AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 100 VND to VND61,300 – 61,900 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND61,800/kg, while traders in Lam Dong province offered the lowest price of VND61,300/kg. Robusta coffee rose to VND61,300 per kg in Bao Loc, Di Linh, and Lam Ha; to VND61,700 – VND61,800 per kg in Dak Lak; to VND61,800 – VND61,900 per kg in Dak Nong; to VND61,600 per kg in Kon Tum, and to VND61,500 - VND61,600 per kg in Gia Lai.
Extreme weather conditions brought on by an approaching El Nino are fueling concerns that robusta beans in major coffee producers like Vietnam and Indonesia could be hit, resulting in soaring prices.
“The now widely-expected transition to El Nino conditions in Q323 has stoked fears of reduced output in Vietnam and Indonesia, both major coffee robusta producers,” Fitch Solutions’ research unit BMI said in report dated May 24.
Robusta beans are known for their bitter characteristics and higher acidity, containing more caffeine than their premium and pricier arabica counterpart.
Brazil’s robusta crop has also been negatively impacted by drought as well, the report said.
That means the cost of instant coffee and espressos, which are often made with robusta beans, could come under pressure amid supply worries and a stronger than usual demand for robusta as consumers turn to cheaper substitutes for arabica.
El Nino is a weather phenomenon that typically brings hotter and drier than usual conditions to the central and eastern tropical Pacific Ocean. Climate scientists are predicting that this year’s El Nino could descend in the second half of 2023.
Southeast Asia recently saw record-breaking heat in the middle of May.
Following are domestic Robusta coffee prices on June 7, in Vietnam's Central Highlands: