Today’s Coffee Prices (Nov 22): Sharp Decline as U.S. Lifts Tariffs on Brazilian Coffee

Coffee prices plunged today, with markets awash in red following the US announcement of a complete tariff elimination on Brazilian coffee imports.

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As of the closing session last night and early this morning on November 22 (Vietnam time), coffee prices on the London market saw Robusta futures drop by 2.69% to 2.85%, while Arabica futures on the New York market fell by 1.59% to 2.01%.

A Fiery Trading Session

For the benchmark contracts, January 2026 Robusta futures declined by $125 per ton to $4,506 per ton, and December 2025 Arabica futures dropped by $140 per ton to $8,820 per ton.

These closing figures were relatively mild compared to the intraday lows, where Robusta prices plummeted by up to $371 per ton and Arabica by $550 per ton amid a wave of aggressive selling by investors.

Today’s domestic coffee prices are expected to see a sharp decline from the previous average of 114,500 VND/kg, influenced by the London market’s performance.

The highest coffee price was recorded in Dak Lak at 114,700 VND/kg, while the lowest was in Lam Dong at 113,500 VND/kg. This is unsettling news for coffee farmers already grappling with natural disasters, including flooding and landslides, which have led to crop losses.

Recent volatility in coffee prices

U.S. Lifts Tariffs on Brazilian Coffee

The coffee market experienced a significant sell-off following the U.S. decision to eliminate all tariffs on various Brazilian agricultural products, including coffee.

Signed on November 20 (U.S. time) but retroactively effective from November 13, this ruling means that previously taxed shipments will receive refunds from the U.S. government.

This move is expected to boost Brazilian coffee exports to the U.S., potentially cooling down coffee prices significantly. Brazil, the world’s largest coffee exporter and the primary supplier to the U.S., has faced reduced exports due to tariff pressures, leading to substantial stockpiles awaiting sale.

Experts suggest that these large inventories could soon enter the market, further impacting global coffee prices.

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