Coffee price today February 12, 2025: Strong increase sets new record
Today's domestic coffee price, February 12, is at 130,000 - 131,000 VND/kg. A sharp increase of 2,000 VND/kg compared to yesterday. In the world market, Arabica is at an unprecedented high.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands today remained unchanged compared to yesterday, fluctuating between 130,000 - 131,000 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 131,000 VND/kg. An increase of 2,000 VND/kg compared to yesterday.
Coffee price in Dak Lak province is 131,000 VND/kg, an increase of 2,000 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND2,000/kg and were traded at VND131,000/kg.
In Lam Dong province, coffee prices increased by VND2,000/kg and reached VND130,000/kg.
Domestic coffee prices continue to rise sharply to a new record, following the trend of world coffee prices. Experts say limited supply and unfavorable weather in major growing regions are factors driving the price increase.
With limited supply and world prices continuing to rise sharply, many experts predict that domestic coffee prices may soon reach or exceed VND132,000/kg this week.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
Delivery in March 2025: Down 22 USD/ton, to 5,649 USD/ton.
Delivery in May 2025: Down 27 USD/ton, to 5,670 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Down 15.5 cents/lb, to 413.55 cents/lb.
May 2025 delivery: Down 17.05 cents/lb, to 404.05 cents/lb.
Coffee futures prices in New York are at an all-time high, with many traders saying the market is 'panic-stricken' due to limited available coffee supplies.
Reports of hot, dry weather patterns developing in Brazil’s coffee-growing regions are one reason coffee prices are hitting record highs, along with farmers in the world’s major coffee-growing countries being reluctant to sell more to the market.
“The panic is finally showing. Coffee prices will continue to rise,” Bob Fish, founder of the Biggby Coffee franchise chain with 350 stores in several US states, told Reuters.
“There are two factors that could end this price increase. One is that Brazil and Vietnam have a high coffee crop, which is not expected to happen until August 2026. Two is that demand from consuming countries has to fall significantly due to high prices,” Mr. Fish said.
In 2025, coffee prices increased by about 35%, while last year coffee prices increased by 70%.
“Coffee supply is improving, but not enough to meet demand. People are feeling that the impact of the weather on coffee production is going to be worse than initially forecast,” Ryan Delany, chief analyst at Coffee Trading Academy, told CNN.