Coffee prices today, August 17: Maintaining the increase thanks to many factors

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Coffee prices today, August 17: At the end of the week, domestic prices remained at VND 117,300/kg, while the London and New York exchanges both increased.

Domestic coffee prices

Today, domestic coffee prices remained stable around 116,800 - 117,500 VND/kg, averaging 117,300 VND/kg. In Dak Lak, the price stood at 117,300 VND/kg; Gia Lai 117,200 VND/kg; Lam Dong 116,800 VND/kg; and the old Dak Nong (merged into Lam Dong) at the highest level at 117,500 VND/kg.

Compared to the beginning of 2025, when coffee was traded from 119,000 - 119,800 VND/kg, the price is now about 1,500 - 2,500 VND/kg lower.

Since the beginning of August, domestic coffee prices have increased by about 4,300 - 4,600 VND/kg, from 99,200 - 99,500 VND/kg at the beginning of the month to around 117,000 VND/kg at present.

According to statistics from the Ministry of Agriculture and Environment, in the first 7 months of 2025, coffee exports reached about 1.05 million tons, equivalent to more than 6 billion USD - exceeding the total export turnover for the whole year of 2024.

World coffee prices

In the international market, both London and New York exchanges ended the week in green. Arabica futures for September 2025 increased sharply as inventories fell to a 14.5-month low.

Coffee prices on Friday continued their strong increase this week, driven by technical buying and short-term profit-taking, with breakouts to new highs in 2 months.

Arabica coffee this week increased by a total of +10.4% and Robusta coffee increased by a total of +18%.

Data from the Bureau of Labor Statistics showed coffee prices soared 14.5% in July compared to the same period last year, while the average retail price for a pound of ground coffee was $8.41.

This comes before the 50% tax rate on imports from Brazil - the world's top coffee producer - took effect earlier this month, a move that could increase prices further.

In general, the tariffs are expected to contribute to a 15% to 20% increase in retail prices of ground coffee and importors could switch to alternative suppliers such as Vietnam and Colombia, according to Bernstein's analyst Danilo Gargiulo.

Before the tax, coffee prices had risen due to unfavorable weather conditions in leading coffee producing countries - up 38.8% in 2024 compared to the average of a year before, according to a report by the Food and Agriculture Organization of the United Nations.

Meanwhile, demand for coffee is expected to skyrocket.

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