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30 05, 2026

Pound Sterling to Dollar Forecast: GBP Rebounds as Iran Deal Hopes Hit USD

By |2026-05-30T19:43:31+03:00May 30, 2026|Forex News, News|0 Comments


– Written by

The Pound to Dollar exchange rate (GBP/USD) rebounded from intraday lows as improving sentiment surrounding US-Iran negotiations weighed on the US Dollar and encouraged investors back into risk-sensitive assets. Hopes that progress could eventually lead to the reopening of the Strait of Hormuz helped curb safe-haven demand for the Greenback, allowing Sterling to recover ground.

GBP/USD Forecasts: Rebound from Daily Lows

The Pound to Dollar (GBP/USD) exchange rate dipped to near 1.3400 early in Europe on Friday before recovering strongly to above 1.3475 during US trading as the dollar lost ground amid hopes that the US and Iran could secure some form of deal.

According to UoB; “GBP is unlikely to break the strong resistance at 1.3480. Support is at 1.3435.

It added; “A breach of 1.3415 would indicate that GBP is more likely to range-trade rather than continuing to rebound.”

Traders were reluctant to maintain aggressive positions into the weekend and there was also an element of choppy trading with month-end position adjustment also having an impact.

There was further choppy trading on Iran headlines with traders reacting to the latest comments and hopes for a deal.

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Scotiabank commented; “Focus remains centered on the state of play between the US and Iran, with a renewed sense of confidence in the possibility of a deal that would reopen the Strait of Hormuz. Details include a 60 day ceasefire extension, Iran’s removal of all of its mines from the Strait within 30 days, and the launching of further talks on Iran’s nuclear program.”

According to MUFG; “If the reported details are true and if President Trump does accept these conditions and we have a 60-day extension with, crucially, the Strait of Hormuz reopened we certainly would expect further near-term downside pressure on front-end rates and for the US dollar to weaken further.”

ING expressed some caution; “The ceasefire extension in Iran is helping markets trade optimistically again, but we ultimately need to see a reopening of the Strait of Hormuz to take the dollar much lower from here.”

The outlook for monetary policy and interest rates will also be a key element. In comments on Friday, Bank of England Governor Bailey sounded cautious on the potential for interest rate hikes.”

He noted that allowing inflation to run above the BoE’s 2% target was justified given uncertainty over the economic impact of the Iran war and the weak pace of growth.” He did add; “that tolerance would weaken if signs of second-round effects begin to emerge.”

According to Kirstine Kundby-Nielsen, senior FX strategist at Danske Bank “I don’t expect the Bank of England to hike to the extent that it’s priced by market.”

She added; “The UK economy isn’t in great shape. If we get close to a ceasefire, some of these underlying macroeconomic developments start taking focus again.”

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30 05, 2026

Forecast update for EURUSD -29-05-2026.

By |2026-05-30T19:32:31+03:00May 30, 2026|Forex News, News|0 Comments


Despite the weakness of EURJPY pair’s last trading, its negative stability at 215.80 barrier assist to confirm the previously suggested bearish corrective scenario, confirming that gathering negative momentum is important to ease the mission of reaching 184.80 initially, then attempts to press on 214.30 barrier to find an exit for resuming the decline and reaching the main stations near 183.50 and 182.70.

 

Note that the price rally above the previously mentioned barrier and holding above it will support the chances of forming bullish waves, to attempt to record several gains by its rally towards 186.25 and 186.65.

 

The expected trading range for today is between 184.30 and 185.70

 

Trend forecast: Bearish





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30 05, 2026

EUR/USD Forecast: US employment, Iran war and stagflation fears to lead the way

By |2026-05-30T15:42:34+03:00May 30, 2026|Forex News, News|0 Comments

The EUR/USD pair finished the last week of May at around 1.1660, barely up compared to the previous week’s close. The US Dollar (USD) shed some ground on the back of hopes, but losses were limited by persistent speculation that the Federal Reserve (Fed) will have no choice but to hike interest rates before year’s end.

The song remains the same

Financial market activity revolved once again around war-related headlines. The Middle East crisis led the way, with sentiment staying positive at the beginning of the week but deteriorating later amid headlines of back-and-forth attacks between the United States (US) and Iran. By Thursday, however, news that they had reached an agreement on a Memorandum of Understanding to extend the ceasefire for 60 days, open the Strait of Hormuz, and start nuclear talks revived the positive mood and maintained the USD under selling pressure.

There is, however, a caveat: US President Donald Trump has yet to approve it, while Iran’s authorities claim the memorandum is not yet finalized. Even further, Iran’s top negotiator Mohammad Baqer Qalibaf said on Friday that they have no trust in guarantees or words, and added: “Only actions are the measures, no action will be taken before the other side acts.” Also on Friday, President Trump said that the naval blockade will be lifted and ships caught in the Strait of Hormuz may start the process of “heading home.”

Nevertheless, cautious optimism prevails.

Gearing up for central banks

The US Fed and the European Central Bank (ECB) will announce their monetary policy decisions in roughly two weeks, and market players are already gearing up for it. Recent data shows the hike path is more likely day after day, as inflation keeps running above the central bank’s goals.

In the US, inflation rose at an annualized pace of 3.8% in April, up from 3.5% in March, according to the Personal Consumption Expenditures (PCE) Price Index. The core PCE Price Index rose 3.3% as anticipated. The Fed’s favorite inflation gauge is at its highest in roughly two years, and has been above the central bank’s goals since March 2021.

Continued and rising inflationary pressure, alongside the lack of material progress on the war front – the latest major source of inflation – pushes speculative interest into betting on interest rate hikes.

Across the pond, things are slightly better, but still worrisome: Germany published the preliminary estimate of the May Consumer Price Index (CPI), which rose 2.6%, easing from the 2.9% posted in April. The Harmonized Index of Consumer Prices, the ECB’s preferred inflation reading, declined 0.1% on a monthly basis and rose 2.7% on a yearly basis. Market players are already pricing in a rate hike when European policymakers meet in June.

