Coffee price today July 24: Maintains below the 97,000 VND/kg mark

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Coffee prices today, July 24, fluctuate in the range of 95. 900-96. 500 VND/kg. In the world, Robusta and Arabica continue to be under downward pressure.

Domestic coffee prices today

Coffee prices today in the domestic market continue to be maintained below the 97,000 VND/kg mark after recent adjustment sessions.

According to the morning update on July 24, coffee prices in the Central Highlands region are commonly in the range of 95,900-96,500 VND/kg.

In Dak Lak, coffee prices were recorded at 96,400 VND/kg. Gia Lai also traded around 96,400 VND/kg.

In Lam Dong, coffee prices are at 95,900 VND/kg, the lowest among the surveyed areas.

The old Dak Nong area continues to have the highest price, reaching 96,500 VND/kg.

Thus, the domestic coffee price level has retreated quite far from the area approaching 99,000 VND/kg before. However, the price is still maintained at a high level compared to the beginning of July.

World coffee prices

In the world market, coffee prices continued to decrease in the most recent session.

On the London exchange, the September 2026 Robusta futures contract fell more than 2%, to around 3,705-3,708 USD/ton. The November 2026 futures contract also fell, to around 3,699 USD/ton.

On the New York exchange, the September 2026 Arabica futures fell 7.25 US cents/lb, to 309.40 US cents/lb. The December 2026 futures also fell 7.25 US cents/lb, to 296.45 US cents/lb.

This development shows that world coffee prices are still in a correction phase after a period of strong increase before. Robusta decreased deeper, putting more pressure on the domestic market, because Vietnam is a major Robusta producer.

Coffee price assessment

Domestic coffee prices currently have no clear signs of recovery, while world prices continue to decline. For Vietnamese coffee, the diễn biến on the London exchange is still a factor that needs to be closely monitored due to its direct impact on Robusta.

From a global market perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to May 2026. ICO's report also recorded a period of deep price decline in June before recovering towards the end of the month.

Regarding supply, the Foreign Agricultural Services Agency under the US Department of Agriculture (USDA/FAS) forecasts that Vietnam's coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans, of which Robusta accounts for the majority. The prospect of increased supply is a factor that can curb price increases in the medium term.

For Brazil, USDA/FAS forecasts coffee production in the 2026-2027 crop year to reach 71.9 million bags, an increase of 14% compared to the previous crop year. This is a factor that continues to be monitored by the market, especially with the Arabica group.

Regarding weather, the Central Highlands is in the rainy season. The National Center for Hydro-Meteorological Forecasting predicts that in the period from July 21st to August 20th, the Central Highlands and Southern regions will have many days of showers and thunderstorms, with days of moderate to heavy rain, concentrated in the afternoon and night.

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