Domestic coffee prices
The domestic coffee market this morning, November 26, 2025, recorded an impressive increase, with green covering all key growing areas.
According to the survey, the average coffee price in the Central Highlands provinces is currently at 111,800 VND/kg, an average increase of 1,000 VND/kg compared to the previous trading session.
Specifically, in Dak Lak province, the purchase price has climbed to 112,000 VND/kg, an increase of 1,000 VND/kg.
The strongest increase in today's session belongs to Lam Dong province with an increase of VND 1,800/kg, bringing the trading price to VND 111,300/kg.
In Gia Lai, coffee prices are currently at 111,500 VND/kg, up 1,000 VND/kg.
Similarly, in the old Dak Nong province, the purchase price also reached 112,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
World coffee prices
In the world market, at the end of the most recent trading session, coffee prices on both London and New York exchanges increased strongly after mixed developments at the beginning of the week. According to updated data on November 26, 2025, green is overwhelming on electronic boards.
For Robusta coffee on the London Stock Exchange, the January 2026 delivery period recorded a "symptony" increase of 106 USD/ton (equivalent to 2.38%), closing at 4,559 USD/ton. Subsequent delivery terms such as March, May and July 2026 also increased by over 2.3%, showing investors' optimism about short-term price trends. The trading volume is quite high with 5,720 lots for the January term.
At the same time, Arabica coffee prices on the New York futures exchange for delivery in December 2025 also witnessed positive growth. Specifically, the closing price reached 414.20 cents/lb, up 6.75 cents (equivalent to 1.66%).
Longer delivery terms also maintained a stable increase around 1.7% to 2%. The fact that both exchanges have increased points shows that speculative cash flow is returning strongly to this commodity market.
Coffee price assessment and forecast
The strong increase in coffee prices in today's session was mainly driven by concerns about weather conditions in Brazil.
According to the latest report from Somar Meteorologia, the Minas Gerais region - Brazil's largest Arabica growing region - received only 26.4 mm of rainfall in the week ended on November 21, a rate of only 49% of the historical average. The prolonged drought is raising serious concerns about the next crop's output, overshadowing the downward pressure from the ongoing harvest in Vietnam.
In addition, the serious decline in inventory on the ICE exchange is also an important supporting factor for prices. Arabica inventories monitored by ICE fell to a 1.75-year low, falling to just 398,645 bags last week.
Similarly, Robusta inventories on ICE also fell to a 4.5 month low, with only 5,370 lots left at the beginning of this week. The reason comes partly from the new US tariff policies on goods from Brazil, causing US buyers to cancel contracts to buy Brazilian coffee, leading to significantly tightening supply in the US.
However, the market is still under certain downward pressure.
In Vietnam, the weather is turning to drier in key growing areas, creating favorable conditions for farmers to speed up the harvest progress after the recent heavy rain caused disruption in Dak Lak.
In addition, StoneX's forecast shows that Brazil's coffee output in the 2026/27 crop year could reach 70.7 million bags, up 29% over the same period last year. However, in the short term, concerns about immediate supply and low inventories are prevailing, supporting coffee prices to remain high.
