Coffee price world single maintain stability

Robusta coffee prices on the London floor, updated at 15:30 p.m. on December 22, 2024, remained stable compared to yesterday, fluctuating between 4849 and 5011 USD/ton. Specifically, the monthly delivery term January 2025 is 5011 USD/ton; the monthly delivery term March 2025 is 5002 USD/ton; the monthly delivery term May 2025 is 4934 USD/ton and the monthly delivery term July 2025 is 4849 USD/ton.

People in Pleiku City, Gia Lai Province harvest organic coffee. Photo: Hien Mai

Similarly, the price of Arabica coffee on the New York floor also remained stable at 302.75 – 325.00 cents/lb. Specifically, the monthly delivery term March 2025 is 325.00 cents/lb; the monthly delivery term May 2025 is 319.30 cents/lb; the monthly delivery term July 2025 is 311.65 cents/lb and the monthly delivery term September 2025 is 302.75 cents/lb.

Brazilian Arabica coffee prices were updated at 15:30 on December 22, 2024 as follows: Monthly delivery term December 2024 is not traded; monthly delivery term March 2025 is 406.45 USD/ton; monthly delivery term May 2025 is 398.10 USD/ton; monthly delivery term July 2025 is 387.85 USD/ton.

Domestic coffee prices stagnate

According to information from Giacaphe.com, updated coffee prices at 15:30 p.m. today December 22, 2024, the average domestic coffee price is at 121.100 VND/kg.

The highest coffee purchase price in key regions of the Central Highlands is still recorded at 121.300 VND/kg. Specifically, today’s coffee price at Dak Lak at 121.000 VND/kg, coffee price at Lam Dong has a price of 120.500 VND/kg. Meanwhile, the price of coffee at Gia Lai Today the price is 121.000 VND/kg. Coffee price at Dak Nong Today price is 121.300 VND/kg.

Coffee garden laden with fruit in Lien Hiep commune, Duc Trong district, Lam Dong province. Photo: Le Son

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 farmers and coffee purchasing businesses.

Coffee price prediction tomorrow December 23, 2024

Domestic coffee prices on December 22, 2024 fluctuated from 120.500 – 121.300 VND/kg, down 3.000 – 4.000 VND/kg compared to last week. In the world market, robusta coffee prices continued to decrease, while arabica tended to increase slightly.

Weather forecasts in major coffee growing regions such as the Central Highlands (Vietnam) and Minas Gerais, São Paulo (Brazil) show heavy rains, which could affect coffee harvest and quality.

In addition, the strong increase in domestic coffee consumption, forecast to reach 270.000 – 300.000 tons, combined with low production output, may affect export supply. However, according to forecasts, coffee prices may increase again in the near future.

Combining the above factors, it is forecasted that coffee prices on December 23, 2024 may increase slightly, but will still be affected by market fluctuations and weather conditions.