Category: Forex News, News

Coffee price on February 12th: Causes of deep price slippage week

Domestic coffee prices

The domestic coffee market entered Sunday (April 12) with a low closing price compared to the beginning of the week of 3,500 VND/kg. In the first trading session of the week, the price remained quite high and stable at 89,200 VND/kg. On April 8, it fell sharply to 85,200 VND/kg, which is also the lowest level of the week. After that, the price recovered slightly but fluctuated narrowly around 85,500-85,900 VND/kg. At the end of the week, it went sideways, showing that the market temporarily stabilized after the shocking decline at the beginning of the week.

Detailed purchase prices in key localities:

Dak Nong (old): Recorded price of 85,800 VND/kg.

Dak Lak and Gia Lai: Both maintain a trading level of 85,700 VND/kg.

Lam Dong: Anchored at the lowest level in the region at 85. 200 VND/kg.

Compared to the peak of 96,600 VND/kg set on March 7, the current coffee price has evaporated by about 10,900 VND/kg.

Coffee price trend in the week from April to December. 4. Chart: Ha Linh

World coffee prices

On the London exchange, the price of online Robusta coffee for May 2026 futures contracts closed last week at 3.324 USD/ton, down 3.6% (124 USD/ton) compared to the previous week. July 2026 futures contracts fell 3.2% (107 USD/ton, down to 3.239 USD/ton.

Conversely, on the New York Stock Exchange, Arabica coffee futures for May 2026 delivery increased by 1.6% (US cents/pound) last week, reaching 300.1 US cents/pound. July 2026 contracts increased by 2.2% (6.5 US cents/pound), reaching 295.9 US cents/pound.

Market outlook

Arabica coffee prices are supported by the Brazilian Real rising to its highest level in two years against the USD, thereby reducing export selling pressure from coffee producers in this country.

Meanwhile, Robusta coffee prices are under downward pressure due to strong increases in Vietnam’s exports, and supply is supplemented from new harvests in Brazil and Indonesia.

According to Reuters, traders said that coffee prices in Vietnam continued to fall this week due to sluggish trading and weak demand, while Indonesian farmers expect lower yields from the upcoming harvest.

Both buyers and sellers are waiting for clearer signals. At the same time, the intense hot weather in coffee growing areas, along with rising fuel prices due to the war in the Middle East, has pushed up diesel prices used to operate irrigation pumps.

Real prices in localities may vary depending on quality and purchasing area.




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Written by : Editorial team of BIPNs

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