Trade4go Summary
Domestic coffee prices in Vietnam have slightly increased, reaching 117,300 VND/kg in key regions of the Central Highlands, following heavy investment by farmers in crop care. The Ministry of Industry and Trade predicts that Vietnam's coffee exports will reach 1.32 million tons, worth $5.48 billion, in 2024. Global coffee production is expected to recover in 2024-25, primarily due to increased output in Vietnam and Indonesia, despite concerns over a potential decrease in supply from Vietnam due to the Lunar New Year holiday. The coffee industry is showing positive signs of recovery, with increasing consumption and improved outputs expected in 2025, making it a promising year for the coffee market.
Original content
Domestic coffee prices today, January 18 Today, domestic coffee prices recorded a slight increase, with the highest purchase price in key regions of the Central Highlands reaching 117,300 VND/kg. Specifically: Domestic coffee prices today increased simultaneously. Coffee prices in Dak Lak were traded at 117,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday. Today's coffee prices in Lam Dong were purchased by traders at 116,500 VND/kg, an increase of 900 VND/kg compared to the previous trading session. Similarly, today's coffee prices in Gia Lai were traded at 116,800 VND/kg, an increase of 800 VND/kg compared to yesterday's trading level. Today's coffee prices in Dak Nong recorded an increase of 1,000 VND/kg, trading at 117,300 VND/kg. Domestic coffee prices are currently fluctuating between VND116,500 and VND117,300 per kilogram, showing a slight recovery after previous fluctuations. Industry experts say farmers have invested heavily in crop care over the past two ...