Stagflation fears rise, employment taking center stage

Other than that, the US downwardly revised the Q1 Gross Domestic Product (GDP) estimate to 1.6% from the first calculation of 2%.

While far from confirmed, the stagflation ghost hovers over all major economies as inflation keeps rising while growth becomes tepid.

The first week of June will revolve around the second leg of the Fed’s mandate: employment. The US will release the April JOLTS Job Openings report, the monthly ADP survey on Employment Change, Challenger Job Cuts, and weekly unemployment claims ahead of the May Nonfarm Payrolls (NFP) report scheduled for Friday.

Growth-related data will also make it to the wires, as ISM will release the Services and the Manufacturing Purchasing Managers’ Indexes (PMIs) for May.

Germany and the Eurozone will publish Retail Sales updates, while the Euro bloc will unveil the preliminary estimate of the HICP also for May, expected to hit 3.3% YoY, after posting 3% in April. Such an outcome or a higher one will result in market participants fully pricing in an interest rate hike by the ECB in June. Finally, the Eurozone will publish a second estimate of the Q1 GDP, expected to be confirmed at 0.1% QoQ.

The macroeconomic calendar will also include some Fed and ECB speakers, the last round of testimonies ahead of the central banks’ announcements later in the month.

EUR/USD Technical Outlook:

Technically, the EUR/USD pair is losing its bearish strength, although the risk remains skewed to the downside. The daily chart for the pair shows it is trading below all its moving averages, with the 20-day Simple Moving Average (SMA) gaining downward strength and providing resistance at 1.1675, while slowly grinding below the 100-day SMA at 1.1698 and the 200-day SMA at 1.1683. The SMAs cluster provides resistance, limiting the bullish potential of EUR/USD. At the same time, the Momentum indicator remains directionless in negative territory, while the Relative Strength Index (RSI) indicator oscillates around the neutral 50 line, hinting that recovery attempts are likely to face supply on shallow bounces.

In the weekly chart, EUR/USD remains well above the 100- and 200-week SMAs at 1.1266 and 1.0966, respectively, yet with the upside limited by a flat 20-week SMA at 1.1690. Technical indicators ticked north but remain in negative territory, signaling easing selling pressure yet not enough to support additional gains ahead. Near-term support comes at 1.1620, ahead of the 1.1560 region. Additional declines expose 1.1470, a long-term static support level.

Near-term support comes at 1.1620, ahead of the 1.1560 region.(The technical analysis of this story was written with the help of an AI tool.)

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30 05, 2026

Unsweetened Instant Coffee Market in Brazil | Report – IndexBox

By |2026-05-30T15:31:28+03:00May 30, 2026|Forex News, News|0 Comments


Brazil Unsweetened Instant Coffee Market 2026 Analysis and Forecast to 2035

Executive Summary

Key Findings

  • Brazil functions as both the world’s largest supply base for soluble coffee and a substantial consumption market for unsweetened instant coffee, with domestic offtake absorbing an estimated 30–40% of national production volume. This dual role insulates the market from supply disruptions but exposes it to opportunity costs when global prices rally.
  • A structural consumer shift away from sweetened coffee has accelerated since 2022, with unsweetened varieties now accounting for roughly 55–65% of total instant coffee retail volume. The health-and-wellness trend is deepening, compressing the market share of sugar-added instant blends toward older, lower-income demographics.
  • Competition is dominated by four to five integrated groups, yet private-label penetration has risen steadily, capturing an estimated 15–20% of retail volume and compressing margins in the economy spray-dried tier. This pressure is forcing branded players to differentiate via freeze-dried, organic, and certified product lines.

Market Trends

  • Premiumization is creating a two-speed market: freeze-dried, single-serve stick-pack, and specialty unsweetened instant coffee are expanding at 6–10% CAGR, while economy spray-dried volume is growing at less than 2% CAGR, constrained by demographic stagnation and private-label substitution.
  • E-commerce and direct-to-consumer channels are reshaping distribution dynamics, rising from an estimated 8–10% of value sales in 2024 toward a projected 15–18% by 2030. This shift reduces reliance on traditional trade margins but demands higher marketing investment.
  • Sustainability and certification (Rainforest Alliance, Organic, Fair Trade) are transitioning from premium niches to baseline requirements for export-oriented producers and increasingly for domestic food-service and corporate procurement contracts.

Key Challenges

  • Extreme volatility in arabica and robusta green coffee prices—swinging by 30–50% year-on-year—disrupts procurement planning, working capital, and retail pricing stability, with cost pass-through constrained by elastic demand in economy segments.
  • The high capital cost of freeze-drying technology (lyophilization) limits the ability of mid-tier Brazilian manufacturers to upgrade from spray-dried capacity, constraining their participation in the higher-margin premium tier.
  • Persistent inflation and income compression among lower-income households cap the volume growth of branded economy lines, as consumers trade down to private label or revert to cheaper brewing methods, compressing top-line growth for mass-market players.

Market Overview

Brazil’s unsweetened instant coffee market in 2026 occupies a distinctive position as both a dominant global supply hub and a mature, dynamic consumption market. The country processes a significant share of its robusta harvest—primarily from Espírito Santo, Rondônia, and Bahia—along with a portion of lower-grade arabica, into soluble coffee for domestic sale and international export. Unsweetened varieties have become the normative default in Brazilian retail, a shift that has accelerated as food-labeling regulations have tightened and consumer awareness of added sugar has risen.

The category encompasses everything from economy spray-dried powders sold in flexible pouches at price points accessible to C2DE households, to premium freeze-dried micro-ground products targeting the urban AB1 demographic. Unlike markets in Eastern Europe or East Asia, where instant coffee competes primarily against tea or alternative beverages, in Brazil it competes directly with a strong tradition of fresh-brewed filtered coffee. This competitive dynamic caps the frequency of instant consumption but also creates a sizable addressable market of coffee drinkers who value convenience without a radical departure from the coffee ritual.

