Today, November 23rd, the average coffee price in the Central Highlands of Vietnam stands at 112,400 VND/kg, a decrease of 2,100 VND/kg compared to the previous session. However, it remains 2,100 VND/kg higher, or approximately 1.9%, than the end of last week.
The highest price is recorded in Dak Lak at 112,500 VND/kg, while the lowest is in Lam Dong at 111,500 VND/kg.
The January 2026 Robusta coffee contract on the London exchange is trading at 4,506 USD/ton, equivalent to 117,800 VND/kg. This marks a significant increase of 283 USD/ton, or 6.7%, from the previous week.
Coffee prices are experiencing significant fluctuations.
Domestic coffee prices have risen at a slower pace compared to global prices, indicating weak domestic demand. This is largely attributed to adverse weather conditions affecting both harvesting and transportation.
Three key developments have significantly impacted the global coffee market this week. Firstly, the U.S. reduced countervailing duties on coffee imports, although Brazilian coffee remains subject to a 40% tariff.
This news initially drove coffee prices higher, but they later cooled following reports that the U.S. would reduce tariffs on Brazilian coffee to 0%, retroactively applying the same treatment as coffee from other origins.
Despite this, coffee prices have not fallen sharply due to severe natural disasters in Vietnam, the world’s second-largest coffee producer, which have directly impacted many coffee-growing regions.
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