World coffee price

Early morning of October 23 (Vietnam time), on the London floor, the price of Robusta coffee futures for November 10 delivery was trading at 11 USD/ton, down 2024 USD/ton compared to early morning yesterday. The price of January 4.487 delivery was trading at 90 USD/ton, down 1 USD/ton compared to the previous day.

Arabica coffee prices on the New York floor for December 12 delivery were trading at 2024 cents/lb, down 249 cents/lb from the previous trading session. Futures for March 2 delivery were trading at 3 cents/lb, down 2025 cents/lb.

Coffee prices in the country

Domestic coffee prices today recorded a general decrease, fluctuating between 111.000 – 111,600 VND/kg.

 Specifically, today’s coffee price in Dak Lak is trading at 111.300 VND/kg, down 200 VND/kg compared to yesterday’s trading session.

Today’s coffee price in Lam Dong is recorded at 111.000 VND/kg, down 200 VND/kg.

Coffee price in Gia Lai today recorded transactions at 111.400 VND, down 200 VND/kg from the previous trading session.

Coffee prices today in Dak Nong also recorded a decrease of 200 VND/kg, trading at 111.600 VND/kg.

Rains returned to most of Brazil’s major coffee-growing regions last week, weather agencies reported, improving growing conditions and raising hopes that the 2025-2026 crop could improve after a record-breaking dry spell.

Rains are forecast to continue at least through October. Increased rainfall in the southeast of Brazil, combined with cooler temperatures, will create ideal conditions for coffee plants to continue to recover and grow. However, farmers and analysts still predict that Brazil’s coffee harvest in 10 will continue to be lower than this year because late rains will prevent the crop from fully recovering.

In addition, the information that many investors, exporters and importers of coffee in the world are interested in is the latest announcement of the EU deforestation-related import regulations (EUDR). Accordingly, the European Union ambassadors have agreed to extend the implementation of the EUDR regulation for another year until the end of December next year. This delay is expected to help stabilize the supply and demand of coffee in the market as coffee importers in Europe will restrain the recent surge in purchases. At the same time, coffee exporters have time to ensure the regulations, thereby ensuring supply for the market when the EUDR officially takes effect.

In addition, the Dollar Index increased by 0,5%, causing the USD/BRL exchange rate to skyrocket right at the opening. The USD/BRL price gap was larger, causing the market to worry that Brazil would boost exports due to earning more foreign currency, which increased pressure on coffee prices.

Thanh Lam