Market Size and Growth

Between the base year of 2026 and the forecast horizon of 2035, the Brazil unsweetened instant coffee market is projected to expand at a volume CAGR in the range of 3.5–5.5%, reflecting maturation in the Southeast and South regions offset by steady penetration gains in the Northeast and North. Value growth is set to run meaningfully higher—estimated at 6.0–8.5% CAGR—as the mix rotates toward freeze-dried, certified organic, and single-serve stick-pack formats, and as cost-push inflation from green coffee and energy is partially passed through at retail.

The market does not exhibit explosive category growth; rather, it is undergoing a structural value upgrade. The volume share of economy spray-dried unsweetened coffee is expected to decline from roughly 60–65% in 2026 to an estimated 50–55% by 2035, while the premium freeze-dried and specialty sub-segments are forecast to nearly double their volume base over the same period. This growth trajectory is supported by favorable demographics in the premium tier—rising urban incomes, smaller household sizes, and a growing cohort of younger consumers who prioritize speed and quality over price.

Demand by Segment and End Use

By processing type, spray-dried unsweetened instant coffee commands the majority of retail and food-service volume in Brazil, comprising an estimated 65–75% of total category tonnage. Freeze-dried coffee represents approximately 20–30% of value but less than 10% of volume, highlighting its premium positioning and higher per-unit price. Organic and decaffeinated sub-segments remain small—each representing under 5% of volume—but organic instant coffee is the fastest-growing tier, expanding at double-digit rates from a low base, driven by export pull and a small but vocal domestic health-conscious cohort.

By end-use sector, at-home consumption accounts for roughly 70–80% of unsweetened instant coffee sales volume. The HORECA sector contributes the balance, where unsweetened instant is used primarily in self-service breakfast setups, corporate canteens, and as a base for iced coffee beverages. Industrial demand, although representing less than an estimated 5% of total volume, provides a stable B2B offtake channel for unsweetened soluble coffee used as an ingredient in ice cream, baked goods, ready-to-drink coffee beverages, and confectionary.

Regional demand patterns within Brazil are distinct: the Southeast and South exhibit higher penetration of premium freeze-dried and organic products, while the Northeast and North are heavily oriented toward economy spray-dried formats, offering headroom for value upgrades as distribution infrastructure improves.

Prices and Cost Drivers

The cost structure of unsweetened instant coffee in Brazil is heavily weighted toward green coffee raw material, which typically constitutes 45–55% of the factory-gate cost for spray-dried product. The arabica–robusta price spread directly influences product formulation; when robusta prices spike relative to arabica, producers blend down or raise prices, compressing volume in the economy tier.

Energy costs for thermal processing—spray-drying and freeze-drying—represent the second-largest variable cost, accounting for an estimated 15–20% of conversion costs, with natural gas and electricity prices in Brazil subject to periodic volatility linked to hydropower availability and global energy markets. Labor, packaging, and logistics constitute the remainder.

At retail, a three-tier pricing structure is well established: economy brands and private label trade at a 25–40% discount to mainstream branded spray-dried coffee, while premium freeze-dried and single-serve stick-pack products command a 100–250% premium over mainstream spray-dried. The private-label price gap has widened slightly in the 2024–2026 period, as grocery chains have aggressively promoted their own store brands. Promotional intensity is high in the mainstream tier, with in-store discounts and temporary price reductions accounting for an estimated 25–35% of retail volume in supermarkets and hypermarkets.

Suppliers, Manufacturers and Competition

The competitive landscape is concentrated among a small number of vertically integrated processors and brand owners, alongside a robust ecosystem of private-label and contract-manufacturing specialists. Nestlé, through its Nescafé brand family, holds a leadership position across both the mainstream spray-dried and premium freeze-dried tiers, supported by extensive distribution reach and a strong innovation pipeline.

JDE Peet’s, operating through the acquired Brazilian heritage brands such as Campeão, Caboclo, and União, maintains a strong national presence, particularly in the North and Northeast, where brand loyalty to traditional local labels remains high. Other significant domestic players include Cacique, Três Corações, and Marata. Cacique has invested heavily in freeze-drying capacity, positioning itself as a strong player in the premium and private-label export markets.

Marata functions predominantly as a large-scale B2B and private-label supplier, providing unsweetened instant coffee to grocery chains, food-service distributors, and international buyers. The competitive dynamic is characterized by intense price competition in the economy tier, with margins under structural pressure from private label. Differentiation is pursued primarily through packaging format innovation (e.g., stick packs, micro-ground blends), certification, and marketing investment, rather than through radical product technology changes.

Domestic Production and Supply

Brazil’s soluble coffee manufacturing base is geographically clustered in the primary coffee-growing states, with the highest concentration of processing plants located in the south of Minas Gerais, the Zona da Mata of Minas Gerais, and the highlands of Espírito Santo. Total domestic soluble coffee production capacity is estimated in the range of 85,000–115,000 metric tons annually, with plant utilization rates fluctuating between 70% and 85% depending on export demand conditions and the size of the domestic harvest.

The technology base is split: the majority of installed capacity utilizes conventional spray-drying, which is capital-efficient but produces a powder with lower aroma retention and a larger particle-size distribution. Freeze-drying capacity, while representing a smaller share of total tonnage, has expanded meaningfully over the past decade, driven by investments by Nestlé, Cacique, and a few specialized co-packers. The supply chain is deeply integrated backward; major processors own or contract directly with large robusta farms, securing raw material supply but also absorbing direct exposure to climatic and disease risks.

Domestic green coffee stock levels, while not publicly reported at a granular level, are estimated by trade sources to cover 3–5 months of processing requirements, providing some buffer against harvest shortfalls but not against sustained global price rallies.

