Today’s Coffee Prices (September 29): Where Will the New Week Take Us?

How will coffee prices fare today as Vietnam officially enters the 2025-2026 crop year this week?

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Today, September 29th, major coffee trading floors worldwide, such as London and New York, will open in the afternoon (Vietnam time).

Current Coffee Prices Are Lower Than Last Year

In the previous trading session last week, November 2025 Robusta coffee futures closed at $4,201 per ton, while December 2025 Arabica coffee futures stood at $8,352 per ton. Domestic coffee prices today will start at 115,500 VND/kg.

Compared to the same period last year, also before the harvest season, domestic coffee prices are currently lower by approximately 6,000–7,000 VND/kg.

Last week, coffee prices experienced significant volatility, with continuous fluctuations and unclear trends, leaving traders perplexed.

Recent frequent rainfall in the Central Highlands has impacted both the harvesting progress and the expected yield of the upcoming coffee crop.

Wood-fired roasted coffee, a specialty of the Central Highlands

Key Factors Influencing Next Season’s Coffee Prices

In the 2025–2026 crop year, global coffee prices are heavily influenced by factors such as the retaliatory tariffs imposed by the U.S. on coffee imports from countries like Brazil (50%), Vietnam (20%), and Indonesia (19%).

These tariffs are driving up coffee prices in the U.S., prompting businesses and lawmakers to advocate for reducing coffee tariffs to 0%, as the U.S. imports 90% of its coffee for processing and consumption.

A second factor is the European Union’s Deforestation Regulation (EUDR), effective from December 31, 2025, which continues to impact the coffee supply chain, as many coffee shipments may face rejection by the EU.

Regarding supply and demand, forecasts vary, but the market is generally balanced, suggesting prices are likely to remain high.

Domestically, businesses are concerned that delays or suspensions in VAT refunds could leave them short of capital to purchase coffee from farmers during peak harvest season, valued at approximately $2.5 billion, or one-third of the total crop value based on last season’s prices.

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