Markets

Today’s Coffee Prices (Oct 5): Domestic Prices Dip, China Favors Raw Coffee Imports

Today's domestic coffee prices are trading below global rates as the market anticipates an abundant supply with the upcoming harvest season.

Administrator

6 October, 2025

Today, October 5th, domestic coffee prices hover around 116,900 VND/kg, marking a 1,600 VND/kg increase from the previous session.

Robusta Surges 7.8% Globally, 1.2% Domestically

Compared to last week, today’s coffee prices have risen by 1,400 VND/kg, a 1.2% increase. Meanwhile, Robusta prices on the London exchange have climbed by 326 USD/ton to 4,527 USD/ton, a nearly 7.8% surge over the same period.

Converted to VND, the November 2025 Robusta futures contract on the London exchange stands at 118,500 VND/kg, 1,600 VND/kg higher than domestic prices.

Domestic coffee prices rose by only 1.2% last week.

Global coffee prices surged by 7.8% last week.

This indicates buyer hesitation, with predictions of impending price drops as the harvest season begins.

Typically, small-scale farmers (the majority) must sell 30-50% of their freshly harvested coffee to cover investment costs.

Only larger farms can afford to store coffee until after Tet, when prices peak due to Vietnam’s dominant global supply position.

Challenges in the Chinese Market

Trịnh Đức Minh, Chairman of the Buôn Ma Thuột Coffee Association (Đắk Lắk), reported that the recent coffee trade promotion in China was highly successful, with Vietnamese coffee booths attracting large crowds.

Vietnam is entering a new harvest season.

Vietnamese specialty coffee, in particular, garnered significant attention. Participating businesses also secured numerous contracts with Chinese importers.

“China is an emerging market for the coffee industry, with vast potential. Vietnam’s proximity and favorable border import policies provide a significant advantage,” noted Mr. Minh.

However, Mr. Minh highlighted a key challenge: Chinese customers prefer purchasing raw coffee beans for processing and distribution rather than importing Vietnam’s finished coffee products (roasted or instant), contrary to Vietnamese businesses’ preferences.

“This isn’t unique to China; traditional markets like Europe and the U.S. also favor raw materials as it benefits importers. We must gradually persuade customers and enhance the value of Vietnamese coffee,” Mr. Minh stated.