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Domestic coffee prices today
Coffee prices today in the domestic market continue to be maintained in the high zone after the previous strong increase. The average price is recorded at 98,300 VND/kg.
In Dak Lak, coffee prices were recorded at 98,200 VND/kg. In Gia Lai, coffee prices reached 98,300 VND/kg.
In Lam Dong, coffee prices today are at 97,900 VND/kg. This is the lowest level among the surveyed areas.
The old Dak Nong area recorded the highest purchase price, reaching 98,400 VND/kg.
Thus, domestic coffee prices currently fluctuate from 97,900-98,400 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.
The domestic coffee price level is currently still close to the 100,000 VND/kg mark, significantly higher than the price range recorded at the beginning of July.
The USD/VND exchange rate according to Vietcombank is recorded at 26,074 VND/USD.
World coffee prices
World coffee prices remain at high levels after a strong increase in the previous session. Both Robusta on the London exchange and Arabica on the New York exchange are maintaining high prices compared to the beginning of the month.
On the London exchange, the September 2026 Robusta futures contract stood at 4,043 USD/ton. This is a high price after this contract increased by more than 300 USD/ton in the previous session.
Robusta for November 2026 delivery reached 4,002 USD/ton. The January and March 2027 delivery terms were at 3,967 USD/ton and 3,933 USD/ton respectively.
The July 2026 Robusta contract reached 4,063 USD/ton. However, this term has low trading volume because it is close to maturity, so the September contract reflects the market trend more clearly.
On the New York exchange, Arabica September 2026 futures stood at 347.90 US cents/lb. This is also the high price range after the strong market increase.
Arabica futures in December 2026 reached 328.20 US cents/lb. The March and May 2027 terms are at 321.00 US cents/lb and 318.30 US cents/lb, respectively.
Arabica contract in July 2026 reached 356.95 US cents/lb, but this term also had lower trading volume than long-term contracts because it was near maturity.
Coffee price assessment
Domestic coffee prices continue to remain high after the previous strong increase. This development is accompanied by the fact that Robusta and Arabica prices in the world market are still anchored at high levels.
In the short term, the coffee market is fluctuating strongly due to the intertwined impact between profit-taking activities, buying force returning after deep declines and cautious psychology in the face of weather risks in large production areas.
The fact that Arabica and Robusta prices are still standing at a high level shows that the market has not yet emerged from a sensitive state after strong fluctuations. With the domestic market, the world price maintaining at a high level continues to affect buying and selling sentiment, especially when the buying level has approached the 100,000 VND/kg mark.
However, too strong uptrends often come with technical correction risks. After coffee prices increase rapidly, profit-taking activities may appear in the market, causing prices to fluctuate sharply in the following sessions.
From a global supply-demand perspective, a report by the International Coffee Organization (ICO) shows that the coffee market has been affected by expectations of improved supply in recent times. This is a factor that may limit the upward momentum of coffee prices in the medium term.
For Brazil, the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) said that the Brazilian National Supply Company (CONAB) forecasts Brazil’s coffee production in the 2026-2027 crop year to reach 66.7 million bags, an increase of 18% compared to 2025.
Brazil is the world’s largest Arabica producer. Therefore, the prospect of a large crop in this country is still an important factor that could put pressure on Arabica prices, although the short-term market is still sensitive to weather risks and harvest progress.
Rabobank of the Netherlands also assessed that the expectation of a large coffee crop in Brazil may put pressure on global prices, in the context of generally favorable weather conditions for crop development.
For Robusta, the USDA/FAS report forecasts that Vietnam’s coffee production in the 2026-2027 crop year will increase to 32.5 million bags converted to green beans, thanks to production expansion after a period of high coffee prices.
However, in the short term, prices may still fluctuate strongly due to export demand, inventory and developments on international exchanges.
At 6:15 a.m. Eastern Time today, oil was priced at $76.80 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a drop of $2.45 compared with yesterday morning and around $7.17 higher than the price one year ago.
It’s impossible to forecast oil prices with detailed precision. Many different elements affect the market, but ultimately it boils down to supply and demand. When worries about economic recession, war, and other large-scale disruptions increase, oil’s path can shift fast.
Gas prices at the pump don’t only track crude oil. They also include what it takes to refine and move that fuel, the taxes layered on top, and the extra markup your local station adds to stay in business.
