Category: Forex News, News

Coffee prices today, August 1st, increased slightly, highest at 97,000 VND/kg

Domestic coffee prices today

Coffee prices today in the domestic market increased slightly compared to the previous day. Coffee prices on August 1st averaged 96,800 VND/kg, up 200 VND/kg.

The highest price in key regions of the Central Highlands was recorded at 97,000 VND/kg. This is a higher price range than the session on July 30, but it has not yet regained the close of 99,000 VND/kg recorded last week.

With an increase of 200 VND/kg, domestic coffee prices are showing a slight recovery after a sharp decrease in the previous session. The increase range is not large, showing that the domestic market is still cautious even though world prices have recovered.

World coffee prices

In the world market, coffee prices increased in the most recent session. According to data from Barchart, the September 2026 Arabica contract closed the session up 9.05 US cents/lb, equivalent to 2.80%, to 332.10 US cents/lb.

Robusta also increased but the amplitude was much narrower. Robusta futures contract for September 2026 closed the session up 2 USD/ton, equivalent to 0.05%, to 3,782 USD/ton.

This development shows that the upward momentum of the world market is more concentrated in Arabica, while Robusta is almost flat. Therefore, the supporting effect on domestic coffee prices is not yet too strong.

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Coffee price assessment

Domestic coffee prices increased slightly in the context of the world market recovery. However, the increase of 200 VND/kg is not enough to create a breakthrough signal, especially when Robusta London only increased very slightly in the most recent session.

Arabica increased sharply in the last session of July as short-term supply tightened, Arabica stocks certified on ICE continuously decreased for 4.5 months and fell to a 2.5-year low. This is a factor that supports the Arabica group more clearly than Robusta.

For the Vietnamese market, Robusta is still a variable that needs to be closely monitored due to its direct impact on domestic purchasing prices. If Robusta only narrowly fluctuates around the 3,700-3,800 USD/ton range, domestic prices may continue to increase slowly or move sideways instead of rebounding strongly.

Regarding the weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 1st, the Central Highlands area will be sunny during the day, with showers and thunderstorms in some places in the late afternoon and night; the lowest temperature is 20-23 degrees C, in some places below 20 degrees C, the highest is 28-31 degrees C.

Rainstorms in this season need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.




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

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