Coffee price today March 7, 2025: Sharp decrease both domestically and internationally

Domestic coffee prices today

Domestic coffee prices today, March 7, 2025, in the Central Highlands region decreased compared to yesterday, fluctuating between 133,000 - 134,000 VND/kg.

Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 134,000 VND/kg. A slight decrease of 1,000 VND/kg compared to yesterday.

Similarly, coffee prices in Dak Lak province are at 134,000 VND/kg, down slightly by 1,000 VND/kg compared to yesterday.

Coffee prices in Gia Lai province decreased by VND1,000/kg and were traded at VND133,800/kg.

In Lam Dong province, coffee prices decreased by 700 VND/kg and reached 133,000 VND/kg.

Raw coffee prices have more than tripled in the past two years, putting enormous pressure on coffee shops. Shops are forced to recalculate their prices to maintain profits while still retaining customers. Currently, many coffee shops in Ho Chi Minh City have begun to adjust their prices to adapt to the situation.

A cup of iced black coffee now costs VND22,000, up 10% from a month ago. Many other coffee-related drinks have also increased in price by 10-20% in many places. Price increases are inevitable when the cost of raw materials accounts for about 20-35% of a cup of coffee.

However, according to statistics, about 60% of customers are sensitive to price increases. This makes coffee shops have to consider many options to stabilize selling prices, such as cutting operating costs or accepting lower profits to retain customers.

World coffee prices today

Coffee prices on the world market also fluctuate:

Robusta Coffee (London):

Delivery in May 2025: Down 37 USD/ton, to 5,524 USD/ton.

Delivery in July 2025: Down 45 USD/ton, to 5,479 USD/ton.

Arabica Coffee (New York):

May 2025 delivery: Down 20.85 cents/lb, to 389.1 cents/lb.

July 2025 delivery: Down 19.85 cents/lb, to 379.7 cents/lb.

World coffee prices have shown signs of a sharp decline in line with world gold prices. This continues to support the view that "coffee prices are unpredictable and trends are hard to predict" by coffee industry giants in recent times.

According to the Vietnam Coffee and Cocoa Association (VICOFA), from October 2024 to now, Vietnam has exported 607,000 tons of coffee. This figure is still less than 50% of production output, meaning Vietnam still has 7 months to consume the old crop of coffee.

Currently, Vietnam has a large supply advantage in the world market, but this period only lasts until the end of May 2025. After that time, the supply from Brazil will begin to supplement the global market. As the world's number 1 coffee exporter, Brazil is not only the leader in Arabica coffee but also the second in Robusta coffee, after Vietnam.