Coffee price today 3/1/2025: Turning down slightly
Today's domestic coffee price, March 1, is at 128,000 - 130,000 VND/kg compared to yesterday. Coffee prices turned down slightly by 500 VND/kg compared to yesterday.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands today decreased slightly compared to yesterday, fluctuating between 128,000 - 130,000 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 130,000 VND/kg. A slight decrease of 500 VND/kg compared to yesterday.
Similarly, coffee prices in Dak Lak province are at 130,000 VND/kg, down slightly by 500 VND/kg compared to yesterday.
Coffee prices in Gia Lai province decreased by VND500/kg and were traded at VND130,000/kg.
In Lam Dong province, coffee prices decreased by VND500/kg and reached VND128,000/kg.
Domestic coffee prices have fallen mainly due to the impact of international markets. In addition, abundant supplies from Brazil and Vietnam continue to put pressure, making it difficult for prices to remain high.
According to the Vietnam Coffee and Cocoa Association, in the first 15 days of February 2025, Vietnam exported 77,692 tons of green coffee, reaching 417.69 million USD. Compared to the same period last year, the export volume increased by 34%, but the value increased sharply by 133.3%. This reflects the trend of high world coffee prices.
From January 1 to February 15, 2025, Vietnam's total coffee export volume reached 215,260 tons, with a turnover of more than 1.11 billion USD. Although export volume decreased by 23.2% compared to the same period last year, the value still increased by 36.1%, showing that coffee prices are stable and higher than before.
World coffee prices today
Coffee prices on the world market also fluctuate:
Robusta Coffee (London):
March 2025 delivery: Up $18/ton to $5,394/ton.
Delivery in May 2025: Up 9 USD/ton, to 5,346 USD/ton.
Arabica Coffee (New York):
March 2025 delivery: Up 0.95 cents/lb, to 374.55 cents/lb.
May 2025 delivery: Up 1.4 cents/lb, to 366.15 cents/lb.
The coffee market continues to be under pressure from large supplies from Brazil and Vietnam. At the same time, Arabica coffee inventories at ICE are recovering, easing concerns about shortages. Hedge funds are also cutting long positions, pushing coffee prices lower.
Coffee prices are trending down compared to the beginning of the week and the beginning of the month. Since the beginning of February, Robusta prices have lost about $200-300/ton, while Arabica has decreased by more than 10 cents/lb. Market sentiment remains cautious as supplies from major producing countries such as Brazil and Vietnam remain abundant.
Many exporters are also stepping up sales as the market shows signs of slowing down. Meanwhile, coffee inventories at trading floors are increasing, reducing the pressure on supply shortages.
In the short term, coffee prices may continue to correct due to strong selling pressure. However, consumption demand is expected to recover from March onwards, helping prices stabilize.
In the medium term, if inventories continue to rise, the market may face further downward pressure on prices. Conversely, if the weather in Brazil and Vietnam turns out to be unfavorable, the next crop’s output may decrease, helping prices gradually recover.
Long-term forecasts still need to closely monitor supply and demand factors, especially in large markets such as Europe and the US.