Coffee price today 9.7: Falling another 2,500 VND/kg

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Coffee prices today, July 9, continued to fall sharply in the domestic market. In the world, Robusta and Arabica both plummeted after a hot increase.

Domestic coffee prices today

Coffee prices today in the domestic market simultaneously decreased sharply in key production areas. The average price was recorded at 92,300 VND/kg, down 2,500 VND/kg compared to the previous update.

In Dak Lak, coffee prices decreased by 2,500 VND/kg, down to 92,200 VND/kg. In Gia Lai, coffee prices also decreased by 2,500 VND/kg, reaching 92,300 VND/kg.

In Lam Dong, coffee prices today decreased by 2,500 VND/kg, down to 91,800 VND/kg. This is the lowest level among the surveyed areas.

The old Dak Nong area recorded a purchase price of 92,300 VND/kg, down 2,500 VND/kg compared to the previous update.

After two consecutive sharp declines, the domestic coffee price level has receded far from the previously recorded 96,000-97,000 VND/kg range.

The USD/VND exchange rate according to Vietcombank was recorded at 26,081 VND/USD, up 5 VND.

World coffee prices

World coffee prices continued to fall sharply in the most recent trading session. Both Robusta on the London exchange and Arabica on the New York exchange sank into red.

On the London exchange, the September 2026 Robusta futures contract fell 131 USD/ton, equivalent to 3.38%, to 3,741/ton.

During the session, this contract at one point increased to 3,914 USD/ton but then reversed to a sharp decrease, sometimes down to 3,709 USD/ton. Trading volume reached 13,281 lots.

Robusta futures for November 2026 decreased by 127 USD/ton, equivalent to 3.31%, to 3,712 USD/ton.

The January and March 2027 terms decreased by 124 USD/ton and 122 USD/ton, respectively, to 3,682 USD/ton and 3,651 USD/ton.

The July 2026 Robusta contract decreased by 303 USD/ton, to 3,761/ton. However, this term has low trading volume because it is close to maturity, so the September contract reflects the market trend more clearly.

On the New York floor, Arabica also continued to decline. The Arabica futures contract for September 2026 decreased by 7.80 US cents/lb, equivalent to 2.46%, to 309.80 US cents/lb.

Arabica futures for December 2026 decreased by 7.75 US cents/lb, equivalent to 2.54%, to 297.25 US cents/lb.

The March and May 2027 terms decreased by 8.05 US cents/lb and 8.70 US cents/lb, respectively, to 292.20 US cents/lb and 290.45 US cents/lb.

Arabica contract for July 2026 decreased by 7.35 US cents/lb, to 324.25 US cents/lb. However, this term has very low trading volume, so it is not the main reference for market trends.

Coffee price assessment

Coffee prices continued to adjust after the previous hot increase. The fact that Robusta and Arabica prices both decreased shows that profit-taking pressure is still high in the international market.

In the short term, after prices increase too quickly, coffee contracts are likely to fall into a state of technical adjustment. When new buying power weakens, selling activity may pull prices down deeper, especially for items that have increased sharply in previous sessions.

However, the current decline does not mean that price supporting factors have disappeared. The market is still closely monitoring weather developments in Brazil, especially during the harvest period and preparing to enter the coffee tree flowering period.

Brazil is the world's largest Arabica producer. Therefore, weather risks, harvest progress or grain quality in this country can still strongly impact Arabica prices on the New York exchange.

From a global supply-demand perspective, the International Coffee Organization (ICO) once recorded a decrease in the ICO aggregate price index in May 2026, in the context of the market reacting to the prospect of improved supply.

Supply prospects are also a factor putting pressure on prices in the medium term. The Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Brazil will have a large coffee crop in the 2026-2027 crop year, thanks to the recovery of Arabica production.

Rabobank of the Netherlands also assessed that the expectation of a large coffee crop in Brazil may put pressure on global prices, as general weather conditions are favorable for crop development.

For Robusta, supply from Vietnam continues to be an important factor. The USDA/FAS report in Vietnam forecasts that Vietnam's coffee production in the 2026-2027 crop year will increase to 32.5 million bags converted to green beans, thanks to production expansion after a period of high coffee prices.

This shows that the Robusta market may be under pressure from the prospect of improved supply. Vietnam is the world's largest Robusta producer, so information about Vietnam's output and exports still has a major impact on international Robusta prices.

However, the coffee market still has potential for major fluctuations. Inventory, weather in Brazil, El Niño developments and farmers' sales activities in major producing countries will continue to dominate prices in the coming time.

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