Imports, Exports and Trade

Brazil is a net exporter of unsweetened instant coffee by a very wide margin, with exports absorbing an estimated 50–65% of national soluble coffee production volume. Key export destinations include the United States, Japan, Russia, Eastern European markets (especially Poland and Ukraine), and the United Kingdom. Brazilian soluble coffee competes primarily on a combination of scale, cost efficiency, and robusta-based body, placing it in direct competition with Vietnamese and Indonesian suppliers in the economy and mainstream tiers.

The domestic market, however, retains a significant share of higher-grade production, as local consumers are less price-sensitive than emerging-market export destinations in Eastern Europe. Imports of unsweetened instant coffee into Brazil are negligible, estimated at less than 2% of domestic consumption, and are limited to specialized Colombian or Ethiopian single-origin soluble products targeting niche gourmet and ethnic retail outlets. The trade surplus in soluble coffee is a structurally important contributor to Brazil’s agribusiness trade balance.

Tariff protection, in the form of a 10–14% import duty on soluble coffee under Mercosur’s common external tariff, reinforces the competitive moat enjoyed by domestic producers, effectively limiting import penetration to specialty products unavailable locally.

Distribution Channels and Buyers

Retail distribution of unsweetened instant coffee in Brazil is led by supermarkets and hypermarkets, which account for an estimated 60–70% of B2C sales volume. The wholesale and cash-and-carry channel serves as the primary conduit to small neighborhood retailers and the food-service sector, particularly in lower-income regions. E-commerce is the fastest-growing distribution channel, having risen from an estimated 3–5% of value sales in 2020 to 8–12% in 2026, driven by the expansion of Mercado Livre, Amazon Brazil, and subscription-based coffee services.

Food-service buyers—hotels, restaurants, cafes, and corporate caterers—represent a distinct procurement segment with low switching costs for unsweetened spray-dried coffee but higher brand loyalty in the freeze-dried segment. Corporate procurement for office coffee services is a small but stable demand pocket, favoring portion-controlled single-serve stick packs and larger institutional packages.

Private-label buyers, including major grocery chains such as Grupo Pão de Açúcar, Carrefour Brazil, and Assaí, are increasingly sophisticated, demanding consistent quality, certified sourcing, and customized packaging formats, often contracting directly with mid-tier processors such as Marata or Cacique rather than relying on third-party wholesalers.

Regulations and Standards

The regulatory environment for unsweetened instant coffee in Brazil is defined primarily by ANVISA Resolution RDC 429/2020 and the associated Normative Instruction IN 75/2020, which govern food labeling, allergen declaration, and nutritional claims. Unsweetened instant coffee must carry clear labeling stating “zero açúcares” (zero sugars) or “sem adição de açúcares” (no added sugars) if it meets the regulatory threshold, and it may not contain any added sweeteners, sugar, or carbohydrate-based bulking agents.

The legislation has significantly reduced the number of products marketed as “soluble coffee mix” that contained high levels of added sugar, effectively clearing the shelf space for pure unsweetened coffee. Certification is a growing regulatory factor in the premium segment: Rainforest Alliance and Organic certifications (the latter overseen by MAPA and INMETRO-accredited certifiers) command a retail premium of 15–30% and are increasingly demanded by food-service and corporate procurement contracts. The use of non-coffee-based anti-caking agents and artificial aromas is tightly restricted, with labeling requiring disclosure of any additives.

Import tariffs on soluble coffee, set under Mercosur’s common external tariff at approximately 10–14%, are designed to protect the domestic processing industry and effectively block low-cost imports from Vietnam or Indonesia, maintaining a favorable pricing structure for Brazilian processors.

Market Forecast to 2035

The Brazil unsweetened instant coffee market is forecast to evolve along a bifurcated growth trajectory between 2026 and 2035. The base economy tier—largely spray-dried product sold in flexible pouches—is expected to register minimal volume expansion, with a CAGR of only 1.0–2.0%, constrained by population aging, private-label margin pressure, and gradual trading up among younger consumers. In contrast, the premium freeze-dried, organic, and specialty unsweetened segments are projected to grow at a robust 6.0–10.0% CAGR, doubling their combined volume share from an estimated 12–15% of total category volume in 2026 to 25–30% by 2035.

Total category value is expected to increase at a CAGR of 6.0–8.0%, driven primarily by the mix shift toward higher-priced formats and the pass-through of green coffee and energy cost inflation. A key structural assumption underlying the forecast is that the health-and-wellness trend will deepen, accelerating the decline of sweetened instant blends and further entrenching unsweetened coffee as the default choice among younger, urban, and higher-income consumers.

Climate-related supply risks to arabica and robusta crops in Brazil and competing origins are expected to keep green coffee prices elevated in real terms relative to the 2015–2020 average, supporting higher retail pricing but also compressing volume growth in price-sensitive economy segments.

Market Opportunities

The most significant near- to medium-term opportunity lies in bridging the quality and flavor gap between commodity instant coffee and fresh brewed coffee through innovation in processing technology. The “specialty instant” segment—which uses high-grade arabica beans and proprietary aroma-preservation methods such as micro-grinding or nitrogen-flushed packaging—is vastly under-penetrated in Brazil relative to markets such as the United States, Japan, or South Korea, and offers high-margin growth for both established players and agile challenger brands.

A second major opportunity resides in B2B channels: food-service operators and industrial ingredient buyers are increasingly seeking suppliers that can offer traceable, certified, and consistent soluble coffee with sustainability documentation, creating an opening for processors who invest in Rainforest Alliance and Organic certification and who can provide reliable supply amidst green coffee volatility. Third, e-commerce and direct-to-consumer subscription models are reshaping channel economics.

