Coffee Prices Today, February 24, 2025: Holding Steady at 134,000 VND/kg

Global coffee prices showed no fluctuation on February 24, 2025. Robusta coffee futures on the London exchange held steady at 5,712 USD/ton for March 2025 delivery and 5,717 USD/ton for May 2025 delivery. Arabica coffee futures on the New York exchange remained at 389.25 cents/lb for May 2025 delivery and 378.90 cents/lb for July 2025 delivery. This stability follows last week's declines in both markets. Domestically, Vietnamese coffee prices remained stable, ranging from 132,800 to 134,000 VND/kg across various provinces including Lam Dong, Dak Lak, Dak Nong, Gia Lai, and Kon Tum. This contrasts with the global market trend, as domestic prices increased significantly last week. Dak Lak province, a leading coffee producer in Vietnam, emphasizes improving coffee quality and adhering to international standards for export. The province aims to strengthen the coffee sector's contribution to economic growth through enhanced processing and adherence to importer requirements.