Coffee price today May 23, 2025: Slight increase again
Today's domestic coffee price, May 23, is at 124,700 - 125,300 VND/kg. Domestic coffee prices have slightly increased by 100 to 200 VND/kg compared to yesterday. The increase in coffee prices is limited due to the increase in coffee inventories monitored by ICE.
Domestic coffee prices today
Domestic coffee prices today, May 23, 2025, in the Central Highlands region increased slightly compared to yesterday, fluctuating between 124,700 - 125,300 VND/kg.
Accordingly, traders in Dak Nong province are purchasing coffee at the highest price of 125,300 VND/kg. A slight increase of 100 VND/kg compared to yesterday.
Similarly, coffee price 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 and were traded at 125,000 VND/kg.
In Lam Dong province, coffee prices increased by VND200/kg and reached VND124,700/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 about 345 million USD, an increase of 83% in output and 155% in value compared to the same period last year.
A notable point is the strong breakthrough of foreign-invested enterprises in exporting green coffee. The market share of this group has skyrocketed to nearly 40%, while previously it only fluctuated around 30%.
Most notably, Louis Dreyfus Company Vietnam (LDC) has risen to the top of exports. Meanwhile, two domestic enterprises that usually hold the top positions, Intimex and Vinh Hiep, have fallen to third and fourth places, respectively.
World coffee prices today
Coffee prices on the world market fell sharply on two floors:
Robusta Coffee (London):
Delivery in July 2025: Down 118 USD/ton, to 4,785 USD/ton.
Delivery in September 2025: Down 103 USD/ton, to 4,786 USD/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 U.S. dollar index (DXY) fell to a two-week low, helping to fuel short-covering in coffee futures, but gains were capped by rising ICE-monitored coffee inventories.
Robusta inventories monitored by ICE hit an eight-month high of 5,341 lots, while arabica stocks also rose to 876,019 bags, a three-and-a-half-month high.
Coffee prices have been under pressure over the past three weeks due to the prospect of increased production. According to the USDA’s Foreign Agricultural Service (FAS) forecast, Brazil’s coffee production in the 2025–26 crop year is expected to reach 65 million bags, up slightly by 0.5%. Vietnam is forecast to see a stronger increase, reaching 31 million bags, up 6.9% from the previous crop year.