Domestic coffee prices today
Domestic coffee prices today, July 17, in the Central Highlands region turned down sharply, fluctuating between 91,200 - 91,700 VND/kg.
Accordingly, traders in Lam Dong province are purchasing coffee at 91,700 VND/kg. A sharp decrease of 3,000 VND/kg compared to yesterday.
Similarly, coffee price in Dak Lak province is 91,600 VND/kg, down 3,000 VND/kg compared to yesterday.
Coffee prices in Gia Lai province decreased by VND2,900/kg compared to yesterday and were traded at VND91,500/kg.
In Lam Dong province, in Ward 1, Bao Loc, Hoa Ninh, Duc Trong, and Dinh Van Lam Ha communes, coffee prices decreased by VND3,000/kg compared to yesterday and are at VND91,200/kg.
World coffee prices today
On the London exchange, the online price of Robusta coffee futures contract for September 2025 delivery closed this morning's trading session on July 17 at 3,430 USD/ton, up 0.65% (22 USD/ton) compared to yesterday's trading session; the futures contract for November 2025 delivery increased 1.04% (35 USD/ton), to 3,394 USD/ton.
Similarly, on the New York Stock Exchange, compared to yesterday, the price of Arabica coffee futures for September 2025 delivery increased by 3.11% (9.25 US cents/pound), to 306.6 US cents/pound; the contract for December 2025 delivery increased by 3.12% (9.05 US cents/pound), to 299.3 US cents/pound.
Commodity traders are rushing to get as much coffee from Brazil into the United States as possible before the 50% tariff imposed by former President Donald Trump's administration takes effect on August 1, Reuters reported.
US consumer prices rose in June, partly as the costs of new tariffs began to be passed on to consumers. Coffee was no exception.
To avoid the high tariffs, some companies have changed their routes, bypassing the initial transit ports to bring their coffee containers to the US earlier. Others have chosen to divert Brazilian coffee shipments stored in neighboring countries such as Canada or Mexico to the US market to avoid the upcoming tariffs.
Importers in the US have now begun to announce new wholesale prices, which include the surcharge due to the 50% tariff on shipments arriving after August 1.
Jeff Bernstein, CEO of RGC Coffee, said he has adjusted the schedule of some shipments to arrive at US ports earlier, but there are still trips that cannot be accelerated due to time constraints and transportation conditions.
For shipments still in Brazil, there is no viable way to avoid the tariffs if they cannot reach the U.S. before the deadline. Brazil currently supplies about a third of the coffee consumed in the U.S., both as whole beans and as blends.
Meanwhile, the US only produces about 1% of the coffee it uses, making the country heavily dependent on imports from Brazil.
Source: https://baonghean.vn/gia-ca-phe-hom-nay-17-7-quay-dau-giam-manh-10302444.html
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