Coffee prices hit record highs, heightening speculation risks

  • Coffee grower Ro Cham A Wunh harvests organic coffee. VNA Photo: Hồng Điệp
    Coffee grower Ro Cham A Wunh harvests organic coffee. VNA Photo: Hồng Điệp
  • Gia Lai province' coffee growers harvest coffee fruits. VNA Photo: Hồng Điệp
    Gia Lai province' coffee growers harvest coffee fruits. VNA Photo: Hồng Điệp
  • Coffee grower Ro Cham A Wunh and her husband invest in coffee roasting to ensure high quality organic coffee. VNA Photo: Hồng Điệp
    Coffee grower Ro Cham A Wunh and her husband invest in coffee roasting to ensure high quality organic coffee. VNA Photo: Hồng Điệp
  • A coffee growing area in Gia Lai province. VNA Photo
    A coffee growing area in Gia Lai province. VNA Photo
  • Despite record-high prices, Vietnam’s coffee industry is unlikely to face an oversupply crisis, as land for coffee cultivation remains limited. VNA Photo: Hồng Điệp
    Despite record-high prices, Vietnam’s coffee industry is unlikely to face an oversupply crisis, as land for coffee cultivation remains limited. VNA Photo: Hồng Điệp
Coffee prices are soaring at an unprecedented pace, surpassing expert predictions and raising concerns over market speculation. On February 11, coffee prices in the Central Highlands climbed to 131,000 VND (5.1 USD) per kilogramme, an increase of 2,000 VND from the previous day. On the London exchange, Robusta coffee prices fluctuated between 5,573 USD and 5,696 USD per tonne, while Arabica coffee on the New York exchange surged by 540 USD, reaching 9,460 USD per tonne for the March 2025 contract. The price hike is largely driven by tightening Arabica supply from Brazil—the world’s largest producer—as the country’s harvest season concludes. Meanwhile, farmers are holding back stock, anticipating further price increases. This supply squeeze has sustained Robusta prices at high levels, with the price gap between the two coffee types widening to 3,780 USD per tonne. VNA Photo: Hồng Điệp

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