Coffee prices today, August 29: All reverse and decrease

Hạ Linh |

Coffee prices today, August 29: In the domestic market, coffee prices reversed and decreased. International markets have also decreased in price on all exchanges.

Domestic coffee prices

In Vietnam, domestic coffee prices remained at 121,700 - 122,500 VND/kg, down 1,400 VND/kg. Dak Lak and Dak Nong (old) currently recorded the highest levels of 122,500 VND/kg and 122,300 VND/kg respectively; Lam Dong 121,700 VND/kg; Gia Lai 122,000 VND/kg.

Compared to the price of only 116,800 - 117,500 VND/kg (8.), today's coffee purchase price is still about 4,700 VND/kg higher.

World coffee prices

In the world market, Robusta prices in London reversed and decreased. The September 2025 contract term from 4,201 USD/ton (August 18) fluctuated around 5,008 USD/ton on August 29, up 807 USD. Long terms unexpectedly reversed and decreased by 50 - 70 USD/ton in today's trading session, equivalent to 1.09% - 1.44%.

moving in a alternating up and down trend, Arabica on the New York exchange reversed continuously. The September 2025 contract was traded at 387.85 cents/lb, down 6.05 cents. Other terms also decreased by 6 - 7.8 cents/lb, equivalent to 1.7% - 2.02%.

Coffee prices fell sharply from a 3.5-month high and closed significantly lower. Profit-taking pressure caused coffee prices to plummet after JM Smucker Co. - one of the largest coffee producers and distributors in the United States has announced that it will continue to increase coffee prices to offset higher taxes. This raises concerns that rising retail prices will reduce coffee consumption demand.

Pressure from the Brazilian crop season also created a factor of price decline. In the downward direction, the World Coffee Organization (ICO) reported on August 6 that global coffee exports in June increased by 7.3% over the same period, reaching 11.69 million bags. However, accumulated exports from October to June decreased by 0.2% over the same period, to 104.14 million bags.

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