DTC models bypass the 20–30% margins demanded by traditional retail intermediaries, allowing premium unsweetened instant coffee brands to invest in higher-grade raw materials and more sophisticated packaging while maintaining attractive unit economics. Private-label expansion represents a fourth opportunity: as grocery chains continue to build their store-brand credibility, processors willing to invest in dedicated private-label production lines and flexible packaging capabilities can capture growing volume at the expense of legacy economy brands.

Finally, export diversification into Southeast Asian and Middle Eastern markets—where soluble coffee consumption is growing and Brazilian robusta-based product is well suited to local taste preferences—offers an avenue to absorb the production capacity needed to fund domestic premiumization investments.

High Reach / Scale

Focused / Niche

Value / Mainstream

Premium / Differentiated

Brand examples

Nescafé Classic
Private Label (e.g., Great Value, 365)

Scale + Value Leadership

Value and Private-Label Specialists
Mass-Market Portfolio Houses

Wins on reach, promo intensity, and shelf scale.

Brand examples

Nescafé Gold
Starbucks VIA Instant

Scale + Premium Differentiation

Global Brand Owners and Category Leaders
Premium and Innovation-Led Challengers

Converts brand equity into price resilience and mix.

Brand examples

Mount Hagen
Café Bustelo

Focused / Value Niches

DTC and E-Commerce Native Brands
Regional Brand Houses

Plays where local execution or partner-led scale matters.

Brand examples

Swift Cup
Voila
Sudden Coffee

Focused / Premium Growth Pockets

Vertical Integrator (Plantation-to-Cup)
Mass-Market Portfolio Houses

Typical white space for challengers and premium extensions.

Mass Grocery

Leading examples

Nescafé
Folgers
Maxwell House

The scale channel: volume, distribution, and shelf defense.

Demand Reach

Mass-market scale

Margin Quality

Tight / promo-heavy

Brand Control

Retailer-led

Discounters/Hard Discount

Leading examples

Private Label
Euro Shopper
Jockey

This channel usually matters for controlled launches, message consistency, and premium mix.

Online/DTC

Leading examples

Voila
Swift Cup
Waka Coffee

Commercial role depends on assortment width, retailer leverage, and route-to-market execution.

Specialty/Health Food

Leading examples

Mount Hagen
Café Altura
Laird Superfood

Wins where expertise, claims, and trust shape conversion.

Demand Reach

Targeted premium

Margin Quality

Higher / curated

Brand Control

Category-managed

Premium/Specialty

Wins where expertise, claims, and trust shape conversion.

Demand Reach

Targeted premium

Margin Quality

Higher / curated

Brand Control

Category-managed

This report is an independent strategic category study of the market for unsweetened instant coffee in Brazil. It is designed for brand owners, general managers, category leaders, trade-marketing teams, e-commerce teams, retail partners, distributors, investors, and market entrants that need a clear read on where growth sits, which brands control the category, how pricing and promotion shape demand, and which channels matter most for scale and margin.

The framework is built for consumer packaged goods (CPG) category markets within consumer goods, where performance is driven by need states, shopper missions, brand hierarchies, price-pack architecture, retail execution, promotional intensity, and route-to-market control rather than by a narrow technical specification alone. It defines unsweetened instant coffee as Instant coffee powder or granules made from brewed coffee, processed to remove water, and sold without added sugar or sweeteners and maps the market through category boundaries, consumer segments, usage occasions, channel structure, brand and private-label positions, supply and availability logic, pricing and promotion mechanics, and country-level commercial roles. Historical analysis typically covers 2012 to 2025, with forward-looking scenarios through 2035.

What questions this report answers

This report is designed to answer the questions that matter most to brand, category, channel, and strategy teams in consumer-goods markets.

  1. Where category growth and margin pools really sit: how large the market is, which segments are growing, and which parts of the category carry the strongest commercial upside.
  2. What the category actually includes: where the scope boundary should be drawn relative to adjacent products, substitute baskets, and wider household or personal-care routines.
  3. Which commercial segments matter most: how the category should be cut by format, need state, shopper occasion, price tier, pack architecture, channel, and brand position.
  4. How shoppers enter, repeat, trade up, and switch: which need states and shopping missions create the strongest value pools, and what drives loyalty versus substitution.
  5. Which brands control volume, premium mix, and shelf power: how branded players, challengers, and private label differ in scale, positioning, channel strength, and claims authority.
  6. How pricing and promotion really work: how price ladders, pack-price logic, promotions, and channel margin structures shape revenue quality and competitive intensity.
  7. How supply and route-to-market affect performance: where manufacturing, private label, fulfillment, replenishment, and on-shelf availability create advantage or risk.
  8. Which countries and channels matter most for growth: where to build brand power, where to source or manufacture, and where the next wave of category expansion is likely to come from.
  9. Where the best white-space opportunities are: which segments, countries, channels, and assortment gaps are most attractive for entry, expansion, or portfolio repositioning.

What this report is about

At its core, this report explains how the market for unsweetened instant coffee actually works as a consumer category. It is built to show where demand comes from, which need states and shopper missions matter most, which brands and private-label players shape the category, which channels control visibility and conversion, and where pricing power, repeat purchase, and margin are actually created.

Rather than framing the category through narrow technical attributes, the study breaks it into decision-grade commercial layers: product format, benefit platform, shopper segment, purchase occasion, pack-price architecture, channel environment, promotional intensity, route-to-market control, and company archetype. It is therefore useful both for teams shaping portfolio strategy and for teams executing growth through Household Shopper (B2C), Food Service Procurement (B2B), Corporate Buyer (Office Supply), Private Label Retailer, and Distributor/Wholesaler.

The report also clarifies how value pools differ across Hot beverage preparation, Baking and dessert ingredient, Smoothie and protein shake additive, and Quick cold brew preparation, how premiumization and private label reshape category economics, how retail concentration and route-to-market design affect scale, and which countries matter most for brand building, sourcing, packaging, and channel expansion.

