Category: Forex News, News
Coffee prices today, July 1: Rebounding
Domestic coffee prices today
Coffee prices today in key production areas simultaneously increased after a decrease of 700 VND/kg. The average price was recorded at 90,400 VND/kg, an increase of 1,200 VND/kg compared to the previous update.
In Dak Lak, coffee prices increased by 1,200 VND/kg, reaching 90,400 VND/kg. Gia Lai also recorded a similar increase, bringing the purchase price above the threshold of 90,000 VND/kg.
In Lam Dong, coffee prices today increased by 1,200 VND/kg, listed at the threshold of 90,000 VND/kg and continue to be the lowest level among the surveyed areas.
The old Dak Nong area had the highest purchase price, reaching 90,500 VND/kg.
Thus, domestic coffee prices currently range from 90,000-90,500 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.
World coffee prices
World coffee prices fluctuated in the same direction in the most recent trading session.
On the London exchange, the September 2026 Robusta futures contract increased by 94 USD/ton, equivalent to 2.64%, to the threshold of 3,658 USD/ton.
Robusta futures in November 2026 increased by 102 USD/ton, equivalent to 2.91%, reaching 3,612 USD/ton. The January 2027 term increased by 111 USD/ton, listed at 3,664 USD/ton.
Robusta futures for March 2027 increased to a maximum of 120 USD/ton, equivalent to 3.5%, reaching 3,549 USD/ton.
The July 2026 contract was recorded at 3,845 USD/ton, an increase of 84 USD/ton. However, the trading volume of this term is only 2 lots because the contract has approached maturity, so it does not fully reflect the general diễn biến of the market.
On the New York exchange, Arabica futures in September 2026 increased by 18.65 US cents/lb, equivalent to 6.71%, to 296.45 US cents/lb.
Arabica futures in December 2026 increased by 18.70 US cents/lb, reaching 282.1 US cents/lb. March 2027 futures increased by 18.9 US cents/lb, to 277.6 US cents/lb.
May 2027 futures increased by 19.4 US cents/lb, equivalent to 7.49%, reaching 278.30 US cents/lb.
Coffee preview
Coffee prices rose sharply to their highest level in 4.5 months, as heavy rains in Brazil slowed down harvest progress and raised concerns about crop quality.
In the past two weeks, coffee prices have continuously increased due to heavy rain hindering harvesting activities in the fields, and at the same time posing a risk of affecting the quality of coffee beans.
In addition, coffee inventory on the ICE exchange continuously decreased in the last 3 months, also supporting prices.
The market is also supported by concerns that El Nino may negatively affect the Brazilian coffee crop for the 2026-2027 crop year.
According to Commercial trading firm, El Nino may cause late rain in Brazil in September – October, when coffee trees enter the flowering stage. This may reduce crop yields in 2026 – 2027.
The US National Oceanic and Atmospheric Administration (NOAA) estimates there is a 67% chance of a “Super El Nino” outbreak, possibly the strongest ever recorded.
On June 10, the Japan Meteorological Agency also confirmed that El Nino has formed in the equatorial Pacific region. This increases the risk of floods, droughts and temperature fluctuations in the coming months, affecting coffee production in Asia and South America.
Although prices are increasing sharply, the market is still under pressure from the prospect of large supply.
On June 9, Arabica prices fell to a 19-month low, while Robusta fell to a 2-month low, as the market expected Brazil to have a bumper crop.
The robusta supply from Vietnam – the world’s largest robusta producer – continues to put downward pressure on prices.
According to the General Statistics Office, Vietnam’s coffee exports in the first 5 months of 2026 reached 922,000 tons, an increase of 7.9% compared to the same period last year. In the whole year of 2025, Vietnam’s coffee exports increased by 17.5%, to 1.58 million tons.
Vietnam’s coffee production in the 2025-2026 crop year is also forecast to increase by 6%, reaching 1.76 million tons (equivalent to 29.4 million bags), the highest level in 4 years.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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