Domestic coffee prices today
Continuing the strong increase, coffee prices today, April 12, continued to increase strongly. In the domestic market, green coffee has increased by 2,000 - 2,200 VND/kg, bringing the common price to about 123,700 - 125,000 VND/kg.
Accordingly, in Dak Lak, coffee is traded at 125,000 VND/kg, an increase of 2,000 VND/kg.
Lam Dong recorded the strongest increase, an increase of VND 2,200, to VND 123,700/kg.
Gia Lai and Dak Nong both increased to VND125,000/kg, an increase of VND2,000 compared to the previous trading session.
World coffee prices today
On the London Stock Exchange, Robusta coffee futures for May 2025 increased sharply by 162 USD, closing at 5,099 USD/ton. July term increased by 153 USD, to 5,049 USD/ton. Long terms such as September and November have adjusted sharply, fluctuating around 4,971 - 4,899 USD/ton.
On the New York Stock Exchange, Arabica's May futures increased by 14.85 cents, closing at 357.70 cents/lb. Other terms such as July and September moved in the same direction, closing at 353.60 cents/lb and 347.80 cents/lb, respectively.
Prices recovered strongly after the US announced a 10% reduction in coffee import tax from Vietnam, much lower than the previously worried 46%.
Overview and assessment
Domestic coffee prices are expected to continue to increase in the context of limited global coffee supply. According to information from the Department of Agriculture and Environment, the US has temporarily suspended the application of high tariffs on some agricultural products, including coffee. This move has helped improve the psychology of manufacturers and traders.
Current coffee prices may be affected by many factors. The US President's temporary suspension of applying high tariffs has helped reduce concerns about rising coffee prices, creating conditions for Vietnamese exporters. Meanwhile, a decline in Brazil's coffee exports due to extreme weather has reduced supply, affecting global coffee prices to increase sharply.
With about 75% of Americans drinking coffee regularly, coffee consumption demand in this large market is still maintaining stability, somewhat putting pressure on prices.
