Coffee prices today, September 28: Maintain the peak, wait for new impetus

Thuận Hiền |

Coffee prices today, April 28, continue to maintain a record high in the domestic and world. The market temporarily stagnated after a series of strong increases.

Domestic coffee prices today

On the morning of April 28, domestic coffee prices remained unchanged from yesterday. Specific prices are as follows:

Dak Lak: 130,700 VND/kg.

Lam Dong: 130,000 VND/kg.

Gia Lai: 130,500 VND/kg.

Dak Nong: 130,700 VND/kg.

Over the past month (late March), domestic coffee prices have recorded notable fluctuations. Accordingly, at the end of March 2025, domestic coffee prices fluctuated around 116,000 - 118,000 VND/kg.

In early April, coffee prices increased sharply thanks to the push from world prices and concerns about a shortage of supply. On April 10-11, coffee prices set a new record, surpassing VND127,000/kg, following a strong increase in international coffee.

From mid-April to now, prices have continued to climb, approaching and surpassing the 130,000 VND/kg mark - the highest ever.

Thus, in less than 1 month, domestic coffee prices have increased by an average of VND 12,000 - 14,000/kg, equivalent to an increase of about 10-12%.

World coffee prices today

In the world market, coffee prices remained stable.

Robusta London:

7: 5,415 USD/ton.

May delivery term: USD363/ton.

Arabica New York:

Monthly delivery term: 399.00 cents/lb.

Monthly delivery term: 392.10 cents/lb.

Key contracts on the London and New York exchanges did not record any changes compared to the previous session.

Market analysis

Current coffee prices are being supported by the fact that inventories of Robusta coffee that meet ICE London standards continue to fall to a low level for many months.

It is forecasted that the global Robusta supply this year will be in short supply, especially because the Vietnamese and Indonesian markets have both reduced production.

However, the pressure from the upcoming Arabica harvest in Brazil along with the slight recovery of the USD is slowing down the increase.

The domestic and world coffee markets are expected to fluctuate strongly in the coming weeks as actual output reports from Brazil, Vietnam and Indonesia become clearer.

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