July 9, 2025 | 15:39 GMT +7
Hotline: 0913.378.918
July 9, 2025 | 15:39 GMT +7
Hotline: 0913.378.918
On April 10, 2025, global coffee prices experienced notable fluctuations, with a rebound following positive news from the U.S. government. On the ICE Futures London exchange, Robusta coffee prices rose by $ 51/ton, closing at $ 4,873/ton for the May 2025 contract, while the July 2025 contract saw a slight increase of $ 3/ton, reaching $ 4,797/ton.
In contrast, Arabica coffee prices on the New York exchange also recorded a significant recovery. The May 2025 contract rose by 10.1 cents/lb, reaching 353 cents/lb, while the July 2025 contract increased by 10.2 cents/lb, to 351.55 cents/lb.
The main reason behind this price increase came from U.S. President Donald Trump's announcement of a 90-day postponement of retaliatory tariffs. This sparked a positive wave in the coffee market, encouraging investors to return to trading.
In Vietnam, domestic coffee prices on April 10, 2025, continued to drop sharply, with a decrease of VND 2,000/kg compared to the previous day. Currently, coffee prices in the Central Highlands region range from VND 116,000 to VND 118,000/kg.
Coffee prices in Dak Lak, Dak Nong, and Gia Lai provinces all recorded a price of VND 118,000/kg, while Lam Dong province had a lower price of VND 116,000/kg. This decline is believed to be driven by pressure from the global market and concerns among traders regarding the export situation.
In Dak Lak, coffee prices are VND 118,000/kg, down VND 2,000.
In Dak Nong, coffee prices are VND 118,000/kg, down VND 2,000.
In Gia Lai, coffee prices are VND 118,000/kg, down VND 2,000.
In Lam Dong, coffee prices are VND 116,000/kg, down VND 2,000.
Coffee prices in Dak Lak, Dak Nong, and Gia Lai provinces all recorded a price of VND 118,000/kg. Photo: Internet.
According to experts, global coffee prices are under pressure from various factors, including the state of global trade and shifts in U.S. tariff policy. If the U.S. imposes high tariffs on goods imported from Vietnam, it will significantly impact the competitiveness of Vietnamese coffee in the international market.
$ 1 = VND 25.610 - Source: Vietcombank.
Translated by Hoang Duy
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