Research methodology and analytical framework

The report is based on an independent market-intelligence methodology that combines category reconstruction, public company evidence, retail and channel mapping, pricing review, and multi-layer triangulation. It is built for consumer categories where no single public dataset captures the real structure of demand, brand power, promotion, and channel control.

The evidence stack typically combines company disclosures, investor materials, brand and retailer product pages, e-commerce assortment checks, packaging and claims analysis, public pricing references, trade statistics where relevant, regulatory and labeling guidance, and observable route-to-market evidence from distributors, retailers, merchandisers, and marketplace ecosystems.

The analytical model then reconstructs the category across the layers that matter commercially: category scope, shopper need states, consumer segments, pack-price ladders, brand and private-label hierarchy, channel power, promotional intensity, route-to-market design, and country role differences.

Special attention is given to Convenience and speed of preparation, Long shelf life and storage stability, Cost-effectiveness vs. fresh coffee, Health/wellness trend (sugar avoidance), Space efficiency (travel, small kitchens), and Growing at-home coffee culture. The objective is not only to size the market, but to explain where value pools sit, which segments drive mix and repeat purchase, which channels shape growth, and how leading brands defend or expand their positions across Household Shopper (B2C), Food Service Procurement (B2B), Corporate Buyer (Office Supply), Private Label Retailer, and Distributor/Wholesaler.

The report does not rely on survey-based opinion as its core evidence base. Instead, it uses observable commercial signals and structured public evidence to build a decision-grade view for brand, category, retail, e-commerce, investment, and market-entry teams.

Commercial lenses used in this report

  • Need states, benefit platforms, and usage occasions: Hot beverage preparation, Baking and dessert ingredient, Smoothie and protein shake additive, and Quick cold brew preparation
  • Shopper segments and category entry points: Household/Retail, Food Service (HORECA), Office/Workplace, and Travel & Hospitality
  • Channel, retail, and route-to-market structure: Household Shopper (B2C), Food Service Procurement (B2B), Corporate Buyer (Office Supply), Private Label Retailer, and Distributor/Wholesaler
  • Demand drivers, repeat-purchase logic, and premiumization signals: Convenience and speed of preparation, Long shelf life and storage stability, Cost-effectiveness vs. fresh coffee, Health/wellness trend (sugar avoidance), Space efficiency (travel, small kitchens), and Growing at-home coffee culture
  • Price ladders, promo mechanics, and pack-price architecture: Commodity Green Coffee Cost, Processing & Manufacturing Cost, Brand Premium, Channel Markup (Grocery vs. Discounter), Promotional & Discount Pricing, and Private Label vs. Branded Price Gap
  • Supply, replenishment, and execution watchpoints: Volatile green coffee bean pricing & sourcing, High capital intensity of freeze-drying plants, Aroma and flavor loss during processing, Competition for premium bean supply with whole-bean sector, and Private label price pressure on margins

Product scope

This report defines unsweetened instant coffee as Instant coffee powder or granules made from brewed coffee, processed to remove water, and sold without added sugar or sweeteners and treats it as a branded consumer category rather than as a narrow technical product class. The objective is to capture the real commercial market that category, brand, trade-marketing, and channel teams are managing.

Scope is determined by how the category is sold, merchandised, priced, and chosen in market. That means the report follows product formats, claims, price tiers, pack architecture, need states, and retail environments that shape Hot beverage preparation, Baking and dessert ingredient, Smoothie and protein shake additive, and Quick cold brew preparation.

The study deliberately separates the category from adjacent baskets when they distort the economics or shopper logic of the market being measured. Typical exclusions therefore include Sweetened or flavored instant coffee mixes (e.g., 3-in-1), Ready-to-drink (RTD) canned/bottled coffee, Ground coffee beans, Whole bean coffee, Coffee pods/capsules (Nespresso, Keurig), Liquid coffee concentrates, Instant coffee with added creamer or milk powder, Coffee creamers and whitener, Coffee syrups and flavorings, Coffee substitutes (chicory, barley), Tea and other hot beverage instants, and Cocoa and chocolate drink mixes.

Product-Specific Inclusions

  • Spray-dried instant coffee
  • Freeze-dried instant coffee
  • Agglomerated instant coffee
  • Decaffeinated instant coffee
  • Single-origin instant coffee
  • Single-serve sachets/sticks
  • Jars and tins of instant coffee powder/granules
  • Private label/store brands

Product-Specific Exclusions and Boundaries

  • Sweetened or flavored instant coffee mixes (e.g., 3-in-1)
  • Ready-to-drink (RTD) canned/bottled coffee
  • Ground coffee beans
  • Whole bean coffee
  • Coffee pods/capsules (Nespresso, Keurig)
  • Liquid coffee concentrates
  • Instant coffee with added creamer or milk powder

Adjacent Products Explicitly Excluded

  • Coffee creamers and whitener
  • Coffee syrups and flavorings
  • Coffee substitutes (chicory, barley)
  • Tea and other hot beverage instants
  • Cocoa and chocolate drink mixes

Geographic coverage

The report provides focused coverage of the Brazil market and positions Brazil within the wider global consumer-goods industry structure.

The geographic analysis explains local consumer demand conditions, brand and private-label balance, retail concentration, pricing tiers, import dependence, and the country’s strategic role in the wider category.

Geographic and Country-Role Logic

  • Origin Countries (Brazil, Vietnam, Colombia) – Raw material supply
  • Processing Hubs (EU, US, Brazil) – Manufacturing & export
  • High-Consumption Markets (Eastern Europe, Asia, UK) – Core demand
  • Premiumization Markets (North America, Western Europe, Japan) – Value growth

Who this report is for

This study is designed for strategic and commercial users across brand-led consumer categories, including:

  • general managers, brand leaders, and portfolio teams evaluating category attractiveness, pricing power, and whitespace;
  • category managers, trade-marketing teams, retail buyers, and e-commerce teams prioritizing assortment, promotion, and channel strategy;
  • insights, shopper-marketing, and innovation teams tracking need states, occasions, pack-price ladders, claims, and competitive messaging;
  • private-label and contract-manufacturing strategists assessing entry options, retailer leverage, and supply-side positioning;
  • distributors and route-to-market teams evaluating country and channel expansion priorities;
  • investors and strategy teams benchmarking competitive structure, premiumization, revenue quality, and margin logic.

