Coffee price today, April 25, 2024, increased by 300 VND/kg, businesses cannot react in time to face the risk of bankruptcy.

Domestic coffee prices

The domestic coffee market today increased slightly compared to the same time yesterday. Domestic coffee prices were updated at 5:00 a.m. on April 25, 2024 as follows, coffee prices increased by 300 – 500 VND/kg. The current average price is around 129,000 VND/kg in the Central Highlands provinces, the highest buying price in Dak Nong and Dak Lak provinces is 129,300 VND/kg.

Coffee price list today April 25, 2024

Market	Medium	Change
Dak Lak	129,300	+300
Lam Dong	128,300	+300
Gia Lai	128,500	+500
Kon Tum	128,500	+500
Dak Nong	129,300	+300

In detail, localities are purchasing coffee at prices ranging from 128,300 – 129,300 VND/kg.

Dak Lak coffee prices

Coffee price today (April 25) in Dak Lak province today increased by 300 VND/kg compared to the previous day; Cu M’gar district (Dak Lak) coffee price today is 129,300 VND/kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today’s coffee price is the same 129,200 VND/kg.

Coffee prices in Dak Lak were surveyed from the following regions: Buon Ma Thuot, Buon Ho, Cu M’gar, Ea H’leo, Krong Nang, Krong Pak, Krong Buk and Krong Ana.

Coffee prices in Dak Nong

Dak Nong coffee price today April 25, 2024, purchased at 129,300 VND/kg in Gia Nghia and 129,200 VND/kg in Dak R’lap.

The latest coffee prices in Dak Nong were surveyed from the following regions: Dak Mil, Dak Song, Krong No

Coffee prices in Lam Dong

Price of green coffee beans (green coffee, fresh green coffee) in Lam Dong province in districts such as Di Linh, Lam Ha, Bao Loc, coffee is purchased at a price of 128,300 VND/kg.

The latest coffee prices in Lam Dong were surveyed today from regions and cities: Bao Loc, Di Linh, Lam Ha, Da Lat and Duc Trong.

Gia Lai coffee prices

In Gia Lai province, today’s coffee price is 128,500 VND/kg (Chu Prong), in Pleiku and La Grai the same price is 128,400 VND/kg.

Kon Tum coffee prices

Coffee price today April 25 in Kon Tum province is purchased at 128,500 VND/kg.

In the last 3 days, the price of Central Highlands coffee has increased from 2,000 – 3,000 VND/kg every day despite world market developments. With that upward momentum, Central Highlands coffee prices will surpass the historic mark of 130,000 VND/kg this week.

Update world coffee prices

At the end of the trading session, the price of Robusta coffee on the London floor at 5:30 a.m. on April 25, 2024 increased sharply, ranging from 4,060 – 4,509 USD/ton. Specifically, the delivery term in May 2024 is 4,509 USD/ton (an increase of 284 USD/ton); Delivery term in July 2024 is 4,283 USD/ton (up 166 USD/ton); Delivery term in September 2024 is 4,192 USD/ton (up 148 USD/ton) and delivery term in December 2024 is 4,060 USD/ton (up 136 USD/ton).

Similarly, the price of Arabica coffee on the New York floor on the morning of April 25 increased sharply. Specifically, the delivery term in May 2024 is 226.20 cents/lb (up 2.01%); July 2024 delivery period is 224.65 cents/lb (up 2.11%); September 2024 delivery period is 222.95 cents/lb (up 2.11%) and December 2024 delivery period is 222.25 cents/lb (up 2.02%).

Brazilian Arabica coffee prices on the morning of April 25, 2024 increased and decreased slightly. Specifically, the delivery term in May 2024 is 273.00 USD/ton (down 1.46%); July 2024 delivery period is 278.00 USD/ton (down 2.60%); Delivery period in September 2024 is 272.50 USD/ton (up 1.32%) and delivery period in December 2024 is 267.90 USD/ton (up 1.15%).

Most trading months of Robusta coffee hover around the high level of over $4,000/ton, proving that this type of coffee is not ready to decline.

Coffee prices increased so quickly that some businesses were unable to react quickly and faced the risk of bankruptcy.

According to some coffee dealers in the Central Highlands, there is currently not a lot of goods left in the population, while some businesses have a great need to have goods to deliver according to contracts, so they continuously raise prices and collect goods. .

According to VICOFA, the 2023/24 coffee crop has only been over for 6 months but the domestic and world markets are having many big fluctuations. Coffee prices have more than doubled compared to the same period last year, causing a major impact on businesses in the production, processing, purchasing, supply and export coffee business chains.

Coffee prices are increasing so quickly and so high that some businesses cannot react in time. They signed a contract with a partner in advance and collected goods later, but the price increased rapidly, leading to the risk of not collecting enough goods. bankrupt.

The Coffee – Cocoa Association (VICOFA) also admitted that there had been a number of disputes due to failure to deliver goods according to the contract and partners had to take each other to court.