Domestic coffee prices today

Coffee prices today in the domestic market remain stable compared to the previous session. According to the updated table on July 27, the purchase price in the Central Highlands ranges from 95,300-96,000 VND/kg.

In Dak Lak, coffee prices are recorded at 95,800 VND/kg. Gia Lai also has a purchase price of 95,800 VND/kg.

In Lam Dong, coffee prices are at 95,300 VND/kg, the lowest among the surveyed areas.

The old Dak Nong area, now belonging to Lam Dong province, continues to have the highest price, reaching 96,000 VND/kg.

Domestic coffee prices are currently flat after the previous recovery session. Compared to the end of last week, the price level is still about 1,900 VND/kg lower, showing that the market has not escaped the short-term correction.

World coffee prices

In the world market, data recorded on July 27th showed no new fluctuations in the main terms.

On the London exchange, the September 2026 Robusta futures contract remained at $3,757/ton. The November 2026 term remained at $3,738/ton.

On the New York floor, the Arabica contract for September 2026 is at 313.80 US cents/lb. The December 2026 term is kept at 298.05 US cents/lb.

Compared to the most recent session, some price tables recorded Robusta July futures decreasing, while longer-term futures recovered; Arabica slightly increased in the main terms.

Coffee price assessment

Domestic coffee prices went sideways around the 96,000 VND/kg range after the recovery session, but were still significantly lower than the approaching 99,000 VND/kg range previously recorded.

From a global market perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to May 2026. This shows that world coffee prices are still under adjustment pressure after a period of strong increase.

With Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. The prospect of increased supply continues to be a factor that can curb the upward momentum in the medium term.

Regarding the weather, the Central Highlands is in the rainy season. The National Center for Hydro-Meteorological Forecasting forecasts that the Central Highlands region will have showers and thunderstorms in some places; especially in the afternoon and night, there will be rain, moderate rain and scattered thunderstorms, locally heavy rain, concentrated in the South.

In the coming sessions, developments on the London exchange, New York exchange, USD/VND exchange rate, inventory and demand for export purchases will continue to dominate the market.

From a fundamental perspective, the core factor influencing gold price trends recently has been the US-Iran situation. Previously, the escalating conflict between the US and Iran over the Strait of Hormuz and Gulf shipping security pushed Brent crude prices above $100 at one point. The market worried that rising energy prices would drive US inflation back up and force the Federal Reserve to maintain high interest rates for longer, or even keep the possibility of further rate hikes on the table, putting downward pressure on gold.

However, the US-Iran situation showed clear signs of cooling over the weekend. According to reports, Iran stated that as long as the US stops its attacks, Iran will also suspend its own attacks; meanwhile, the US has also suspended its bombing campaign against Iran. The latest reactions from both sides have temporarily pushed the US-Iran conflict into a de-escalation phase, easing market concerns over supply disruption risks in the Strait of Hormuz. Consequently, oil prices fell sharply, with Brent crude ( UKOIL) falling over 13% at one point today, and WTI crude ( USOIL) falling over 7%. The drop in oil prices is indirectly positive for gold, as falling energy prices help ease inflation expectations and weaken market bets on aggressive Fed rate hikes.

Brent crude price trend, Source: TradingView

It is worth noting that the risks of the US-Iran situation have not been truly resolved. Although both sides have suspended fire, this is currently a temporary de-escalation rather than a lasting peace agreement. The core conflicts between the US and Iran over transit rights in the Strait of Hormuz, Iran’s military capabilities, and its regional influence remain unresolved. Meanwhile, Yemen’s Houthi rebels continue to attack energy facilities along Saudi Arabia’s Red Sea coast, indicating that Middle East energy transit risks have not fully subsided. Should vessels in the Gulf or Red Sea routes be attacked again, or if port blockades or military retaliation occur in the future, oil prices could rebound, and gold could once again fall under pressure.

In addition, the Federal Reserve’s July interest rate meeting is coming up this week. The Fed will hold its interest rate policy meeting from July 28 to 29, and the market widely expects a high probability of rates being held steady, though uncertainty remains over whether it will hike rates in September. If Federal Reserve Chairman Kevin Warsh emphasizes falling oil prices and easing inflationary pressures in his post-meeting speech, gold may continue to benefit; however, if he continues to emphasize that inflation remains above target and the Fed should not rush to cut rates for the time being, the upside for gold prices will remain capped.

Gold price daily chart, Source: TradingView

Looking at gold’s daily chart, today’s gold price opened nearly $40 higher, supported by positive news of easing US-Iran tensions, indicating that market bullish sentiment has been boosted by the news, which may support a continued short-term rise in gold prices. Meanwhile, the moving average system shows that the gold price trend was previously suppressed by the 20-day moving average, but the recent trend has successfully broken through the resistance of the 20-day moving average, demonstrating that the market’s bullish momentum has been further strengthened.

Gold price 4-hour chart, Source: TradingView

Looking at gold’s 4-hour chart, gold’s candlestick structure has formed an inverse head and shoulders pattern, which means that gold’s bullish momentum has been significantly enhanced, and the gold price will continue to rise in the short term. The primary upside target will be to break above the $4,200 resistance level, with the next hurdle at the $4,300 mark. If the gold price can break through $4,300, it will further test the key resistance level at $4,380.

On the downside, the primary support level for gold to watch is around $4,084. If this level is breached, the gold price may move downward to fill today’s gap, potentially falling back to around $4,050. If it continues to fall, it may further test the support level near $4,020.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

Natural gas price remains surrounded by strong factors that are represented by stability below the resistance of $3.350 besides forming extra barrier at $3.200 level, to confirm its surrender to the previously suggested bearish scenario.

The fluctuation near $2.880 level is caused by the attempt of gathering the required negative momentum to confirm breaking the barrier at $2.820, to ease the mission of resuming the bearish trend by reaching $2.620, where breaking it will confirm its move to a new negative station, to expect forming extra target at $2.620 support.

The expected trading range for today is between $2.620 and $3.100

Trend forecast: Bearish

Copper price is affected by some negative factors, starting by the stability below $6.5100 barrier, besides the continuation of providing negative momentum by stochastic, forcing it to delay the bullish attempts and providing negative fluctuation by holding near $62700.

The continuation of the negative pressure might push the price to retest the initial support at $6.1000, where breaking it will confirm the dominance of the bearish corrective bias in the upcoming trading, to expect forming initial corrective target at $5.9200 level, while breaching the barrier and holding above it will reinforce the chances of recording new gains by its rally towards $6.5900 initially. 

The expected trading range for today is between $6.1000 and $6.4100

Trend forecast: Bearish