Coffee prices today, March 8, 2025: Sharp and uncontrolled drop.
Today, March 8th, domestic coffee prices are at 129,500 - 130,500 VND/kg. Coffee prices have dropped sharply by 3,500 VND/kg compared to yesterday. Global coffee trading is stalled due to excessively high prices.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today, March 8, 2025, have fallen sharply compared to yesterday, fluctuating between 129,500 and 130,500 VND/kg.
Accordingly, traders in Dak Nong province are buying coffee at a maximum price of 130,500 VND/kg, a sharp decrease of 3,500 VND/kg compared to yesterday.
Similarly, the price of coffee in Dak Lak province is 130,500 VND/kg, a sharp decrease of 3,500 VND/kg compared to yesterday.
Coffee prices in Gia Lai province have fallen sharply by 3,500 VND/kg and are trading at 130,300 VND/kg.
In Lam Dong province, the price of coffee decreased by 3,500 VND/kg and is now at 129,500 VND/kg.
Vietnam's coffee exports are reaching record numbers. According to the Vietnam Coffee and Cocoa Association (VICOFA), in February 2025, coffee exports reached 193,031 tons, bringing in $1.08 billion. This is the first time Vietnam's coffee export value has exceeded $1 billion in a single month.
In the first two months of the year, Vietnam exported 343,331 tons of coffee, earning over $1.87 billion. Of this, green coffee beans accounted for 315,615 tons, valued at approximately $1.65 billion. Mr. Nguyen Nam Hai, Chairman of VICOFA, stated that this success stems from a proactive export strategy. Foreign-invested enterprises made a significant contribution, accounting for 27% of export volume, 28% of green coffee bean export value, and up to 86% of processed coffee.
The average export price in the first two months of the year reached US$5,574.5/ton, an increase of 76.3% compared to the same period in 2024. In February alone, coffee prices set a new record at US$5,596/ton. The largest markets for Vietnamese coffee remain Germany, Italy, and Japan, accounting for 16.6%, 9.4%, and 8.2% of market share respectively. Compared to the same period last year, export value to Germany increased by 53%, to Italy by 5.6%, and to Japan by 10.4%.
According to Mr. Nguyen Nam Hai, besides gold, coffee is currently one of the most sought-after commodities on global exchanges. Currently, the price difference between robusta and arabica coffee is approximately $3,000 per ton. When arabica prices rise, many roasters tend to switch to robusta – the type of coffee that Vietnam is a world leader in exporting. This provides a significant advantage, helping Vietnamese coffee prices continue to rise.
World coffee prices today
Coffee prices on the world market are also subject to many fluctuations:
Robusta coffee (London):
Delivery in May 2025: Decreased by $22/ton, to $5,405/ton.
July 2025 delivery: Down $18/ton, to $5,368/ton.
Arabica coffee (New York):
May 2025 delivery: Down 3.1 cents/lb, to 384.05 cents/lb.
July 2025 delivery: Down 3.1 cents/lb, to 374.45 cents/lb.
Global coffee traders and roasters are cutting back on purchases to a minimum due to soaring coffee prices. At the annual meeting of the National Coffee Association in Houston this week, many delegates were surprised by the 70% increase in Arabica coffee futures contracts on the ICE exchange since November 2024. This is the benchmark price for coffee trading worldwide.
Renan Chueiri, CEO of ELCAFE CA in Ecuador, said this is the first time his company hasn't sold its entire annual production by March. Normally, by this time, the entire output would have been sold, but this year, the company has only sold less than 30%. The sharp rise in coffee prices has caused many customers to face cash flow difficulties and be unable to purchase large quantities as before.
The main reason for the rise in coffee prices is the decrease in production in key coffee-growing regions, especially Brazil – the world's leading coffee producer. The declining supply has made traders cautious, buying only what they need instead of placing orders for the future. An anonymous coffee broker said that nobody wants to take risks at this time.
In Brazil, many recent transactions are conducted in a safer manner. After the agreement is finalized, the buyer has seven days to visit the farm or warehouse to inspect the quality of the coffee. If the coffee meets the standards, they pay immediately and the goods are shipped right away.
