Domestic coffee prices
Under the impact of the increase of the international exchange, domestic coffee prices on February 20 continued to maintain strong resistance in key growing areas of the Central Highlands. Although it is during the Binh Ngo Tet holiday in 2026 and agents are temporarily suspending transactions, the purchase price of raw materials is still firmly anchored at the highest level since the beginning of the year, approaching the 98,000 VND/kg mark.
Detailed records in localities:
Dak Nong (old): Maintains the leading position with a price of 97,900 VND/kg.
Dak Lak and Gia Lai: Maintain stability around the threshold of 97,700 VND/kg.
Lam Dong: Continuing to anchor at 96. 400 VND/kg.
The stability of domestic prices even when the export market is in a resting phase shows that the price base this year has been established at a new level, difficult to push back deeply.
World coffee prices
The focus of the trading session on February 20th was a simultaneous recovery on both the London and New York exchanges after hitting short-term bottoms.
London Stock Exchange (Robusta): May 2026 futures rose sharply by 64 USD (equivalent to 1.77%), reaching 3,683 USD/ton. The March 2026 contract also recorded an increase of 53 USD, up to 3,734 USD/ton. Technical bottom-fishing buying force appeared when the price touched a strong support level, despite the very positive production prospects from Brazil.
New York Stock Exchange (Arabica): Not standing outside the trend, Arabica for March 2026 delivery increased by 2.95 cents (equivalent to 1.04%), to 287.55 cents/lb. The May 2026 term also edged up by 2.05 cents, reaching 285.15 cents/lb.
This development partly reflects that actual demand is still stable in major consumer markets such as Europe and the US, while standard inventory on the ICE exchange, although recovering, is still not enough to put down selling pressure again.
Market opinion
The reversal of world prices is creating an interesting scenario for the Vietnamese coffee market right after the Tet holiday. On the one hand, the forecast of Brazil's record output of 66.2 million bags in 2026 is still suspended pressure. On the other hand, the USD/VND exchange rate is currently anchored at a high level (25,750 - 25,770 VND/USD) along with the decrease in exports of other competitors such as Colombia, creating a very good support for Vietnamese coffee prices.
Farmers and investors should pay attention, when the domestic market reopens for trading after Tet, the world's recovery waves will be an opportunity to close prices in potential areas. The short-term trend will depend a lot on the weather situation in key growing areas of Brazil next week.
