Coffee prices today, November 9, 2026

World coffee prices rose significantly for robusta, while arabica prices fell quite sharply.

Last week, robusta coffee futures contracts for January 2027 delivery rose 2.1% ($66/ton) to $3,270/ton. Contracts for March 2027 delivery increased 1.6% ($50/ton), reaching $3,243/ton.

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), to 280 US cents/pound. The March 2027 contract decreased by 1.9% (5.2 US cents/pound), reaching 271.65 US cents/pound; the May 2027 contract decreased by 1.9% (5.05 US cents/pound), to 267.7 US cents/pound.

Assessing market trends, experts believe the current upward momentum reflects positive technical signals as buying pressure from international investment funds returns after the correction at the beginning of the month. However, pressure from the new harvest season gradually entering the market could create a tug-of-war in price range.

In particular, robusta coffee prices have been rising continuously since the second half of last week. One of the factors supporting robusta prices is the downward revision of India ‘s coffee production forecast. The Indian Coffee Board has lowered its forecast for the 2026-2027 crop year from 400,000 tons to 380,000 tons, a 5% decrease, due to the impact of lower-than-normal monsoon rainfall.

This revised forecast raises concerns about global coffee supply. However, the market is still monitoring the progress of the harvest in Vietnam, a factor that could help increase robusta supply in the coming weeks.

In contrast to the upward trend in robusta coffee prices, arabica coffee prices have fallen quite sharply. Among the fundamental factors closely monitored by the international market are the appreciation of the US dollar against the Brazilian Real and expectations of increased Brazilian coffee supply for export.

In a report published this week, consulting firm Hedgepoint Global Markets highlighted that the sharp fluctuations in the Brazilian exchange rate since the end of October have boosted trading activity, helping to improve producers’ selling prices in local currency, despite falling international coffee prices. According to the firm, between October 23 and 26, the nearest-term arabica contract fell 2.1% in USD per 60kg bag, but its value in Brazilian Real increased by 6.5%.

Exchange rate movements have become more noteworthy amid market expectations of accelerated Brazilian coffee exports. Market intelligence analysts at Hedgepoint Global Markets believe that the depreciation of the Brazilian Real has partially offset the decline in coffee prices in USD. However, broader market fundamentals remain unfavorable and could continue to put downward pressure on prices.

The availability of coffee for delivery on exchanges continues to be one of the factors closely monitored by traders.

In New York, certified arabica inventories remain at historically low levels, near the lowest recorded in almost three decades. However, the market is monitoring the influx of new coffee from Brazil into ICE-approved warehouses, with a portion of the harvest awaiting the necessary sorting procedures before it can be added to certified inventories.

In the long term, Citi’s commodity research department remains pessimistic about coffee prices, forecasting that ICE arabica coffee futures will fall to $2.50 per pound in the next three months and $2.25 per pound in the next twelve months. Citi believes the market is approaching a turning point, with the possibility of a downward correction before the end of the year.

Domestic coffee prices rose by 500-600 VND/kg at the beginning of the week, reaching 84,500-85,300 VND/kg. However, last week, domestic coffee prices fell sharply by 2,300-2,500 VND/kg due to supply pressure from the ongoing harvest.

The impetus for strengthening domestic prices largely stems from the improvement in global markets during the most recent closing session. This shift has fueled expectations of a more stable trading period after a series of volatile days.

Traders say the 2026-2027 coffee harvest has begun in some areas of the Central Highlands and is expected to peak in late November, adding further downward pressure on domestic coffee prices. Traders predict that the expected yield will be fairly good, similar to last year.

According to the General Statistics Office, Vietnam’s coffee exports in October reached 114,000 tons, a 60.6% increase compared to the same period last year. For the first 10 months of the year, total coffee exports reached 1.57 million tons, an 18.8% increase year-on-year. However, contrary to the increase in volume, export value decreased by 5.2%, to $7.08 billion.

In the short term, domestic coffee prices are likely to remain stable or fluctuate within a narrow range around 84,000 – 85,000 VND/kg. A cautious sentiment prevails in the market as participants await further official data on the new harvest in Vietnam’s key coffee-growing regions, as well as developments in global supply and demand.

According to the World and Vietnam Newspaper, at the close of trading last weekend (November 6th), robusta coffee prices continued to rise on the ICE Futures Europe London exchange. The January 2027 delivery contract increased by $29, trading at $3,270/ton. The March 2027 delivery contract increased by $24, trading at $3,243/ton. Average trading volume.

Arabica coffee prices on the ICE Futures US New York exchange reversed course and rose, with the December 2026 contract increasing by 2.85 cents to trade at 280.00 cents/lb. The March 2027 contract rose by 2.4 cents to trade at 271.65 cents/lb. Trading volume was high.

Pepper prices today, November 9, 2026

Domestic pepper prices fluctuate between 135,500 and 138,000 VND/kg.

