AsemconnectVietnam - On Thursday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area increased by 3000 VND to VND118,500 – VND120,000 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND120,000/kg, while traders in Lam Dong province offered the lowest price of VND118,500. Robusta coffee rose to VND118,500 per kg in Bao Loc, Di Linh, and Lam Ha; to VND 119,400 - 119,500 per kg in Dak Lak; to VND119,900 - 120,000 in Dak Nong; to VND119,400 per kg in Kon Tum, and VND119,400- 119,500 per kg in Gia Lai.
The Ministry of Agriculture and Rural Development said that Vietnam’s coffee output in the 2023–2024 crop year is estimated to decrease by 20% compared to the previous crop year, to 1.47 million tonnes, the lowest in four years, putting pressure on Robusta supply in the world market.
Due to the impact of climate change, the dry season comes earlier than usual in Vietnam, and prolonged hot weather causes water levels at dams in some provinces to rapidly decrease. Fears that drought could affect crops have caused domestic coffee prices to increase sharply in the past week.
According to the Ministry of Agriculture and Rural Development, Vietnam exported 756,000 tonnes of coffee, earning nearly 2.57 billion USD in the first four months of the year, up 5.4% in volume and 57.9% in value from the same period last year.
Following are domestic Robusta coffee prices on May 29, in Vietnam's Central Highlands: