Domestic coffee prices
Coffee prices today in the domestic market reversed to decrease by at least 300 VND/kg. According to giacaphe. com, coffee prices on September 17 averaged at 94. 300 VND/kg, anchored in the price range of 93. 500-94. 400 VND/kg.
In Gia Lai and Dak Lak, coffee prices were recorded at 94. 200 VND/kg, down 300 VND/kg.
In Lam Dong, the listed coffee price is at 93.500 VND/kg, down 500 VND/kg.
The old Dak Nong area recorded the highest price in the whole region at 94,400 VND/kg, down 300 VND/kg.
The USD/VND exchange rate according to Vietcombank was recorded at 25,795 VND/USD, an increase of 25 VND/USD.
World coffee prices
In the world market, coffee prices simultaneously decreased.
According to Barchart, the September 2026 Robusta futures contract is anchored at 3,400 USD/ton, down 51 USD/ton. In the opposite direction, the November 2026 term is listed at 3,430 USD/ton, down 51 USD/ton. The term from January 2027 to May 2027 is listed in the price range of 3,384 - 3,402 USD/ton, down the most by 48 USD/ton.
Similarly, the September 2026 Arabica futures contract continued to decline by 3.8 cents/lb, down to 295.85 cents/lb. The December 2026 term was offered to the market at 281.55 cents/lb, down 2.1 cents/lb. Further forwards were anchored in the 268.65-173.35 cent/lb range, a decrease of 1.55-1.70 cents/lb.
Assessments and forecasts
The inventory factor is currently a factor hindering the decline of coffee. Arabica coffee on the ICE exchange increased to 233,479 bags by the end of September 16, thereby leaving the 27-year low of 217,646 bags but not creating a truly abundant supply, according to ICE's daily report. ICE added that 16,210 bags have passed quality accreditation to be included in certified inventory, while 2,960 bags do not meet requirements.
Favorable weather conditions in Brazil and Vietnam are also putting pressure on coffee prices. Rainfall higher than normal in Brazil during the current important flowering period may support the 2026-2027 coffee crop, thereby creating downward pressure on prices.
If Brazil's key Arabica coffee growing region has recorded rainfall suitable for the development and fruiting of coffee trees. In Vietnam, the weather forecasting agency also said that abundant rainfall has improved soil moisture and is expected to support the coffee fruit development process in the Central Highlands region, the largest Robusta coffee production region in the country.
In the long term, the coffee market has been under pressure in the past three weeks due to the prospect of abundant global supply. In its latest report, the International Coffee Organization (ICO) forecasts record global coffee production and market surplus.
According to ICO, global coffee production in the 2025-2026 crop year is estimated to increase by 4.4% compared to the previous crop year to a record 183.6 million bags, while consumption decreased by 0.9% to 180.6 million bags. This caused output to exceed demand by about 3 million bags, the market fell into a state of oversupply for the first time after 4 years.