Domestic pepper prices have reversed course, with current prices 1,000-1,500 VND/kg higher than at the end of last week. Specifically, transactions in various localities on November 9th were as follows:

In Dak Lak province, the price of pepper today is being purchased at 138,000 VND/kg.

In Gia Lai province, the price of pepper today is 135,500 VND/kg.

In the Dak Nong area (Lam Dong province), the price of pepper today is being purchased at 136,500 VND/kg.

In the Ba Ria – Vung Tau (Ho Chi Minh City) area, the price of pepper today is 136,000 VND/kg.

In Dong Nai province, the price of pepper today is 135,500 VND/kg; in Binh Phuoc province, the price of pepper today is also being purchased at 135,500 VND/kg.

According to data from the International Pepper Community (IPC), pepper prices in major global markets showed little fluctuation last week.

According to ITC data, in September 2026, the US imported 6,797 tons of pepper, worth $52.3 million, a decrease of 4.6% in volume and 4.4% in value compared to August 2026, but an increase of 19.7% in volume compared to September 2025.

Vietnam continued to be the largest supplier, reaching 5,212 tons, accounting for 76.7% of total US imports in September. Compared to August 2026, imports from Vietnam decreased by 7.1%, or 396 tons, which was the main reason for the overall decrease in imports that month. However, compared to the same period in September 2025, imports from Vietnam increased by 32.9%, or 1,289 tons, higher than the overall market increase.

As of the end of September 2026, the US imported 68,797 tons of pepper, worth $524.0 million, an increase of 7.1% in volume and 6.9% in value compared to the same period in 2025, equivalent to an increase of 4,538 tons. However, the import volume is still 5.9% lower than the 73,087 tons imported in the first nine months of 2024. In the third quarter of 2026 alone, imports reached 21,234 tons, a decrease of 18.5% compared to the second quarter, reflecting a slowdown in imports in recent months.

Vietnam supplied 54,939 tons, a 23.3% increase year-on-year, equivalent to an increase of 10,389 tons. Vietnam’s market share increased from 69.3% in the first nine months of 2025 to 79.9% in the first nine months of 2026, a 10.5 percentage point increase. The increase from Vietnam exceeded the increase in total US imports, offsetting the decline from many other sources.

Today’s export rice prices (November 9, 2026)

Export rice prices in Vietnam and Thailand rose to their highest levels in nearly two years last week, driven by concerns about supply disruptions and strong demand, while Indian rice prices edged lower due to improved new crop supplies, according to the Vietnam Food Association (VFA).

In Vietnam, the export price of 5% broken white rice fluctuates. 480–490 USD/ton .

Export prices for Jasmine rice have risen to $535-$539 per ton .

The price of fragrant rice with 5% broken grains has increased to 500-515 USD/ton .

According to government statistics, Vietnam’s rice exports in October 2026 increased by 37.2% compared to the same period last year, reaching 475,000 tons, bringing the total export volume from January to October to 6.83 million tons.

Meanwhile, the price of Thai 5% broken rice rose to $490-495 per ton, the highest level since January 2025 and up from the $480 per ton quoted last week, due to high demand and reduced supply in some areas.

Indian parboiled rice with 5% broken grains was quoted at $382-386/tonne this week, touching its lowest level since October 8th and down from last week’s $387-392/tonne. Indian white rice with 5% broken grains was priced at $389-393/tonne.

The story of the import and export market.

Russia is introducing to African governments and businesses a cross-border payment system developed by the financial technology company A7, aimed at facilitating trade transactions and reducing reliance on Western financial networks.

According to African media, the platform was introduced at the third Russia-Africa Summit held recently in Moscow. Russian President Vladimir Putin said the system allows online conversion between conventional and digital currencies. Russian Finance Minister Anton Siluanov stated that transaction fees are only 0.3%.

A7 International’s service, announced in October 2026, allows businesses to pay international bills using USDT – a digital currency pegged to the US dollar. According to A7, recipients can receive payments via regular bank transfers in USD, Euro, Chinese Yuan, or UAE dirham. Transactions utilize the TRON blockchain network and can be processed via SWIFT. A7 states that the platform has opened representative offices in Lagos (Nigeria) and Harare (Zimbabwe).

This move comes as President Putin stated that Russia-Africa trade will exceed $27 billion by 2025, an increase of approximately 50% compared to 2023. Moscow wants to expand cooperation with the continent in the fields of agriculture, energy, mining, infrastructure, and technology.

However, A7’s operations are facing significant legal risks. On October 1st, the US Treasury Department imposed sanctions on the A7 network, accusing the organization of assisting in circumventing sanctions and facilitating transactions related to Iran. A7 denies the allegations, asserting that it continues to provide legitimate payment services.

The feasibility of deploying the platform in individual African countries depends on regulations governing digital currencies, banking operations, and international financial restrictions.