Coffee prices today, February 17, 2025: World coffee prices set new records.
Domestic coffee prices today, February 17th, are at 129,500 – 131,000 VND/kg, a further increase of 1000 – 1500 VND/kg compared to last week. On the world market, coffee prices have also set new records, with investors aggressively selling to lock in profits.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region remained unchanged today compared to yesterday, fluctuating between 129,500 and 131,000 VND/kg.
Accordingly, traders in Dak Nong province are buying coffee at the highest price of 131,000 VND/kg. This remains unchanged from yesterday.
Similarly, the price of coffee in Dak Lak province remains unchanged from yesterday at 131,000 VND/kg.
Coffee prices in Gia Lai province remained unchanged, trading at 131,000 VND/kg.
In Lam Dong province, coffee prices remained unchanged at 129,500 VND/kg.
Coffee prices in Dak Nong, Dak Lak, and Gia Lai provinces are all up 1,500 VND/kg compared to last week. In Lam Dong province, however, coffee is trading at a low of 129,500 VND/kg, an increase of 1,000 VND/kg.
Thus, coffee prices in the domestic market have increased for 5 consecutive weeks, with a total increase of 11,000 – 12,000 VND/kg. In recent trading sessions, the price at one point reached 133,000 VND/kg, approaching the historical peak of 134,200 VND/kg achieved in April 2024.
World coffee prices today
Coffee prices on the world market also rose sharply and set new record highs last week.
On the London exchange, online robusta coffee prices for March 2025 delivery closed on February 15th at $5,735 per ton, up 3.1% ($174 per ton) from the end of last week; May 2025 delivery contracts rose 2.9% ($162 per ton), reaching $5,726 per ton.
Meanwhile, on the New York Stock Exchange, the price of Arabica coffee for March 2025 delivery closed the week at 419.75 US cents/pound, up 3.8% (15.4 US cents/pound) from the previous week; the May 2025 contract also increased by 2.7% (10.7 US cents/pound), closing at 407.4 US cents/pound.
Over the past week, arabica coffee prices reached an all-time high of 438.9 US cents/pound on February 14th, and robusta reached a record high of $5,817/ton on February 13th.
Coffee prices reversed course and fell due to profit-taking. After reaching record highs last week, investors intensified selling to protect their gains.
The latest reports suggest that coffee production in Brazil and Vietnam could rebound in the next crop year, prompting speculators to adjust their expectations.
In addition, a stronger US dollar also puts downward pressure on commodity prices, including coffee.
Although coffee prices are showing signs of correction, experts believe the market still faces many risks because the actual supply has not improved significantly.