Domestic coffee market: Prices increase sharply, approaching the 130,000 VND/kg mark
In the domestic market, coffee prices continued to increase by 1,000 - 1,300 VND/kg compared to yesterday. This is the third consecutive increase, helping domestic purchasing prices reach an all-time high, fluctuating between 127,800 - 129,000 VND/kg.
Lam Dong: Coffee price in Di Linh, Lam Ha, Bao Loc today reached 127,800 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
Dak Lak: Cu M'gar, Ea H'leo and Buon Ho districts all recorded 128,800 VND/kg, an increase of 1,200 VND/kg.
Gia Lai: Coffee prices in Chu Prong, Pleiku and La Grai all reached 128,800 VND/kg, an increase of 1,300 VND/kg, the strongest increase of the day.
Dak Nong: Traders in Gia Nghia purchased at 129,000 VND/kg, an increase of 1,200 VND/kg, continuing to be the area with the highest purchasing price in the country.
Domestic coffee prices increased sharply due to continued high market demand, while supply was limited as the harvest season was gradually coming to an end.
World coffee market: Robusta and Arabica both hit new peaks
On the London exchange, Robusta coffee prices continue to increase sharply:
March 2025 contract: 5,734 USD/ton, up 125 USD (+2.23%).
May 2025 contract: 5,709 USD/ton, up 126 USD (+2.26%).
Contract for delivery in July 2025: 5,625 USD/ton, up 114 USD (+2.07%).
Contract for delivery in September 2025: 5,524 USD/ton, up 109 USD (+2.01%).
Meanwhile, on the New York floor, Arabica coffee prices also recorded a sharp increase:
March 2025 contract: 373.40 cents/lb, up 6.85 cents (+1.87%).
May 2025 contract: 368.15 cents/lb, up 6.80 cents (+1.88%).
July 2025 contract: 361.30 cents/lb, up 6.85 cents (+1.93%).
September 2025 contract: 351.70 cents/lb, up 6.55 cents (+1.90%).
Both of the world’s largest coffee exchanges recorded strong gains, with Robusta continuing to be supported by strong demand from Asian markets, while Arabica rose thanks to a weaker US dollar and no signs of improvement in supply from Brazil.
Will coffee prices continue to rise?
According to experts, coffee prices are likely to continue to increase in the coming time due to strong supporting factors:
Tight supply: Currently, coffee supply from Vietnam - the world's largest Robusta exporter - remains limited as many farmers have not sold all their output, expecting higher prices.
Adverse weather in Brazil: Brazil's main coffee growing regions are facing a prolonged drought, affecting new crop production.
USD index falls: The weaker USD makes commodity prices, including coffee, more attractive to investors.
However, experts also warn that coffee prices may fluctuate strongly in the coming time, especially when the market shows signs of correction after a series of consecutive increases. Coffee growers need to closely monitor market developments to make appropriate selling decisions, avoiding dumping when prices peak.
