Today’s Coffee Prices (12/10): Harvest Decline Predicted, Exports Forecast at $9 Billion

Coffee prices dipped today under harvest pressure, yet forecasts for consumption in the final months of the year remain strongly optimistic.

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Today, October 12th, domestic coffee prices continued to decline, averaging 113,800 VND/kg, a drop of 600 VND/kg compared to the previous session.

Coffee Prices Continue to Fall Today

Compared to the end of last week, domestic coffee prices have lost 3,100 VND/kg, equivalent to a 2.65% decrease.

During the same period, global Robusta prices fell by 47 USD/ton (-1.04%), reaching 4,480 USD/ton, which is approximately 117,000 VND/kg.

Thus, global coffee prices are currently 3,200 VND/kg higher than domestic prices due to a scarcity of spot contracts, with most being forward contracts featuring significant discounts.

Coffee raw material prices decline as the harvest season begins

While farmers are not pleased with the price drop, coffee prices remain higher than the same period last year, and predictions of prices falling below 100,000 VND/kg during the harvest season have not materialized.

Coffee Exports Projected to Reach 9 Billion USD This Year

According to the latest forecast from the Import-Export Department of the Ministry of Industry and Trade, global coffee consumption is expected to surge in the final months of 2025 as many countries enter the holiday and winter seasons.

This peak consumption period provides an excellent opportunity for Vietnam’s coffee industry to further boost exports.

Price chart from October 6th to October 11th

“With global coffee prices remaining high, Vietnam’s coffee exports in 2025 are projected to exceed 1.6 million tons, valued at approximately 9 billion USD,” the department forecasts.

As of the first nine months of this year, businesses have exported nearly 1.24 million tons of coffee, worth 7.01 billion USD, representing an 11.7% increase in volume and a 62.2% rise in value compared to the same period in 2024.

The remarkable growth in the coffee sector is attributed to higher global coffee prices and an increased share of processed coffee products, which command higher prices.

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