Coffee prices today, October 24: Maintain strong growth momentum

Hạ Linh |

Coffee prices today, October 24: Domestic coffee prices continue to increase strongly. The 2025-2026 crop year output is forecast to be 10% higher than the same period.

Domestic coffee prices

On October 24, coffee prices in key Central Highlands regions maintained a strong increase of VND 2,800/kg, maintaining the average price in the whole region to VND 118,300/kg.

The increase occurred throughout the region, approaching the threshold of 119,000 VND/kg:

Dak Lak sets the price at 118,500 VND/kg.

Dak Nong (old) maintains the price zone of 118,500 VND/kg.

Gia Lai is trading around 118,000 VND/kg.

Lam Dong has put the price at 117,000 VND/kg.

World coffee prices

The international coffee market maintained a strong price increase.

Robusta ( London): Maintained the increase of 119 USD/ton (over 2.5%), closing at 4,739 USD/ton. This price has surpassed the threshold of 4,700 USD/ton, continuing the historic increase.

Arabica (New York): Recorded unchanged increase of 7.30 US cents/lb (nearly 1.8%), closing at 420.85 US cents/lb.

The synchronization in the increase, especially Robusta, has increased beyond the important mark, which is the main driving force for domestic prices.

Assessment and forecast

According to information from the Vietnam Coffee and Cocoa Association (Vicofa), Vietnam's coffee output in the 2025-2026 crop year is forecast to be 10% higher than in 2024 if weather conditions continue to be favorable.

Favorable weather has helped coffee trees grow well, while rising coffee prices have encouraged farmers to invest more in caring for crops to achieve higher productivity.

The Central Highlands - the largest coffee growing region in the country is forecast to have rain until the end of Tuesday due to the influence of the circulation of Typhoon Fengshen.

Arabica coffee prices on international exchanges increased sharply at the beginning of the week when inventories at monitored warehouses in Brazil fell to a 5-year low, while US President Donald Trump threatened to impose new tariffs on Colombia, causing the price gap between Arabica and Robusta to reach a record high since 2008.

In contrast, Robusta coffee prices in London - a cheaper type of coffee - remain relatively stable, trading within a narrow range due to expectations of large output from the leading producer, Vietnam.

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