Vietnam coffee purchase prices rise to 85,300 dong/kg on November 9

On November 9, coffee purchase prices in Vietnam’s Central Highlands ranged from 84,500 to 85,300 dong/kg, up 500–600 dong from the previous weekend. Đắk Nông rose 600 dong to 85,300 dong/kg, the highest price among the areas surveyed; Đắk Lắk and Gia Lai each rose 500 dong to 85,000 dong/kg; and Lâm Đồng rose 500 dong to 84,500 dong/kg.

Illustrative image of coffee purchase prices in Vietnam’s Central Highlands.（VietVance）

International markets moved in different directions. Last week, London robusta coffee futures for January 2027 delivery rose 2.1% to $3,270 per tonne, while New York arabica coffee futures for December 2026 delivery fell 2.5% to 280 US cents per pound.

Illustrative image of the coffee market.（VietVance）

Citi forecasts that arabica coffee futures will fall to $2.50 per pound in the next three months and $2.25 per pound in the next 12 months. The bank said Brazilian coffee exports remain high and Vietnam’s robusta supply has exceeded expectations, while weakening demand could lead to higher inventories. It also identified a strengthening El Niño and low exchange-certified stocks as the main upside risks to prices.

Data released by Vietnam’s National Statistics Office show that the country exported about 114,000 tonnes of coffee in October 2026 and approximately 1.569 million tonnes in the first 10 months of the year, with export revenue of about $7.08 billion. At the current export pace, full-year shipments may reach the target of 29 million to 30 million bags; this forecast includes stocks carried over from the previous coffee season.

Rabobank forecasts global coffee production of 181.7 million bags and consumption of 172.8 million bags in the 2026–2027 coffee season, leaving a surplus of 8.9 million bags. The bank expects Brazilian production to reach 73.3 million bags.

Source: VietVance