Vietnam coffee domestic prices fall further
HANOI: Vietnam’s domestic coffee prices fell further from a week ago on rising supplies amid the harvest.
Farmers in the Central Highlands, Vietnam’s coffee belt, offered beans at 83,000 dong (USD3.23) to 84,000 dong (USD3.27) per kg on Thursday, down from from 88,000 dong to 89,000 dong last week.
Traders said the 2026-27 harvest has begun in several parts in the
Central Highlands and will peak by the end of November, putting more downward pressure on domestic prices.
“Output is expected to be the decent, equivalent to last year’s,” a trader based in the Central Highlands said.
January robusta coffee futures closed up 0.6 percent to USD3,228 a metric ton on Wednesday.
Vietnam’s coffee exports in October rose 60.6 percent from a year earlier to 114,000 tons, according to government statistics data. This raised the country’s total coffee shipments in the January-October period to 1.57 million tons, a year-on-year increase of 18.8 percent.
In Indonesia, Sumatra robusta coffee beans for the November contract were offered at a premium of USD200 to USD300, compared with a premium USD220 for the November contract last week, a trader said
Another trader said the premium was USD300 for the January contract—Reuters