July 11, 2025 | 10:32 GMT +7
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July 11, 2025 | 10:32 GMT +7
Hotline: 0913.378.918
Latest coffee prices domestically and globally as of December 18, 2024
Globally, coffee prices on both the London and New York exchanges turned lower on December 18.
On the London exchange, Robusta prices for January 2025 delivery dropped by $ 14 (equivalent to 0.27%) to $ 5,216/ton. The March 2025 delivery contract fell by $ 35 (equivalent to 0.67%), settling at $ 5,168/ton.
On the New York exchange, Arabica prices for March 2025 delivery decreased slightly by 2.45 cents (equivalent to 0.75%) to 324.95 cents/lb. Meanwhile, the May 2025 delivery contract declined by 2.75 cents (equivalent to 0.85%), reaching 321.90 cents/lb.
The latest Arabica and Robusta prices on December 18, 2024
Global coffee prices today have slightly declined on both the London and New York exchanges as the Fed enters its first day of meetings. A weaker Brazilian realtor has pushed traders to release stock to the market, causing Arabica prices to fall.
The global currency market is in a waiting phase, with all fluctuations being temporary until an official decision is announced by the Fed. Speculation on the exchanges is focused on the possibility of the Fed cutting interest rates during its December 18–19 meeting, with particular attention to projections for 2025.
Additionally, this week is packed with central bank meetings worldwide. Among major central banks, the Fed, the Bank of England (BOE), and the Bank of Japan (BOJ) are all expected to announce their final interest rate decisions for 2024.
Monetary policymakers in other economies across Southeast Asia, Europe, the Middle East, and Latin America are also forecasted to adjust interest rates during their meetings this week.
Thus, global coffee prices on December 18, 2024, have all slightly decreased compared to the previous day.
Domestic coffee prices today have slightly decreased by VND 400 compared to the previous day.
Specifically, in Lam Dong Province, the three districts of Di Linh, Bao Loc, and Lam Ha are all trading at VND 123,000/kg.
In Dak Lak Province, Cu M'gar District is buying coffee at VND 124,200/kg, while Ea H'leo and Buon Ho are trading at VND 124,100/kg.
In Dak Nong Province, traders in Gia Nghia and Dak R’lap are offering prices of VND 124,400/kg and VND 124,300/kg, respectively.
In Gia Lai Province, Chu Prong District is trading at VND 124,200/kg, while Pleiku and La Grai are both at VND 124,100/kg.
In Kon Tum Province, the current purchase price is VND 124,200/kg.
Thus, domestic coffee prices on December 18, 2024, are trading around VND 123,000–124,400/kg.
$ 1 = VND 25.189 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) The average price was down 129 yen from the previous week and below 3,700 yen for the first time in 21 weeks. It dropped by over 100 yen for the third successive week.
(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.
(VAN) Coffee prices on July 3, 2025, declined globally, with Robusta dropping by 1.4%. Domestic prices fell by VND 900, trading at VND 94,300 – VND 94,800/kg.
'Rice prices keep rising while market activity stays sluggish, and many people are struggling to put food on the table,' a source in Ryanggang province told Daily NK.
(VAN) Japanese consumers have made a sharp shift away from high-priced rice to noodles and other cost-effective staples, the start of a possible sea-change in diets in the country, retailers and industry experts say.
(VAN) Global prices of key fertilizer ingredient urea have surged alongside escalating violence in the Middle East, which threatens to choke supplies of the crop nutrient from a significant producing and exporting region.
(VAN) Coffee prices on June 27, 2025, have rebounded globally. Domestic prices rose by VND 3,000, climbing to around VND 93,500 – VND 93,800/kg.
