's domestic coffee price, February 7, is at 129,500 - 130,500 VND/kg. A sharp increase of 1,200 - 1,400 VND/kg compared to yesterday. Arabica and Robusta coffee prices increased by hundreds of USD/ton.
Domestic coffee prices today
Domestic coffee prices today in the Central Highlands region increased sharply compared to yesterday, fluctuating between 129,500 - 130,500 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 130,500 VND/kg. A sharp increase of 1,300 VND/kg compared to yesterday.
Coffee price in Dak Lak province is 130,400 VND/kg, a sharp increase of 1,400 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND1,400/kg and were traded at VND130,400/kg.
In Lam Dong province, coffee prices increased sharply by VND1,200/kg to VND129,500/kg.
On February 5, the Organizing Committee of the 50th Anniversary of Buon Ma Thuot Victory, the liberation of Dak Lak province (March 10, 1975 - March 10, 2025) and the 9th Buon Ma Thuot Coffee Festival in 2025 issued a plan to organize the Opening Ceremony of the 9th Buon Ma Thuot Coffee Festival.
The opening ceremony will take place at 8:00 p.m. on March 10, 2025, at March 10 Square (Buon Ma Thuot city).
The theme of the Opening Ceremony is: “Buon Ma Thuot - Destination of World Coffee”. Regarding the content, the pre-broadcast program was broadcast live on Dak Lak Radio and Television (DRT) and rebroadcast on Radio and Television of the Central Highlands provinces.
The program is broadcast live on VTV1 channel of Vietnam Television and rebroadcast on DRT, Radio and Television Stations of the Central Highlands provinces.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
March 2025 delivery: Up 12 USD/ton, to 5,655 USD/ton.
Delivery in May 2025: Up 16 USD/ton, to 5,662 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Up 8.7 cents/lb, to 406.45 cents/lb.
May 2025 delivery: Up 9.15 cents/lb, to 399.8 cents/lb.
According to MXV, the Brazilian Real increased in value yesterday, while the USD is moving away from the 108-point mark. In addition, concerns about the supply situation are the two main reasons pushing coffee prices to the peak yesterday.
Supply concerns in the world’s two largest coffee producing countries, Brazil and Vietnam, have pushed coffee prices to record highs. Brazil’s coffee exports hit a record high early in the season, making current availability even more limited.
The global coffee market is experiencing a supply shortage, particularly in Colombia, the world’s third-largest producer, where both domestic and export prices are at historic highs. Central American countries and most high-quality coffee producers are also reporting sharp inventory declines.
When coffee prices are this high, fundamentals become less important. Speculators will continue to speculate. Many will be attracted to coffee after seeing what happened to cocoa and the rally they missed. This has pushed Arabica coffee up for 10 consecutive sessions.
