Domestic coffee prices
The domestic coffee market this morning, March 30, did not have much fluctuation compared to Sunday's holiday. The average purchase price in the Central Highlands region is still anchored at 92,400 VND/kg. Notably, the Lam Dong area recorded a slight increase of 200 VND/kg, while other localities kept prices unchanged to listen to signals from international exchanges that will reopen tonight.
Detailed purchase prices in regions:
Dak Nong (old): Continuing to maintain the highest price in the region at 92,500 VND/kg.
Dak Lak and Gia Lai: Stable trading at 92,300 VND/kg.
Lam Dong: Slightly increased by 200 VND, pushing the price to 91,700 VND/kg.
In general, the current price level has moved away from the peak of over 96,000 VND/kg in early March due to unfavorable information about global supply in the long term.
World coffee prices
At the end of last week's trading session, coffee prices on both London and New York exchanges closed in the red.
New York Stock Exchange (Arabica): May 2026 term fell sharply 5.95 cents (-1.93%), closing at 301.70 cents/lb. Oversupply pressure surged after Marex Group Plc raised its Brazilian production forecast for the 2026/27 crop to a record level of 75.9 million bags (up 15.5% y/y), higher than Sucafina's forecast (75.4 million bags) and StoneX's (75.3 million bags).
London Stock Exchange (Robusta): May 2026 term slightly decreased by 3 USD (-0.08%), closing the session at 3,593 USD/ton. Robusta's decline was 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 facing great supply pressure from South America. The continuous appearance of "super crop" forecast reports in Brazil along with Arabica's ICE floor inventory reaching a 6-month peak (585.621 bags) is a major barrier to price increases.
However, supporting factors are still present as tensions in the Strait of Hormuz disrupt maritime transport, increase logistics costs and tighten short-term supply for international roasters. In Vietnam, exports in the first 2 months of the year increased by 14% to 360,000 tons, showing that the volume of goods is still being pushed to the market quite steadily.
It is forecasted that in the first sessions of this week, coffee prices will continue to be in a state of fluctuation in the range of 91,500 - 93,000 VND/kg. Farmers should closely monitor the technical recovery of the London exchange when inventories are still at a low level to balance sales.
Note: The actual price may vary depending on quality and locality.
