Domestic coffee prices
The domestic coffee market in this morning's trading session on March 11 recorded a widespread decline, cutting off the sideways trend of the previous day.
According to surveys, the price of raw coffee beans in the Central Highlands provinces has evaporated by about 800 - 1,000 VND/kg, pushing the average price across the region back to the threshold of 95,700 VND/kg.
In Dak Nong province (old), the current purchase price is 95,800 VND/kg after a decrease of 900 VND/kg.
Two other localities, Dak Lak and Gia Lai, also recorded a decrease of 800 VND/kg, currently trading at 95,700 VND/kg.
Lam Dong province has the strongest adjustment when it decreased by 1,000 VND/kg, bringing coffee prices here to 95,300 VND/kg. Compared to the mark of 96,600 VND/kg on March 10, the market is showing clear signs of adjustment as investors are promoting position clearing.
World coffee prices
On the international market, both London and New York exchanges simultaneously closed in red. On the New York exchange, Arabica coffee futures for May 2026 fell 1.10 cents, equivalent to 0.37%, to 295.80 cents/lb. Profit-taking pressure appeared after a week-and-a-half-long increase due to concerns that the war in Iran disrupted the Strait of Hormuz, causing prices to reverse.
However, information that rainfall in the Minas Gerais region of Brazil last week only reached 14.9 mm, equivalent to 35% of the historical average, is still a factor hindering the deep decline of Arabica.
On the London exchange, Robusta coffee futures for May 2026 fell sharply by 79 USD, equivalent to 2.09%, currently only 3.692 USD/ton. In addition to pressure from inventory recovery on the ICE exchange to the highest level in more than 3 months, strong export data from Vietnam is putting negative pressure on Robusta prices.
According to the latest report, Vietnam's coffee exports in the first two months of 2026 increased by 14% compared to the same period, reaching 360,000 tons. In addition, macroeconomic forecasts about global coffee production in the 2026 crop year. 2027 may reach a record 180 million bags from Rabobank are strengthening the oversupply sentiment of speculators.
