Coffee prices today, May 23, 2025: Slightly increasing again.
Domestic coffee prices today, May 23rd, are at 124,700 - 125,300 VND/kg. Domestic coffee prices have slightly increased again, by 100 to 200 VND/kg compared to yesterday. The upward trend in coffee prices is limited due to rising coffee inventories monitored by ICE.
Domestic coffee prices today
Domestic coffee prices in the Central Highlands region today, May 23, 2025, have slightly increased again compared to yesterday, fluctuating between 124,700 and 125,300 VND/kg.
Accordingly, traders in Dak Nong province are buying coffee at the highest price of 125,300 VND/kg, a slight increase of 100 VND/kg compared to yesterday.
Similarly, the price of coffee in Dak Lak province is 125,200 VND/kg, an increase of 200 VND/kg compared to yesterday.
Coffee prices in Gia Lai province remained unchanged, trading at 125,000 VND/kg.
In Lam Dong province, the price of coffee increased by 200 VND/kg and reached 124,700 VND/kg.
In Vietnam, according to the Vietnam Coffee and Cocoa Association (VICOFA), in the first 15 days of May, businesses exported nearly 63,000 tons of robusta coffee, earning approximately $345 million, an increase of 83% in volume and 155% in value compared to the same period last year.
A notable point is the strong surge of foreign-invested enterprises in green coffee exports. Their market share has skyrocketed to nearly 40%, compared to around 30% previously.
Most notably, Louis Dreyfus Company Vietnam (LDC) has risen to the top in exports. Meanwhile, the two domestic companies that usually hold the top positions, Intimex and Vinh Hiep, have dropped to third and fourth place respectively.
World coffee prices today
Coffee prices on the world market have fallen sharply on both exchanges:
Robusta coffee (London):
July 2025 delivery: Decreased by $118/ton, to $4,785/ton.
September 2025 delivery: Decreased by $103/ton, to $4,786/ton.
Arabica coffee (New York):
July 2025 delivery: Down 10.65 cents/lb, to 359.65 cents/lb.
September 2025 delivery: Down 9.95 cents/lb, to 357.5 cents/lb.
The US dollar index (DXY) fell to its lowest level in two weeks, contributing to short covering on coffee futures contracts. However, upside potential was limited by rising coffee inventories monitored by ICE.
Inventories of robusta coffee monitored by ICE reached their highest level in eight months at 5,341 lots. At the same time, arabica inventories also increased to 876,019 bags, the highest in three and a half months.
Over the past three weeks, coffee prices have been under pressure due to the prospect of increased production. According to forecasts from the Foreign Agricultural Service (FAS) of the USDA, Brazil's coffee production in the 2025–2026 crop year is expected to reach 65 million bags, a slight increase of 0.5%. Vietnam is projected to see a stronger increase, reaching 31 million bags, up 6.9% compared to the previous crop year.