Domestic coffee prices today
Coffee prices today in key production areas simultaneously increased sharply. The average price was recorded at 93,000 VND/kg, an increase of 1,000 VND/kg compared to the previous update.
In Dak Lak, coffee prices increased by 1,000 VND/kg, to 93,000 VND/kg. Gia Lai also recorded a price of 93,000 VND/kg, an increase of 1,000 VND/kg.
In Lam Dong, coffee prices today reached 92,600 VND/kg, an increase of 1,000 VND/kg but still the lowest level among the surveyed areas.
The old Dak Nong area recorded a purchase price of 93,000 VND/kg, an increase of 1,000 VND/kg.
Thus, domestic coffee prices currently fluctuate from 92,600-93,000 VND/kg. The gap between the region with the highest and lowest prices is 400 VND/kg.
The buying level has returned above the threshold of 92,000 VND/kg after strong fluctuations at the end of June.
The USD/VND exchange rate according to Vietcombank was recorded at 26,073 VND/USD, down 2 VND.
World coffee prices
World coffee prices fluctuated in opposite directions in the most recent trading session. Robusta on the London exchange increased slightly, while Arabica on the New York exchange decreased sharply due to profit-taking activities.
On the London exchange, the September 2026 Robusta futures contract increased by 12 USD/ton, equivalent to 0.32%, to 3,783 USD/ton.
During the session, this contract once increased to 3,920 USD/ton but then significantly narrowed the increase. Trading volume reached 16,235 lots.
Robusta for November 2026 delivery increased by 19 USD/ton, equivalent to 0.51%, to 3,745 USD/ton. For January 2027 delivery, it increased by 20 USD/ton, reaching 3-712 USD/ton.
The March 2027 term increased by 19 USD/ton, equivalent to 0.52%, to 3,680 USD/ton.
The July 2026 Robusta contract was recorded at 3,970 USD/ton, but only 2 lots were traded because it was close to maturity. Therefore, the September contract reflects the market diễn biến more clearly.
On the New York exchange, Arabica September 2026 futures fell 8.70 US cents/lb, equivalent to 2.81%, to 301.20 US cents/lb.
This contract once increased to 316.80 US cents/lb but then reversed, at one point falling to 300.05 US cents/lb.
Arabica December 2026 futures fell 8.55 US cents/lb, or 2.90%, to 286.30 US cents/lb.
The March and May 2027 terms decreased by 8.45 US cents/lb and 8.95 US cents/lb respectively, to 281.10 US cents/lb and 280.90 US cents/lb.
Coffee price assessment
According to data from Barchart, coffee prices at one point reached their highest level in about 4 months and 3 weeks, but then diverged.
Arabica reversed and fell sharply due to investors taking profits and liquidating buy positions before the long holiday in the US. The Coffee C market on the US Intercontinental Exchange closed on July 3 on the occasion of the National Day holiday.
Before the adjustment, Arabica prices had increased sharply for about 3 weeks. The increase was supported by heavy rain in Brazil, disrupting harvesting and increasing concerns about coffee quality.
Brazil's Somar Meteorologia company said rainfall in Minas Gerais state, the country's largest coffee growing region, reached 31.3 mm in the week ending June 28. This level is nearly 20 times higher than the historical average of the same period.
Rainfall during harvest season can cause difficulties for coffee harvesting, transportation, and drying. Prolonged humidity can also cause fruit to fall off or affect seed quality.
Standard Arabica inventories on the US Intercontinental Exchange continued to decrease, also creating momentum for the market. Inventory fell to 37,579 bags, the lowest in about 2 years and 3 months.
Conversely, Robusta inventories on the European Intercontinental Exchange have increased to 4,553 lots, the highest level in nearly 3 months. The replenishment of standard goods may limit Robusta's upward momentum.
The market is also monitoring the impact of El Niño on the next crop year. The US National Oceanic and Atmospheric Administration said that El Niño has appeared and is forecast to continue to strengthen in the 2026-2027 Northern Hemisphere winter.
El Niño may change rainfall in Brazil during the coffee tree flowering period in September and October, and also affect Robusta production areas in Asia. However, the actual impact depends on the intensity and timing of each region.
In terms of pressure, the Foreign Agricultural Services Agency of the US Department of Agriculture forecasts that Brazil could produce 66.7 million bags of coffee in the 2026-2027 crop year.
Rabobank of the Netherlands also raised its global Arabica surplus forecast for the 2026-2027 crop year from 7 million bags to 9.5 million bags.
For Robusta, increased Vietnamese coffee exports and recovery of inventory on the exchange are factors that can curb prices. However, domestic prices on July 4th still increased sharply according to the previous positive developments of the international market.
