Domestic coffee market: Prices slightly decreased after many increasing sessions
At 12:30 today, domestic coffee prices decreased slightly by 200 VND/kg, reflecting the general adjustment trend of the international market:
Dak Lak, Gia Lai: 130,800 VND/kg, down 200 VND/kg.
Lam Dong: 129,800 VND/kg, down 200 VND/kg.
Dak Nong: 131,000 VND/kg, unchanged.
According to experts, domestic coffee prices have slightly decreased due to the impact of the world market, when Arabica prices on the New York floor decreased by more than 3.5%. However, domestic supply is still limited, helping prices remain high.
The Ministry of Industry and Trade forecasts that Vietnam's coffee exports in February may decrease slightly compared to the previous month, but the value will remain high due to the peak in global coffee prices.
World coffee market: Arabica drops sharply, Robusta adjusts slightly
On the London floor, Robusta coffee prices fell slightly after reaching an all-time high in late January:
Delivery in March 2025: 5,653 USD/ton, down 18 USD (-0.32%).
Delivery in May 2025: 5,663 USD/ton, down 34 USD (-0.60%).
Delivery in July 2025: 5,611 USD/ton, down 35 USD (-0.62%).
Delivery September 2025: 5,538 USD/ton, down 35 USD (-0.63%).
Arabica coffee prices on the New York floor had the sharpest drop in nearly 2 weeks:
March 2025 delivery: 413.45 cents/lb, down 15.60 cents (-3.64%).
May 2025 delivery: 404.40 cents/lb, down 16.70 cents (-3.97%).
July 2025 delivery: 392.15 cents/lb, down 15.90 cents (-3.90%).
September 2025 delivery: 382.05 cents/lb, down 15.40 cents (-3.87%).
Arabica prices fell sharply as hedge funds liquidated long positions after prices had risen steadily in previous sessions. In addition, the latest data showed that coffee inventories in Brazil showed signs of a slight improvement, easing the upward pressure on prices.
Will coffee prices continue to adjust?
Experts say the correction trend may continue in the next few sessions, especially with Arabica, as the market begins to worry about the possibility that prices have reached a short-term peak.
"Coffee supply has improved, but not enough to meet demand. The impact of weather on production could be more severe than initially expected," said Ryan Delany, chief analyst at Coffee Trading Academy.
Meanwhile, Bob Fish, co-founder of Biggby Coffee, said: "The panic has finally come out. Coffee prices will continue to rise if Brazil and Vietnam do not have better crops, but this can only happen by August 2026."
While prices may correct in the short term, the market still faces the risk of supply shortages, especially as farmers in key coffee-growing countries are not ready to sell more.