AsemconnectVietnam - On Friday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 1000 VND to VND99,000 – VND100,500 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND102,000/kg, while traders in Lam Dong province offered the lowest price of VND100,900. Robusta coffee increased to VND102,000 per kg in Bao Loc, Di Linh, and Lam Ha; to VND101,900- VND102,000 per kg in Dak Lak; to VND101,800 - VND101,900 in Dak Nong; to VND100,500 per kg in Kon Tum, and to VND101,400 per kg- VND101,500 in Gia Lai.
In Vietnam – the world's largest producer of robusta coffee beans – drought is likely to cause a 20% year-on-year drop in coffee production. Goels says this could lead to the smallest crop in the past four years.
An intense heatwave is sweeping through Southeast Asia, and maximum temperatures in parts of northern and central Vietnam have ranged from 40-44 degrees Celsius.
Kanica Goel, Senior Analyst at business intelligence specialist The Smart Cube, says extreme weather in Brazil and Vietnam is to blame. The two countries together account for 55% and 50% of global coffee production and exports respectively. Goel points out that in March, Brazil's Minas Gerais region – which accounts for 30% of the country’s arabica crop – received 235% more rain than i average for the time of year.
Vietnam's coffee exports in the first four months of 2024 were at 737,797 tonnes, up 2.8% from last year, customs data showed. Vietnam exported 152,073 tonnes of coffee in April, a decrease of 19.5% from the previous month. With 652,000 tonnes of coffee exported to the EU worth 1.66 billion USD in 2023, Vietnam was the second biggest coffee supplier of the EU in terms of volume and third largest supplier in terms of value.
Even though the EU's coffee import in 2023 dropped by 9% in volume and 10.2% in value from 2022, Vietnamese coffee exports to this market decreased only slightly, by 1.4% in volume and 0.02% in value. Therefore, Vietnam's share in the EU’s total coffee imports increased from 14.85% in 2022 to 16.08% in 2023.
Following are domestic Robusta coffee prices on May 17, in Vietnam's Central Highlands:

T.Huong
Source: Vitic