Since crude oil generally makes up a majority of the per-gallon cost, changes in its price have an outsized impact. When oil surges, gas prices typically rise in tandem. But when oil retreats, gas prices often lag on the way down, a trend sometimes described as “rockets and feathers.”
In case of emergency, the U.S. has a store of crude oil known as the Strategic Petroleum Reserve. Its primary purpose is energy security in case of disaster (think sanctions, severe storm damage, even war). But it can also go a long way toward softening crippling price hikes during supply shocks.
It’s not a long-term answer and is more meant to provide temporary relief, assisting consumers and keeping critical parts of the economy running, like key industries, emergency services, public transportation, etc.
Both oil and natural gas are key sources of the energy we use every day. Because of this, a big change in oil prices can affect natural gas. For example, if oil prices increase, some industries may swap natural gas for some segments of their operations where possible, which increases demand for natural gas.
To gauge oil’s performance, we often turn to two benchmarks:
Between these two, Brent better represents global oil performance because it prices much of the world’s traded crude. And, it’s often the best way to track historical oil performance. In fact, even the U.S. Energy Information Administration now uses Brent as its primary reference in its Annual Energy Outlook.
Looking at the Brent benchmark across several decades, oil has been anything but steady. It’s seen spikes due to factors such as wars and supply cuts, and it’s also seen crashes from global recessions and an oversupply (called a “glut”). For example:
All to say, oil’s historical performance has been anything but smooth. Again, it’s hugely affected by wars, recessions, OPEC whims, evolving energy initiatives and policies, and much more.
Looking to stay up-to-date regarding the latest energy developments? Check out our recent coverage:
The current price of oil per barrel depends largely on supply and demand, including news about potential future supply and demand (geopolitics, decisions made by OPEC+, etc.). In the U.S., prices also move based on how friendly an administration is to drilling, as it can affect future supply. For example, 2025 saw the Trump administration move to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing the Biden administration’s policy of limiting oil drilling in the Arctic.
The price of oil updates constantly when the “futures” markets are open. A futures market is effectively an auction where people agree to buy or sell oil in the future. As long as people and companies are trading contracts, the oil price is changing.
In short, shale is rock that contains oil and natural gas. Think of shale as energy yet to be tapped. The more shale the U.S. accesses, the more energy we’ll have—and the more easily oil prices can keep from spiking as much thanks to a greater supply.
When oil is expensive, it tends to make everyday items cost more. This can be related to energy (your heating, gas utilities, etc.), but it’s also due to the logistics involved with making those items accessible to you. Shipping, for example, can affect the price of things at the grocery store, as it’s more expensive to get those products from warehouses and farms onto the shelf.
The article covers the following subjects:
Consider long positions from corrections above 67.00 with a target of 91.80–105.17.
Breakout and consolidation below 67.00 will allow the asset to continue declining to the levels of 62.00–58.50.
A descending correction appears to have formed as the second wave of larger degree (2) on the weekly chart, with wave C of (2) completed as its part. On the daily time frame, an ascending third wave (3) is likely developing. Within it, the first wave of smaller degree 1 of (3) has formed, and a downward correction has been completed as the second wave 2 of (3). Wave 3 of (3) has presumably started developing on the H4 time frame, with wave (i) of i of 3 forming as its part. If the presumption is correct, WTI will continue to rise to 91.80–105.17. The level of 67.00 is critical in this scenario as a breakout below it will enable the asset to continue declining to the levels of 62.00–58.50.
This forecast is based on the Elliott Wave Theory. When developing trading strategies, it is essential to consider fundamental factors, as the market situation can change at any time.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
The EURJPY pair repeated providing negative closes below the barrier at 185.85, forcing it to delay the bullish trend, to activate the bearish corrective trend by reaching 184.75.
Suffering new negative pressure makes us resume the corrective attempts, attempting to reach 184.55, to press on the support at 184.20 to find an exit to resume the negative trading, while breaching the barrier will confirm its readiness to record new gains by its rally towards 186.20 and 186.60.
The expected trading range for today is between 184.20 and 185.60
Trend forecast: Bearish
Copper price failed to break $2.9500 level, affected by the stability of the moving average 55 near it, forcing it to delay the corrective decline and forming some bullish waves, to settle near $6.2000.
