As of 11:30 am today (9.2), domestic coffee prices traded at 128,500 - 129,500 VND/kg. The average coffee purchase price in the Central Highlands provinces at the end of the week fell to 129,500 VND/kg, simultaneously dropped 1,000 VND/kg.
Summarizing the week, the domestic coffee market increased and decreased alternately. Although coffee products decreased by 1,100 VND/kg compared to the peak of the week, the price of this agricultural product still moved slightly when increased from 500 - 700 VND/kg compared to the previous week. This is the 4th consecutive week, the price of domestic coffee increased.
On the two exchanges of London and New York, the coffee market is in the same direction in most terms.
On the Robusta London coffee floor, the price of coffee remains the downward trend, but still far exceeded the peak of 5,000 USD/ton. The contract assigned in March 3225 red color covered, down 1.28% (equivalent to 72 USD/ton), standing at 5,561 USD/ton. The contract assigned in May 5.2025 decreased by 1.45% (equivalent to 82 USD/ton), listed for $ 5,564/ton.
Similarly, the New York Arabica coffee market ends the week in the red color, except for the term of delivered in March of March, increasing slightly by 0.10% (equivalent to 0.4 cents/lb), listing for 404.35 cent/lb . The term of 5.2025 anchored at the threshold of 396.70 cents/lb, down 0.10%.
The price of Robusta coffee has decreased due to the selling force from Vietnam after the Lunar New Year holiday.
In addition, there are concerns that US President Donald Trump can impose trade taxes on South American countries - key coffee producers. The fact that the Brazilian Real's reality increased to 2.5 years compared to the USD also contributed to supporting coffee prices, reducing the sale of Brazilian exporters.
Coffee prices in Brazil have increased by more than 50% in the past three months in the context of global coffee prices reaching a record high due to limited supply after weather fluctuations in producing countries.
