Domestic coffee prices increase for the second consecutive session
In the domestic market, coffee prices today recorded an upward trend in all key regions.
In Dak Lak, the coffee purchase price today is at 133,500 VND/kg, an increase of 1,200 VND compared to yesterday.
In Gia Lai, coffee prices also increased sharply by 1,300 VND, currently reaching 133,500 VND/kg.
In Lam Dong, coffee prices recorded an increase of VND 1,100, up to VND 132,300/kg.
In Dak Nong, coffee prices today reached VND133,600/kg, the highest among the surveyed provinces, an increase of VND1,300/kg.
World coffee prices increase sharply
On the London Stock Exchange, Robusta coffee prices increased strongly in the trading session on April 1 (local time). Most recent term contract:
The May 2025 term increased by 103 USD, closing at 5,372 USD/ton.
The July 2025 term increased by 111 USD, reaching 5,406 USD/ton.
The September 2025 term increased by 111 USD, to 5,374 USD/ton.
The November 2025 term increased the most, to 119 USD, closing at 5,296 USD/ton.
The increase range from 1.95% to 2.30%, showing strong buying power again as the market found support around the 5,200 - 5,300 USD/ton mark last week.
Notably, trading volumes for May and July terms reached 9,938 tons and 10,565 tons respectively, reflecting a significant increase in speculative and defense activities compared to the previous session.
At the same time, the New York exchange recorded an equally strong increase for Arabica coffee.
The May 2025 term increased by 9.3 cents, to 389.05 cents/lb (+2.45%).
The July 2025 term increased by 9.8 cents, reaching 385.20 cents/lb (+2.61%).
The September 2025 term increased by 10 cents, to 380.35 cents/lb (+2.70%).
The December 2025 term increased by 9.6 cents, to 372.80 cents/lb (+2.64%).
The common increase of more than 2.5% shows that market sentiment has shifted positively again after the adjustment period. The high trading volume, especially at the May term with more than 18,400 lots, also reflects the consolidated confidence of speculators.
In addition to technical factors, the recovery of Arabica prices also comes from information that coffee inventories certified on the New York exchange continue to decrease and uneven rainfall in key growing areas in Brazil.
Reasons for the sharp increase in the coffee market
Weather developments continue to be the main dominating factor. In Brazil - the world's largest coffee producer, showers have appeared in coffee growing areas, but not enough to ensure sustainable moisture. The concern about drought is still present, especially in Minas Gerais (main Arabica growing area) and Espirito Santo (Robusta).
In Vietnam, the Central Highlands weather continues to be hot and dry, increasing concerns about the shortage of irrigation water and affecting coffee growth. This development may affect the next crop output.
Analysts also note the market psychological factor: after coffee prices were adjusted down in the last week of March, the market entered the "defence" zone and now there is technical buying power when prices maintain the support zone.
Forecast and prospects
In the short term, coffee prices are likely to continue to fluctuate within a wide range as the market is still dominated by "weather" and speculative psychology. The recovery signals on the two exchanges show that prices are expected to remain in the high range if there is no unexpected negative information.
In the medium term, Robusta production forecasts in Brazil and Vietnam are both high, creating significant supply pressure. However, the increase can still be maintained if inventories are low and consumption demand recovers in European and US markets.
