Coffee prices today, August 24: Strong increase

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Coffee prices today, August 24: Domestic prices continue to increase. After 1 week, coffee prices recorded a strong increase.

Domestic coffee prices

On August 24, 2025, domestic coffee prices continued to increase slightly. In Dak Lak and Dak Nong (old), the price stood at 124,000 VND/kg, an increase of 800 and 600 VND compared to yesterday. In Gia Lai, the price reached 123,800 VND/kg, an increase of 900 VND; Lam Dong recorded 123,500 VND/kg, an increase of 800 VND. The average domestic coffee price is currently in the range of 123,000 - 124,000 VND/kg.

Compared to the beginning of last week (8.), when the price only fluctuated around 117,100 - 117,800 VND/kg, the market has now increased by about 6,000 VND/kg. This is a significant increase in one week, bringing domestic prices back to the high zone after a period of stagnation.

World coffee prices

In the world market, at the end of last week, the London Stock Exchange recorded a sharp increase in Robusta prices. The September 2025 contract ended at 4,866 USD/ton, up 108 USD. The November 2025 term reached 4,650 USD/ton, up 130 USD. The contract in January 2026 reached 4,524 USD/ton, up 137 USD; in March 2026, it was at 4,442 USD/ton, up 130 USD; and in May 2026, it reached 4,389 USD/ton, up 121 USD.

Arabica prices on the New York exchange also increased. The September 2025 contract closed at 390.65 cents/lb, up 15.40 cents. The December 2025 term reached 378.30 cents/lb, up 13.30 cents. The March 2026 contract increased to 368.50 cents/lb, up 13.35 cents. The May 2026 term reached 359.40 cents/lb, up 12.65 cents. The contract went further, in July 2026, at 348.60 cents/lb, up 11.85 cents.

Coffee prices increased sharply on Friday, with Arabica coffee prices reaching a 3.5-month high and Robusta coffee prices reaching a 3-month high. Coffee prices continued to increase for 3 weeks on Friday due to concerns about the weather in Brazil. On Monday, Somar Meteorologia reported that Minas Gerais, Brazil's largest Arabica coffee growing region, had no rain in the week ended on August 16. Reports of damage to some Brazilian coffee trees due to last week's price frost are also pushing prices up.

Compared to the beginning of last week, both London and New York exchanges increased sharply. Robusta increased by more than 600 USD/ton, Arabica increased by more than 50 cents/lb, bringing world coffee prices to new highs. This development also contributes to attracting domestic coffee prices.

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