AsemconnectVietnam - On Tuesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 1200 VND to VND111,700 – VND112,600 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND112,600/kg, while traders in Lam Dong province offered the lowest price of VND111,700. Robusta coffee increased to VND111,700 per kg in Bao Loc, Di Linh, and Lam Ha; to VND112,300 per kg - VND112,400 per kg in Dak Lak; to VND112,500 - VND112,600 in Dak Nong; to VND112,100 per kg in Kon Tum, and to VND 112,100 - VND112,200 per kg in Gia Lai.
From October 2023 to March 2024, Vietnam has exported nearly 1 million tonnes of coffee, with inventory output estimated at only about 300,000 tonnes. Thus, it is likely that Vietnam will run out of supply in just 2 months.
In the first 3 months of 2024, the top 10 enterprises in terms of raw coffee export volume are: Vinh Hiep, Simexco Daklak, Louis Dreyfus Company Vietnam, Tuan Loc Commodities, Intimex Group, Intimex My Phuoc, NKG Vietnam, Phuc Sinh, Olam Vietnam and Mascopex.
Mr. Thai Nhu Hiep - Director of Vinh Hiep Co., Ltd. admitted that the company's inventory is only enough to sell until about May, while the new coffee harvest will not arrive until October 2024.
Following are domestic Robusta coffee prices on April 16, in Vietnam's Central Highlands: