Coffee prices today 1/9: Fluctuations after 1 week

Bảo Anh |

Today's coffee price on September averages 95,600 VND/kg, down 2,000 VND/kg compared to the same period last week.

Domestic coffee prices today

Coffee prices today in the domestic market have not changed compared to the previous session. According to giacaphe. com, coffee prices on September 1st averaged 95,600 VND/kg.

In Dak Lak, coffee prices were recorded at 95,500 VND/kg, down 1,000 VND/kg after a week.

In Lam Dong, coffee prices are still 95,000 VND/kg. This is the lowest level among the surveyed areas.

In Gia Lai, coffee prices are at 95,500 VND/kg, down 1,000 VND/kg compared to the same time last week.

The old Dak Nong area recorded a level of 95,700 VND/kg. This is the highest level in today's price list.

After 1 week, the price level is still significantly lower than the area of 97,000-97,700 VND/kg recorded last week.

The USD/VND exchange rate according to Vietcombank is recorded at 25,850 VND/USD.

World coffee prices

In the world market, coffee prices fluctuate in opposite directions.

According to Barchart, the December 2026 Arabica futures contract closed down 1.35 US cents/lb, equivalent to 0.43%, to 311.50 cents/lb. Meanwhile, the September 2026 Robusta futures contract stood still, anchored at the $3,492/ton mark.

Coffee price assessment

According to AFP, Vietnam's Central Highlands produces about 1/6 of the world's coffee production, but many farmers are switching from this traditional crop to durian to take advantage of the increasing demand in China for the fruit dubbed the "king of fruits".

Favored by nature with a tropical climate and fertile basalt soil, the Central Highlands produces a large amount of Robusta coffee. Vietnam is currently only behind Brazil in coffee production.

However, according to the Ministry of Agriculture and Rural Development, the area of durian cultivation in Vietnam has increased more than 5 times, to 200,000 hectares in the past decade.

Vietnam officially accessed the Chinese durian market after signing a trade protocol in 2022. By last year, Vietnam had become the largest durian supplier to China in terms of output, ending nearly 20 years of Thailand dominating this market.

Vietnam's durian exports are forecast to reach 4 billion USD this year, a sharp increase compared to 180 million USD in 2021. Of which, 90% of the output is exported to the northern neighboring country.

However, in the Central Highlands, increasing concerns are emerging about dependence on the Chinese market, as well as the risk of oversupply as more and more farmers are running after durian trees.

Many people are worried about the recent plunge in durian prices in Malaysia, believed to be due to an unusual bumper crop in this country.

Farmers still maintain coffee area on land leased from coffee companies, thereby contributing to dispersing risks.

Bảo Anh
RELATED NEWS

Many strong whirlpools appear, possibility of new storms in the next 2 weeks

|

On September 1, low pressure Pilandok officially strengthened into a tropical storm, warning of 4 more monsoon zones likely to form in the next 2 weeks.

Birds suddenly run amidst traffic on National Highway 18 in Quang Ninh

|

Quang Ninh - A ostrich suddenly ran amidst traffic on National Highway 18, traffic police promptly warned and regulated vehicles to ensure safety.

Current status of the nearly 4.6km long riverside road passing through the super ward in Dong Nai

|

Dong Nai - The Cai riverside road project is nearly 4.6km long, passing through Tran Bien and Tam Hiep wards, with a total investment of nearly 574 billion VND.

Lang Son announces emergency situation on 6 national highways

|

Lang Son - Heavy rain caused by storm NARRA damaged 6 national highways along with provincial roads and border patrol roads.

Agricultural product prices today, August 31st: Coffee prices increase at the end of the day

PHAN TUẤN |

Agricultural product prices today, August 31st: The average coffee price is at 95,600 VND/kg.

Agricultural product prices today, August 30th: Coffee price traded at 95,200 VND/kg

PHAN TUẤN |

Agricultural product prices today, August 30th: Average coffee price is at 95,200 VND/kg.

Agricultural product prices today, August 29th: Coffee prices decrease by another 100 VND/kg

PHAN TUẤN |

Agricultural product prices today, August 29th: The average coffee price is at 95,200 VND/kg.