Coffee prices on May 29: Sharp increase

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Coffee price on May 29: Strongly increased by 1,400 VND, both international exchanges set a 2-week peak.

Domestic coffee prices today

The domestic coffee market this morning, May 29, 2026 witnessed an exciting trading session when the purchasing price of raw beans simultaneously surged sharply by 1,400 VND/kg in all key areas. With this increase, the average price level has approached the threshold of 90,000 VND/kg, bringing positive signals to farmers after a series of fluctuations.

In Dak Nong province (old), the purchase price recorded the highest level in the region at 89,200 VND/kg. Dak Lak and Gia Lai provinces both increased by 1,400 VND, currently trading at 89,100 VND/kg.

In Lam Dong, the price of raw coffee beans also reached 88,600 VND/kg. Contrary to the increase in coffee prices, pepper prices continued to stand still at 141,000 VND/kg, while the USD/VND exchange rate at Vietcombank recorded a slight decrease of 18 VND, down to 26,095 VND/USD.

World coffee prices

In the international market, price movements on the two main futures exchanges have established impressive new peaks thanks to the resonance of extreme weather factors in the two largest coffee "capitals" in the world.

On the London exchange, the price of Robusta for July delivery (RMN26) surged sharply by 82 USD (equivalent to 2.36%), closing the session at 3,554 USD/ton. At the same pace, the New York exchange recorded the price of Arabica for July delivery (KCN26) increasing by 4.40 cents (equivalent to 1.63%), closing at 274.25 cents/lb.

Coffee price assessment

The core reason for this strong increase is that unusual heavy rains in Brazil are seriously disrupting coffee harvesting progress, directly threatening the quality and supply of beans to the market.

In Vietnam, prolonged drought in the main growing areas of the Central Highlands is also increasing concerns about a shortage of Robusta supply, as rainfall is not enough to meet the development needs of coffee trees. These double risks have caused speculators to increase buying, pushing prices on both exchanges to the highest level in the past 2 weeks. In addition, Arabica inventories on the ICE exchange continued to fall to a 3.25-month low (440,785 bags), creating a very solid technical support for the market in the face of pressure from long-term supply surplus forecasts.

Although reports of a record harvest of nearly 76 million bags in Brazil are still a potential downside factor, in the short term, weather factors are temporarily controlling the price trend. The strong recovery of coffee prices shows that the market is still very sensitive to supply disruptions.

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