The current bullish rally doesn’t affect the bearish corrective trend due to the stability below $6.3000 barrier, which makes us wait for gathering the negative momentum again, which allows it to renew the pressure on the barrier at $5.9500 to find an exit for targeting new bearish stations that begin at $5.8100, while breaching the barrier and holding above it will open the way for recording extra gains that might begin at $6.4600.
The expected trading range for today is between $5.9500 and $6.3000
Trend forecast: Bearish
Domestic coffee prices today
Coffee prices today in the domestic market simultaneously increased very strongly in key production areas. The average price was recorded at 98,300 VND/kg, an increase of 6,000 VND/kg compared to the previous update.
In Dak Lak, coffee prices increased by 6,000 VND/kg, to 98,200 VND/kg. In Gia Lai, coffee prices reached 98,300 VND/kg, also increasing by 6,000 VND/kg.
In Lam Dong, coffee prices today increased by 6,100 VND/kg, to 97,900 VND/kg. This is still the lowest level among the surveyed areas.
The old Dak Nong area recorded the highest purchase price, reaching 98,400 VND/kg, an increase of 6,100 VND/kg compared to the previous update.
Thus, domestic coffee prices currently fluctuate from 97. 900-98. 400 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.
After a strong increase session, the domestic coffee price level has approached the threshold of 100,000 VND/kg. This is a notable increase after two previous deep decline sessions.
The USD/VND exchange rate according to Vietcombank is recorded at 26,074 VND/USD.
World coffee prices
World coffee prices simultaneously increased sharply in the most recent trading session. Both Robusta on the London exchange and Arabica on the New York exchange recorded large increases.
On the London exchange, the September 2026 Robusta futures contract increased by 302 USD/ton, equivalent to 8.07%, to 4,043 USD/ton.
During the session, this contract at one point increased to 4,066 USD/ton. Trading volume reached 14,265 lots.
Robusta for November 2026 delivery increased by 290 USD/ton, equivalent to 7.81%, to 4,002 USD/ton.
The January and March 2027 terms increased by 285 USD/ton and 282 USD/ton respectively, to 3,967 USD/ton and 3,933 USD/ton.
The July 2026 Robusta contract reached 4,603 USD/ton, up 171 USD/ton. However, this term has low trading volume because it is close to maturity, so the September contract reflects the market trend more clearly.
On the New York exchange, Arabica increased very strongly. September 2026 Arabica futures contract increased by 38.10 US cents/lb, equivalent to 12.30%, to 347.90 US cents/lb.
During the session, this contract at one point increased to 348.55 US cents/lb. Trading volume reached 34,370 lots.
Arabica December 2026 futures increased by 30.95 US cents/lb, equivalent to 10.41%, to 328.20 US cents/lb.
The March and May 2027 terms increased by 28.80 US cents/lb and 27.85 US cents/lb respectively, to 321.00 US cents/lb and 318.30 US cents/lb.
The July 2026 Arabica contract increased by 32.70 US cents/lb, to 356.95 US cents/lb. However, this term has lower volume than long-term contracts because it is close to maturity.
Coffee price assessment
Domestic coffee prices surged sharply after two consecutive deep declines. This development is accompanied by a very strong recovery of Robusta and Arabica prices in the world market.
In the short term, the coffee market is fluctuating strongly due to the intertwined impact between profit-taking activities, buying force returning after deep declines and cautious psychology in the face of weather risks in large production areas.
The fact that Arabica prices increased by more than 12% and Robusta increased by more than 8% shows that buying power has returned quite strongly on the two exchanges. With the domestic market, the upward momentum of world prices often quickly affects buying and selling sentiment, especially when the price level has fluctuated strongly in recent sessions.
However, it should be noted that too strong uptrends often come with technical correction risks. After coffee prices increase rapidly, profit-taking activities may appear in the market, causing prices to continue to fluctuate strongly in the following sessions.
From a global supply-demand perspective, a report by the International Coffee Organization (ICO) shows that the market previously reacted to the prospect of improved supply. This is a factor that may limit the upward momentum of coffee prices in the medium term.
For Brazil, the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) said that the Brazilian National Supply Company (CONAB) forecasts Brazil’s coffee production in the 2026-2027 crop year to reach 66.7 million bags, an increase of 18% compared to 2025.
