Domestic coffee prices
The domestic coffee market entered Sunday, March 29, with a calm state. After a slight downward adjustment of 200 VND yesterday, the purchase price in key areas of the Central Highlands is currently maintaining stability at an average of 92,400 VND/kg.
Detailed stable purchase prices in regions:
Average coffee price in Dak Nong (old): Neo at 92,500 VND/kg.
Average coffee prices in Dak Lak and Gia Lai: Trading stable at 92,300 VND/kg.
Average coffee price Lam Dong: Maintains a price of 91,500 VND/kg.
World coffee prices
At the end of the past trading week, the international market witnessed a significant correction as forecasting organizations continuously raised Brazil's production estimates to new record milestones.
New York Stock Exchange (Arabica): Closing the last session of the week at 301.70 cents/lb, down sharply by 5.95 cents (-1.93%). Oversupply pressure became serious when Marex Group Plc raised its forecast for Brazil's 2026/27 crop output to a record 75.9 million sacks (up 15.5% compared to the previous year), surpassing the 75.3 million sacks of StoneX and the 75.4 million sacks of Sucafina before that. Inventory on the ICE exchange increased to a 6-month high (585.621 sacks) is also a factor hindering the increase.
London Stock Exchange (Robusta): May 2026 delivery limit stopped at 3,593 USD/ton. Despite profit-taking pressure, Robusta's decline was still curbed thanks to inventories on the ICE exchange continuing to fall to the lowest level in 3.25 months, leaving only 4,127 lots.
Market opinion
The coffee market is entering a period of fierce tug-of-war between supporting factors and price downward pressure.
On the supporting side, the closure of themuz Strait disrupting global maritime transport, pushing freight rates, insurance and fuel prices to skyrocket, is still an important support for prices. In addition, Brazilian farmers hoarding goods waiting for high prices and rainfall in the Minas Gerais region reaching only 45% of the historical average are also signals that help prices not fall too deeply.
Regarding pressure, the prospect of a "super bumper" crop in Brazil is overwhelming market sentiment. In addition, Vietnam's exports in the first 2 months of the year increased by 14% (reaching 360,000 tons) and forecasts that Vietnam's 2025/26 crop output may reach a 4-year peak (1.76 million tons) also put great pressure on the Robusta River.
It is predicted that when entering the new week, coffee prices will continue to fluctuate in the range of 91,500 - 93,500 VND/kg. Diplomatic developments aimed at reopening the Strait of Hormuz will be the "detonator" deciding the short-term direction of coffee prices.
The actual price may vary depending on each locality and the quality of the seeds.
