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Coffee price today 7/24/2025: Record price increase

Today's domestic coffee price, July 24, is at 95,300 - 95,700 VND/kg. Coffee prices have increased by a record 3,200 to 3,700 VND/kg compared to yesterday. If Brazilian coffee is taxed, prices could skyrocket, putting pressure on consumers.

Báo Nghệ AnBáo Nghệ An23/07/2025

Domestic coffee prices today

Domestic coffee prices today, July 24, in the Central Highlands region increased to a record high, fluctuating between 95,300 - 95,700 VND/kg.

Accordingly, traders in Lam Dong province are purchasing coffee at 95,700 VND/kg. A record increase of 3,400 VND/kg compared to yesterday.

Similarly, coffee price in Dak Lak province is 95,500 VND/kg, an increase of 3,200 VND/kg compared to yesterday.

Coffee prices in Gia Lai province increased by VND3,300/kg compared to yesterday and were traded at VND95,500/kg.

In Lam Dong province, in Ward 1, Bao Loc, Hoa Ninh, Duc Trong, and Dinh Van Lam Ha communes, coffee prices increased by VND3,700/kg compared to yesterday and are at VND95,300/kg.

Coffee price today 7/24/2025: Record price increase

Yesterday, Robusta prices on the floor dropped sharply from 3,800-4,200 VND/kg, but domestic prices only dropped by 1,600 VND/kg. This shows that the domestic coffee market is still more stable.

In the first 5 months of 2025, Vietnam's coffee exports to the US reached 60,600 tons, up 11% over the same period. The reason is that businesses increased exports during the tax deferral period.

Despite growth, Vietnam's coffee market share in the US will only reach 7%, lower than the 10% level in 2024. Vietnam is still the third largest supplier to the US, but its geographical distance from Brazil may slow down exports.

World coffee prices today

On the London Stock Exchange, the online price of Robusta coffee futures for September 2025 delivery closed the trading session on July 24 at $3,248/ton, down slightly by 1.25% ($41/ton) from the previous session. The November 2025 futures contract fell by 1.59% ($52/ton) to $3,210/ton.

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On the New York Mercantile Exchange, the price of Arabica coffee for September 2025 delivery increased by 0.4% (1.2 US cents/pound) to 297.55 US cents/pound. The November 2025 futures contract increased by 0.48% (1.4 US cents/pound) to 290.1 US cents/pound.

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On the Brazilian exchange, the price of Arabica coffee for delivery in September 2025 increased by 0.91% (3.3 US cents/pound) to 364.15 US cents/pound. The contract for delivery in December 2025 increased by 0.97% (3.4 US cents/pound) to 353 US cents/pound.

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The Trump administration is preparing to impose a 50% tariff on coffee imported from Brazil, which supplies 30% of the coffee consumed in the United States. If implemented, the tariff (in addition to the existing 10% tariff) would cause coffee prices to increase sharply, affecting roasters and consumers.

In addition to Brazil, the US has also announced new tariffs on coffee from Vietnam (accounting for 17% of global production), Colombia (8%), Ethiopia and Indonesia (6%). This makes alternative supplies difficult. According to US statistics, the price of roasted coffee increased by 12.7% and instant coffee increased by 16.3% compared to last year. Currently, each pound (0.45 kg) of ground coffee costs $8.13, up more than $1 in just half a year.

Experts predict a significant price increase in the weeks to months after the tariffs take effect, depending on how much inventory companies have. While roasters can find alternative sources, that may be difficult given that many countries are also subject to similar tariffs.

Source: https://baonghean.vn/gia-ca-phe-hom-nay-24-7-2025-tang-gia-ky-luc-10303009.html


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