Why this approach matters in consumer categories

In many brand-driven, channel-sensitive, and consumer-demand-led markets, official trade and production statistics are not sufficient on their own to describe the true market. Product boundaries may cut across multiple tariff codes, several product categories may be bundled into the same official classification, and a meaningful share of activity may take place through customized services, captive supply, platform relationships, or technically specialized channels that are not directly visible in standard statistical datasets.

For this reason, the report is designed as a modeled strategic market study. It uses official and public evidence wherever it is reliable and scope-compatible, but it does not force the market into a purely statistical framework when doing so would reduce analytical quality. Instead, it reconstructs the market through the logic of demand, supply, technology, country roles, and company behavior.

This makes the report particularly well suited to products that are innovation-intensive, technically differentiated, capacity-constrained, platform-dependent, or commercially structured around specialized buyer-supplier relationships rather than standardized commodity trade.

Typical outputs and analytical coverage

The report typically includes:

  • historical and forecast market size;
  • consumer-demand, shopper-mission, and need-state analysis;
  • category segmentation by format, benefit platform, channel, price tier, and pack architecture;
  • brand hierarchy, private-label pressure, and competitive-structure analysis;
  • route-to-market, retail, e-commerce, and availability logic;
  • pricing, promotion, trade-spend, and revenue-quality interpretation;
  • country role mapping for brand building, sourcing, and expansion;
  • major-brand and company archetypes;
  • strategic implications for brand owners, retailers, distributors, and investors.



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30 05, 2026

GBP/JPY Price Forecast: Pound retreats below 214.00 as Japanese data supports Yen

By |2026-05-30T11:41:59+03:00May 30, 2026|Forex News, News|0 Comments

The British Pound (GBP) is practically flat against the Japanese Yen (JPY) on Friday, trading a few pips below 214.00 at the time of writing, after bouncing from weekly lows near 213.35 on Thursday. The pair remains on track for its second consecutive weekly gain, although a string of positive Japanese data has provided some respite to a weak Japanese Yen. 

Tokyo Consumer Prices Index (CPI) data released earlier on Friday has shown easing inflationary pressures in May. Nevertheless, stronger-than-expected Industrial Production data, an unexpected decline in unemployment, and upbeat Retail Trade figures have revealed that the economy remains resilient, despite the energy shock, and feed hopes that the Bank of Japan (BoJ) will hike rates in June.

Later on the day, Bank of England (BoE) Governor Andrew Bailey is expected to speak at the Reykjavik Economic Conference. Bailey, however, is unlikely to say anything new on monetary policy. The BoE is expected to leave interest rates unchanged for some time.

Technical Analysis: In a bearish correction from 214.70 highs

GBP/JPY trades at 213.88, with momentum indicators dipping into bearish territory, and a lower high supporting the idea that the pair is on a bearish correction from last week’s bullish cycle. The 4-hour Relative Strength Index (RSI) has slipped back below the 50 line, and the Moving Average Convergence Divergence (MACD) remains slightly negative, which hints at fading upside momentum.

Bars, however, are likely to be challenged ahead of 213.30, where May 21 and 28 highs meet the 38.2% Fibonacci retracement of last week’s bull run. If that level gives way, the 61.8% Fibonacci retracement, at 212.65, is a common target for corrections and is coincident with the May 19 and 20 lows.

On the upside, the key 200-period SMA, at the 214.20 area, has capped bulls on Friday, and is closing the path towards the May 25 high, near 214.70 for now.

(The technical analysis of this story was written with the help of an AI tool.)

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the British Pound.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.07% 0.16% 0.02% 0.12% 0.06% -0.38% 0.00%
EUR -0.07% 0.08% -0.06% 0.05% -0.01% -0.43% -0.06%
GBP -0.16% -0.08% -0.15% -0.03% -0.09% -0.51% -0.14%
JPY -0.02% 0.06% 0.15% 0.11% 0.04% -0.41% -0.02%
CAD -0.12% -0.05% 0.03% -0.11% -0.07% -0.49% -0.12%
AUD -0.06% 0.01% 0.09% -0.04% 0.07% -0.42% -0.04%
NZD 0.38% 0.43% 0.51% 0.41% 0.49% 0.42% 0.37%
CHF -0.01% 0.06% 0.14% 0.02% 0.12% 0.04% -0.37%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

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30 05, 2026

Coffee prices today May 30: Domestic prices fall sharply, the world turns around and becomes “red”

By |2026-05-30T11:30:14+03:00May 30, 2026|Forex News, News|0 Comments


Domestic coffee prices today

The domestic coffee market this morning, May 30, 2026, experienced a sharp downward adjustment as pressure from the world market spread directly to purchasing agents.

In all key provinces, the price of raw coffee beans simultaneously lost 1,800 VND/kg compared to yesterday’s trading session.

Specifically, in Dak Nong province (old), the purchase price retreated to 87,400 VND/kg, continuing to be the locality with the highest price in the whole region.

In Dak Lak and Gia Lai provinces, coffee prices both decreased to 87,300 VND/kg.

Meanwhile, in Lam Dong, the purchase price also dropped to the threshold of 86,800 VND/kg.

Along with the decline of coffee, pepper prices today stood still at the level of 141,000 VND/kg, while the USD/VND exchange rate at Vietcombank recorded a slight decrease of 10 VND, falling to 26,085 VND/USD.

World coffee prices

On international futures exchanges, panic was overwhelming as coffee prices fell sharply from the short-term peak set the day before.

