Domestic coffee prices
The domestic coffee market this morning, April 21, recorded a booming price increase in all key growing areas of the Central Highlands.
According to actual surveys, the average purchase price throughout the region has increased by an additional 2,000 VND/kg, bringing the crude price level to the threshold of 87,400 VND/kg. Specifically, in Dak Nong province (old), coffee prices recorded the strongest increase with 2,100 VND, pushing the purchase price to the threshold of 87,600 VND/kg.
In Dak Lak and Gia Lai provinces, prices also simultaneously increased by 2,000 VND, currently trading stably at 87,300 VND/kg. Lam Dong area listed a price of 86,800 VND/kg after recovering by 2,000 VND compared to yesterday's session. This shock increase helped the market quickly regain what it had lost after a series of gloomy days.
World coffee prices
Developments on international exchanges last night were also brilliantly green due to unexpected geopolitical fluctuations in the Middle East region. Robusta coffee prices on the London exchange for May 2026 delivery jumped up to 94 USD (equivalent to 2.77%), closing the session at 3,482 USD/ton.
At the same time, the New York exchange witnessed Arabica prices increase by an additional 2.90 cents (equivalent to 1.0%), closing at 292.20 cents/lb. The main driving force pushing prices up was information that Iran announced the closure of the Strait of Hormuz on Saturday after the US refused to lift the maritime blockade on its ships. The paralysis of the vital sea transport route immediately pushed up freight, insurance and fuel costs, forcing international roasters to step up purchases to ensure inventory.
Coffee price assessment
Regarding basic factors, the Robusta coffee line is receiving double support as inventories monitored by the ICE exchange continue to fall deeply to the lowest level in the past 16 months, leaving only 3,788 lots as of Monday. In addition, the weather situation in Brazil is also supporting the buying side when the country's largest coffee growing region, Minas Gerais, only received rainfall equal to 20% of the historical average in the past week. However, the market's breakthrough momentum is still somewhat restrained by the forecast of a global surplus of up to 10 million bags by StoneX in 2026 and the expectation of a record harvest of 75.9 million bags in Brazil from Marex Group. In Vietnam, the rate of coffee exports in the first quarter increased by 14% to 585,000 tons, which is also a barrier preventing Robusta prices from increasing too sharply.
It is predicted that in the coming sessions, coffee prices will continue to be strongly fluctuating around the 86,500 - 88,500 VND/kg range as the market strives to react to conflicting news about supply. If the logistics tension has not shown signs of cooling down, domestic prices have a complete opportunity to re-establish the 90,00 VND mark in the near future.
The actual prices in localities may differ depending on the quality of the seeds and actual transaction agreements.
