Domestic coffee prices
After efforts to stay in the league, the domestic coffee market this morning (February 3) could not resist the general adjustment trend of the global market. Purchasing agents simultaneously lowered prices deeply, causing the price level of the entire Central Highlands region to drop below the 100,000 VND/kg mark. The average price is currently only 99,800 VND/kg, down 1,200 VND compared to the previous session.
Dak Nong province (old), which once led the increase, now recorded the strongest decrease of up to 1,300 VND/kg, bringing the purchase price to 99,900 VND/kg.
In the two capitals Dak Lak and Gia Lai, coffee prices both decreased by 1,200 VND/kg, currently trading at 99,800 VND/kg.
Lam Dong province also adjusted down by 1,000 VND, falling deeply to 99,300 VND/kg.
World coffee prices
World market session February 2nd, opposite but negative developments for Vietnamese coffee. On the London exchange, Robusta coffee futures for March 2026 fell sharply by 84 USD (equivalent to 2.03%), closing at 4,029 USD/ton.
This is the lowest price of Robusta in the past 4 weeks. Conversely, the New York Arabica exchange had a slight technical recovery when it increased by 1.00 cent (0.30%), closing at 333.25 cents/lb, thanks to lack of buying replenishment after the price could not break the 5.5-month low.
The main reason for sinking Robusta prices is that weather conditions in Brazil are too favorable for coffee trees, reducing concerns about supply.
Somar Meteorologia reported that the Minas Gerais region - Brazil's largest coffee growing area - received up to 69.8 mm of rain last week, equivalent to 117% of the historical average. These rains are considered a negative factor for prices because they promise to increase crop yields.
Coffee price assessment and forecast
The market is under double pressure from both supply and demand. Besides weather factors, coffee inventories on the ICE exchange are recovering strongly: Robusta inventories have increased to the highest level in 2 months (4,662 lots), while Arabica inventories are also at the highest level in 3.25 months. In addition, pressure from Vietnam's supply is still high as data shows that exports in 2025 increased by 17.5%.
However, the downward trend still has a supportive barrier, which is the decline in Brazil's exports. Last December, Robusta exports of this country decreased by 61% compared to the same period.
