Domestic coffee prices
The domestic coffee market this morning, April 1st, regained its brilliant green color right from the beginning of the trading session. Agents in the Central Highlands region simultaneously adjusted to increase purchase prices from 1,700 to 1,800 VND/kg, bringing the average price level of the whole region back to the threshold of 89,300 VND/kg.
Detailed changes in key localities are as follows:
In Dak Nong province (old): Recorded the strongest increase with an increase of 1,800 VND/kg, currently the purchase price reaches 89,500 VND/kg.
In Dak Lak province: Coffee prices increased by 1,700 VND/kg, currently trading commonly at 89,200 VND/kg.
In Gia Lai province: Similarly to Dak Lak, the recorded increase is 1,700 VND/kg, bringing coffee prices to 89,200 VND/kg.
In Lam Dong province: After falling the deepest in the previous session, this morning the price jumped up by 1,700 VND/kg, currently listed at 88,700 VND/kg.
World coffee prices
Developments on the world futures exchange last night recorded a strong breakthrough momentum when technical and monetary factors simultaneously supported the buying side.
London Stock Exchange (Robusta): May 2026 futures surged 74 USD (equivalent to 2.16%), closing at 3,493 USD/ton. Robusta prices are firmly supported by actual shortages on the exchange. According to the latest report, Robusta inventories monitored by ICE have fallen to a 3.5-month low, only 4,995 lots as of Tuesday.
New York Stock Exchange (Arabica): The May 2026 futures also recorded a sharp increase of 5.80 cents (equivalent to 1.98%), closing the session at 298.35 cents/lb. The recovery of the Brazilian Real to its highest level in 2 weeks has limited selling pressure from Brazilian farmers, thereby pushing futures prices up.
Market outlook and analysis
The increase in coffee today is influenced by the synergy of many important factors.
The stronger Brazilian Real has caused coffee growers in this country to limit export sales to wait for better prices.
A report from Somar Meteorologia shows that rainfall in the Minas Gerais region (Brazil's largest Arabica growing region) last week only reached 11.7 mm, equivalent to 47% of the historical average. This raises concerns about the yield of the next crop despite forecasts of record output.
The closure of the Strait of Hormuz due to the war in Iran is still causing congestion in global sea transport. This sharply increases freight rates, insurance and fuel costs, directly pushing up the cost of coffee from roasters.
Despite positive recovery, pressure from macro forecasts for Brazil's record crop (up to 75.9 million bags according to Marex Group Plc) is still a "rock" weighing on the long-term trend. Forecasts in the coming sessions, coffee prices will continue to fluctuate strongly.
The actual price at the purchasing yards may differ depending on the quality of the seeds and geographical location.
