Coffee price world unpredictable increase and decrease

Robusta coffee prices on the London floor updated at 15:30 p.m. December 19, 2024 decreased sharply for the second consecutive session from 2-18 USD/ton, fluctuating between 65 – 5005 USD/ton. Specifically, the monthly delivery term January 2025 is 5151 USD/ton (down 5151 USD/ton); the monthly delivery term March 2025 is 65 USD/ton (down 5139 USD/ton); the monthly delivery term May 2025 is 29 USD/ton (down 5085 USD/ton) and the monthly delivery term July 2025 is 18 USD/ton (down 5005 USD/ton).

Lam Dong people harvest the main coffee. Photo: Van Long

In contrast to Robusta coffee prices, Arabica coffee prices on the New York floor increased sharply after yesterday’s price drop, increasing from 3.30 – 7.70 cents/lb, fluctuating from 311.40 – 332.65 cents/lb. Specifically, the monthly delivery term March 2025 is 332.65 cents/lb (up 7.70 cents/lb); the monthly delivery term May 2025 is 327.40 cents/lb (up 5.50 cents/lb); the monthly delivery term July 2025 is 320.70 cents/lb (up 3.75 cents/lb) and the monthly delivery term September 2025 is 311.40 cents/lb (up 3.30 cents/lb).

Similarly, at the end of the trading session, the price of Brazilian Arabica coffee, updated in the afternoon of December 19, 2024, also had a strong increase of 0.30 – 10.45 USD/ton compared to yesterday, fluctuating from 399.85 – 407.35 USD/ton. Specifically, the monthly delivery term December 2024 is 407.35 USD/ton (up 10.45 USD/ton); the monthly delivery term March 2025 is 419.50 USD/ton (up 0.30 USD/ton); the monthly delivery term May 2025 is 408.85 USD/ton (up 7.30 USD/ton) and the monthly delivery term July 2025 is 399.85 USD/ton (up 4.95 USD/ton).

Domestic coffee prices have decreased slightly.

Under the pressure of a sharp drop in the world price of Robusta coffee, domestic coffee prices could not maintain stability and fell for the second consecutive session, but the price decrease was not significant. According to information from Giacaphe.com, updated coffee prices at 2:15 p.m. today, December 19, 2024, the average domestic coffee price was at 30 VND/kg, down -123.200 VND/kg compared to yesterday.

People in Gia Lai province check the quality of green coffee beans before selling. Photo: Hien Mai

Coffee prices in key regions of the Central Highlands (Dak Lak, Lam Dong, Gia Lai, Dak Nong) were recorded to have the same price decrease of -200 VND/kg. Specifically, the price of coffee in Dak Lak is 123.800 VND/kg; the price of coffee in Lam Dong is 122.500 VND/kg; the price of coffee in Gia Lai is 123.600 VND/kg and the price of coffee in Dak Nong is 124.000 VND/kg.

The domestic coffee prices that Giacaphe.com lists every day are calculated based on the prices of two world coffee exchanges combined with continuous surveys from businesses and purchasing agents in key coffee growing areas across the country.

Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for you.

Receive determined Coffee price tomorrow 20/ 12 / 2024

Experts believe that domestic coffee prices in the coming time will be affected by the world market. At the end of the year, financial speculators are gradually withdrawing money from the market, causing prices on the floor to adjust.

According to analysis, there are not many physical transactions. The nature of the fluctuations on the coffee futures exchanges (New York and London) in recent times may be due to financial speculators taking short-term profits.

Accordingly, the recent high price of coffee is not due to a shortage of supply. The reason may be that they are pushing the price up and now is the time to take profits.

Accompanied by the current harvest period, therefore, the adjustment pressure on domestic coffee prices increases as supply is replenished. When coffee prices in the market adjust, accompanied by pressure from increased supply during the harvest period, domestic coffee prices will also decrease.

Based on the downward trend of coffee prices on both international exchanges and domestic markets, it is forecasted that coffee prices on December 20, 2024 may continue the downward trend or remain stable at the current level.