Domestic coffee prices
The domestic coffee market in the morning trading session of June 11, 2026 recorded a remarkable recovery after a series of declines. According to data from key growing areas of the Central Highlands, bulk corn purchasing prices simultaneously increased from 500 to 600 VND per kg compared to the previous session, bringing the average price level of the whole region to the threshold of 85,300 VND/kg.
In Dak Lak and Gia Lai, prices both increased by 500 VND, currently trading at 85,300 VND/kg.
In Dak Nong (old), the purchase price increased by 600 VND, reaching the threshold of 85,400 VND/kg. In Lam Dong, the price of raw coffee beans increased by 500 VND, to 84,800 VND/kg.
Meanwhile, pepper prices remained stable at 140,500 VND/kg, while the USD/VND exchange rate at Vietcombank was recorded at 26,100 VND/USD.
World coffee prices
In the world market, both futures exchanges recorded impressive growth in the nearest closing session thanks to the short covering wave.
On the London exchange, the price of Robusta for July 2026 delivery jumped up 61 USD (equivalent to 1.85%), closing the session at 3,354 USD/ton. On the New York exchange, the price of Arabica for July 2026 delivery also increased by 4.00 cents (equivalent to 1.64%), reaching 248.40 cents/lb.
Coffee price assessment
The direct cause of this strong increase is information from the Japan Meteorological Agency confirming that the El Niño weather phenomenon has officially formed in the equatorial Pacific region.
This opens up a scenario for the following months with floods, droughts and unpredictable temperature fluctuations, directly threatening coffee production in Asia and South America in the near future.
Previously, coffee prices had a period of continuous decline for 6 weeks due to improved global supply prospects with record crop forecasts from Brazil and strong export growth data from Vietnam.
However, market sentiment quickly shifted after the news of El Niño, combined with the fact that coffee inventories on the ICE exchange continued to fall to low levels.
Currently, Arabica inventories on the ICE exchange have fallen to a 6.5-month low of 402,709 bags, creating a very solid technical support for coffee prices ahead of long-term surplus forecasts. Although pressure from large supply still exists, with extreme weather risks such as "Super El Niño" forecast to be 67% likely to occur, coffee price trends in the near future are likely to continue to be strongly affected by climate reports rather than simple yield data.