Brazil is the world’s largest Arabica producer. Therefore, the prospect of a large crop in this country is still an important factor that could put pressure on Arabica prices, although the short-term market is still sensitive to weather risks and harvest progress.
Rabobank of the Netherlands also assessed that the expectation of a large coffee crop in Brazil may put pressure on global prices, in the context of generally favorable weather conditions for crop development.
With Robusta, supply from our country continues to be a noteworthy factor. The USDA/FAS report in Vietnam forecasts that Vietnam’s coffee production in the 2026-2027 crop year will increase to 32.5 million bags converted to green beans, thanks to production expansion after a period of high coffee prices.
Our country is the world’s largest Robusta producer, so the prospect of increased production may put pressure on Robusta in the medium term. However, in the short term, prices may still fluctuate sharply due to export demand, inventory and developments on international exchanges.
TradingKey – As of the Asian session on July 9, after WTI ( USOIL) crude oil prices rebounded sharply for two consecutive trading days, oil prices hovered and adjusted around $73.30 today. From the technical chart, due to the recent deterioration of the US-Iran situation and the resumption of fire between the two sides, oil prices were driven to rebound significantly for two consecutive trading days, with a cumulative rebound of nearly 11%. However, yesterday oil prices failed to stand firmly above the resistance level of $75, causing oil prices to enter an adjustment phase today.
From a fundamental perspective, the core factor dominating recent oil price trends remains the situation between the US and Iran.
The latest news indicates that the US has launched a new round of military strikes against Iran, targeting missiles, drones, radar, and naval-related facilities. This has significantly cooled market expectations for a ceasefire and negotiations between the US and Iran, while reigniting investor concerns over supply disruptions in the Middle East.
Trump’s latest remarks have further amplified bullish sentiment in the market. He stated that the ceasefire between the US and Iran has ended and remarked that dealing with Iran is a waste of time. This stance implies that the US government’s attitude toward Iran has shifted back to a hawkish stance, leaving the market concerned that it will be difficult for both sides to return to a stable negotiation framework in the short term.
Iran has also taken retaliatory action. According to reports, Iran launched attacks on US military bases in the Gulf region, targeting US facilities in places like Bahrain and Kuwait. This means the conflict is no longer confined to the Iranian mainland and single military targets, but has begun to spill over into the broader Gulf region. As the Gulf region concentrates major global crude oil export routes, any spread of military risk will directly impact tanker shipping, insurance costs, and export stability.
In the short term, as long as the US-Iran conflict does not de-escalate, WTI is likely to maintain high-level volatility and may even continue to challenge higher resistance levels. However, if both sides send signals of resuming negotiations, or if navigation through the Strait of Hormuz recovers faster than expected, the risk premium in oil prices could rapidly recede.
WTI crude oil daily chart, Source: TradingView
Looking at the daily chart of WTI crude oil, the oil price has successfully established a foothold above the $70 threshold during its strong rebound over the past two trading days. Previously, the oil price had been consistently suppressed below $70, and the overall market sentiment was weak. As the oil price broke through the two resistance levels of $70 and $73, long sentiment in the market was significantly amplified.
However, it is worth noting that although the oil price briefly broke through the $75 resistance level yesterday, reaching a high of $76.08, yesterday’s closing price remained below the $75 resistance level. The oil price exhibited a false breakout pattern, which in turn put downward pressure on the oil price today.
As things stand, the oil price faces a resistance level at $75 above. If it can break through and hold above this level, the upside space for the oil price will open up, with the next target testing the $80 mark. On the downside, it faces a support level at $73; if the oil price falls below this level, it may decline further toward the $70 mark.
This content was translated using AI and reviewed for clarity. It is for informational purposes only.
Platinum price formed some bearish waves, to settle below $1605.00 level, attempting to settle again within the minor bearish channel’s levels, to confirm the continuation of the previously suggested bearish scenario, recording initial negative target at $1570.00.
Providing negative momentum by the main indicators will increase the chances of attacking $1530.00 barrier, and surpassing it will open the way for reaching extra stations that are represented by $1510.00 reaching $1445.00
The expected trading range for today is between $1510.00 and $1630.00
Trend forecast: Bearish