Domestic coffee prices
On September 6, the domestic coffee market unexpectedly recorded a simultaneous downward trend, contrary to expectations of maintaining a slight increase or decrease due to tight supply factors.
In Dak Lak, the average coffee price reached 113,200 VND/kg (1,800 VND), while Lam Dong reached 112,000 VND/kg (-2,000 VND), Gia Lai 112,800 VND/kg (-2,000 VND) and Dak Nong (old) was 113,300 VND/kg (1,700 VND).
Coffee prices are currently around 112,000113,300 VND/kg, lower than the increase in mid-August.
World coffee prices
At the same time, London Robusta prices decreased in many terms: 09/25 to 4,468 USD/ton (113 USD), 11/25 to 4,309 USD/ton (-105 USD).
Arabica New York also fell: 12/25 at 373.65 US cents/lb (-0.75), 03/26 at 361.30 US cents/lb (-0.90).
Coffee prices fell over the weekend due to concerns about weakening demand in the US after a poor jobs report, with new jobs increasing by only 22,000 and the unemployment rate soaring to 4.3% - the highest level in nearly 4 years. However, the decline was limited by the strong decline of the USD index, thereby supporting commodity prices.
Previously, coffee prices were supported when Conab - Brazil's seasonal forecasting agency - lowered the forecast of arabica output in 2025 by 4.9%, down to 35.2 million bags; and slightly cut the country's total coffee output to 55.2 million bags. In addition, the International Coffee Organization (ICO) said that global coffee exports in July decreased by 1.6% over the same period, to 11.6 million bags; the cumulative 10 months of the crop decreased by 0.3%, to 115.6 million bags.
Tight supply at ICE also created a hold back when arabica inventories fell to their lowest level in more than a year, to 686,863 bags, onlyching back slightly afterwards. The inventory of Robusta ICE also fell to a 1-month low.
In addition, the market is concerned about a decline in US supply due to tariffs. American buyers have canceled many new contracts for importing Brazilian coffee after Washington imposed a 50% tax on goods from this South American country. Brazil currently accounts for about a third of US green coffee imports, according to Barchart.com.
