Category: Forex News, News

Coffee prices today, November 9th: Global coffee market forecast: 8.9 million bags oversupply in the 2026-2027 crop year.

Coffee prices today, November 9, 2026, in the domestic market.

Coffee prices in the Central Highlands region increased across the board today, currently hovering around 85,100 VND/kg. Specifically:

Coffee prices in Dak Lak province have increased by 500 VND/kg, currently standing at 85,000 VND/kg.

Coffee prices in Lam Dong province have increased by 500 VND/kg, currently ranging from 84,500 to 85,300 VND/kg.

Coffee prices in Gia Lai province have increased by 500 VND/kg, currently standing at 85,000 VND/kg.

Note: The prices above are for reference only; actual prices may vary depending on location, shipping method, payment method, transaction volume, etc.

Readers are kindly requested to contact the nearest coffee businesses or distributors for specific advice.

Track daily updated coffee prices in the Industry and Trade Magazine here.

Coffee prices today, November 9, 2026, on the world market.

On the London exchange, Robusta coffee futures for January 2027 delivery rose 2.1% ($66/tonne) last week to $3,270/tonne. The March 2027 contract increased 1.6% ($50/tonne) to $3,243/tonne.

Conversely, on the New York exchange, the price of Arabica coffee futures for December 2026 delivery fell quite sharply by 2.5% (7.2 US cents/pound) last week, to 280 US cents/pound. The March 2027 contract fell by 1.9% (5.2 US cents/pound), reaching 271.65 US cents/pound; the May 2027 contract fell by 1.9% (5.05 US cents/pound), to 267.7 US cents/pound.

According to Rabobank’s forecast, the global coffee market in the 2026-2027 crop year could see a surplus of up to 8.9 million bags, as production increases faster than demand. Brazil has been identified as the main driver of this global supply surplus.

Specifically, Rabobank forecasts global coffee production in the 2026-2027 crop year to reach 181.7 million bags, while consumption is expected to be at 172.8 million bags. Thus, global supply will exceed demand by approximately 8.9 million bags.

Compared to the 2025-2026 crop year, the global coffee supply and demand balance is projected to change significantly. In the past crop year, global coffee production reached 172.6 million bags, while consumption was at 171.4 million bags, resulting in a surplus of approximately 1.2 million bags.

Thus, global coffee production in the 2026-2027 crop year is expected to increase by 9.1 million bags, equivalent to about 5.3% compared to the previous crop year. Meanwhile, consumption is only expected to increase by about 1.4 million bags, equivalent to 0.8%. The difference in growth rates between production and consumption is the main reason for the projected sharp increase in surplus supply.

Notably, the majority of the upward revisions in global production forecasts come from Brazil. According to Rabobank, the South American nation’s coffee production in the 2026-2027 crop year could reach 73.3 million bags, including 48.7 million bags of Arabica, primarily naturally processed Arabica, and 24.6 million bags of Robusta Conilon.

With the projected production figures, Brazil continues to play a crucial role in the global coffee supply and demand balance. Increased supply from this leading coffee-producing nation could impact international market prices, particularly for arabica coffee.

Rabobank predicts that the oversupply expected in the next crop year will help replenish coffee inventories in the supply chain in producing countries as well as in consuming markets. This is a notable development given the recent decline in inventories.

Nevertheless, the prospect of oversupply still needs to be monitored along with weather developments, actual harvest yields, and consumption demand in major markets. If Rabobank’s forecast comes true, the global coffee market could shift to a state of more abundant supply, thereby increasing pressure for price adjustments in the 2026-2027 crop year.


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Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

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