AsemconnectVietnam - On Tuesday, robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area, remained unchanged at 111,100–111,700VND per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND111,700/kg, while traders in Lam Dong province offered the lowest price of VND111,100/kg. Robusta coffee stayed at VND111,100 per kg in Bao Loc, Di Linh, Lam Ha; at VND111,400-111,500 per kg in Dak Lak; at VND111,600-111,700 per kg in Dak Nong; at VND111,500 per kg in Kon Tum, and at VND111,500- 111,600 per kg in Gia Lai.
October is the time when the world's largest Robusta coffee producer - Vietnam - begins harvesting the new coffee crop, which is calculated from October 2024 to September 2025. However, continuous rains in the Central Highlands provinces since last weekend have affected the harvest progress. Reuters forecasts that Vietnam's coffee output in the 2024/25 crop year could decrease by 5 to 10% compared to the previous crop year.
Vietnam’s coffee exports exceeded the 5 billion USD mark for the first time in the 2023-2024 crop year that lasted from October 1, 2023 to September 30, 2024.

Chairman of the Vietnam Coffee and Cocoa Association (VICOFA) Nguyen Nam Hai said that during the 2023-2024 crop year, Vietnam exported about 1.46 million tonnes of coffee, a 12.1% decrease compared to the previous crop year.

Despite the reduced volume, the export value soared by 33.1%, reaching 5.43 billion USD, marking the highest level ever in a coffee season.

This was also the first time that Vietnam’s coffee exports in a single season surpassed the 5 billion USD mark, Hai said, attributing the value increase to the hiked prices.

According to the General Department of Customs, in September alone, the average export price of Vietnamese coffee reached 5,469 USD per tonne, the highest ever so far, up 5.8% from the previous month and 68.7% compared to September 2023.

For the entire 2023 - 2024 crop year, the average export price was 3,673 USD per tonne, nearly 50% higher than in the previous year. With such price, coffee is the export product with the strongest price rise among Vietnam’s major agricultural exports.
The European Union (EU) remained Vietnam’s largest coffee export market during the 2023-2024 crop year as it imported 563,000 tonnes worth 2 billion USD, down 8.6% in volume but up 41% in value.

Germany, Italy, and Spain were Vietnam's top three individual coffee export markets in the past season, with export values of 607 million USD, 417 million USD, and 413 million USD respectively, reflecting growth rates of 37%, 30%, and 75% compared to the 2022-2023 crop year.

Other major markets also saw strong growth in export value despite declining volumes, such as Japan (up 38%) and Russia (up 20%).
Following are domestic Robusta coffee prices on October 22, in Vietnam's Central Highlands:

Following are domestic Robusta coffee prices on October 22, in Vietnam's Central Highlands:

T.Huong

Source:Vitic