On the London exchange, the price of Robusta for July delivery (RMN26) decreased by 78 USD, equivalent to 2.19%, closing the session at 3,476 USD/ton.

Similarly, the New York Stock Exchange witnessed the price of Arabica for July delivery (KCN26) plummeting 8.65 cents, equivalent to 3.15%, closing at 265.60 cents/lb. The simultaneous decline on both exchanges reflects the aggressive profit-taking sentiment of speculators in the face of the latest weather signals in South America.

Coffee price assessment

The direct cause of this decline stems from the latest weather forecasts showing that dry conditions will soon return to Brazil’s key coffee growing areas next week. This information helps harvesting – which was interrupted by heavy rain last week – to be expected to return to normal soon, thereby relieving concerns about short-term supply shortages.

However, the long-term supply and demand picture is still uncertain as Arabica inventories on the ICE exchange continue to fall to the lowest level in the past 3.5 months, along with the prolonged drought in the Central Highlands still being a major barrier to production prospects.

Before the strong and unpredictable fluctuations from both weather factors and speculative capital flows, farmers in this period should be very calm. It is understandable that the market adjusted down after a hot uptrend.





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30 05, 2026

The EURJPY repeats the negative closes– Forecast today – 29-5-2026

By |2026-05-30T07:41:10+03:00May 30, 2026|Forex News, News|0 Comments

The GBPJPY pair provided some weak sideways waves by its stability near 214.00, affected by the continuation of the main indicators contradiction beside forming extra support at 213.30 level, obstructing the chances of resuming the previously suggested corrective trend.

 

The sideways range trading might continue currently, however the stability below 214.50 barrier makes us wait for gathering negative momentum, to repeat the pressure on 213.30 support, to find an exit for targeting more corrective stations by reaching 212.70 and 212.20, while breaching the barrier and holding above it will cancel the negative overview, providing strong chance for forming bullish waves in the upcoming period trading.

 

The expected trading range for today is between 212.75 and 214.20

 

Trend forecast: Bearish

 



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30 05, 2026

Silver Price Forecast: XAG/USD struggles for direction despite US-Iran deal hopes, softer US Dollar

By |2026-05-30T07:29:41+03:00May 30, 2026|Forex News, News|0 Comments


Silver (XAG/USD) trades flat on Friday, failing to capitalize on improving market sentiment surrounding a potential US-Iran peace deal, even as the US Dollar (USD) slides to a two-week low. At the time of writing, XAG/USD trades around $75.60 and is on track to end the week virtually unchanged.

US President Donald Trump said on Friday that the naval blockade on Iranian ports would be lifted. Traders are now awaiting final approval on a reported 60-day memorandum of understanding (MOU) that would extend the current ceasefire and reopen the Strait of Hormuz.

In reaction, the Greenback gave up earlier gains. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, trades around the 98.80 mark after hitting a seven-week high of 99.54 on Thursday.

However, uncertainty around the deal remains high. Iran’s Fars News Agency rejected Trump’s latest comments on a possible deal and said no final decision has been made yet. The report also said the proposed agreement is still in the final stages of ratification in Iran.

The subdued price action in Silver contrasts with Gold, which climbed more than 1.5% on Friday. Traders are avoiding aggressive bets while waiting for more clarity on whether a deal can be reached soon.

Technical Analysis:

On the daily chart, XAG/USD holds below the short-term trend marker as the near-term tone turns mildly bullish. The 50-day simple moving average (SMA) at $75.85 is acting as immediate resistance just overhead, while the 100-day SMA at $81.32 marks a higher cap that reinforces the idea of a market consolidating underneath its medium-term slope.

Momentum studies are soft with the Relative Strength Index (RSI) hovering near 47 and Moving Average Convergence Divergence (MACD) readings below the zero line, which together hint at limited bullish pressure.

On the topside, a daily close above the 50-day SMA at $75.84 would be the first signal that buyers are attempting to regain control, exposing the 100-day SMA at $81.32 as the next notable barrier.

On the downside, the broader bullish structure remains intact while price holds well above the 200-day SMA at $66.94, which offers a key layer of underlying support and a potential zone where medium-term dip buyers could emerge.

(The technical analysis of this story was written with the help of an AI tool.)

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.



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30 05, 2026

GBP/USD Forecast Today 29/05: Pound Rebounds as USD Weakens

By |2026-05-30T03:40:25+03:00May 30, 2026|Forex News, News|0 Comments

  • The British pound fell to kick off the trading session on Thursday as interest rates in America climbed, but we’ve seen a reversal in the interest rate markets and that of course has helped the British pound against the US dollar.

  • Ultimately the area below the 200-day EMA, I think, remains very well supported. At this point, if we break above the 50-day EMA, the market could go looking to the 1.3550 level.

  • All things being equal, this is a market that I think remains very noisy and choppy, and I think it also continues to see a lot of erratic behavior on short-term charts.

Ultimately, I think this is a market that is interesting to watch because the United Kingdom is one of the few places where you get a positive swap trading against the US dollar. Now, having said that, it’s not a huge differential and I don’t think it’s enough to really move the market by itself, but it is a little bit of an outlier in that sense.

Signs of US Dollar Weakness

The US dollar with higher rates of course has been like a wrecking ball with many other currencies. This one might be different. If we do rally from here, and I suspect we probably will eventually, the British pound will probably be the first place you see US dollar weakness.

If we break down from here, the 1.33 level has offered support right along with the 1.3250 level. Ultimately, I like the British pound, but I also recognize there’s a lot of headline risk out there from the Middle East, and concerns about the energy markets and supply chain remain an issue.

Ready to trade our daily GBP/USD Forex forecast? Here’s some of the best forex broker UK reviews to check out.

Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

As seen on: Pairs Of Aces Podcast,The Trader Guy, FXEmpire

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30 05, 2026

Coffee prices on May 29: Sharp increase

By |2026-05-30T03:28:42+03:00May 30, 2026|Forex News, News|0 Comments


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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