In Lâm Đồng province, coffee was purchased at 98,500 VND/kg in the districts of Di Linh, Lâm Hà, and Bảo Lộc. In Đắk Lắk province, Cư M'gar district saw coffee prices at 99,000 VND/kg, while Ea H'leo and Buôn Hồ also recorded the same level. Similarly, in Đắk Nông province, coffee was bought at 99,000 VND/kg in both Gia Nghĩa and Đắk R'lấp.
In Gia Lai province, Chư Prông district recorded 99,000 VND/kg, while prices in Pleiku and La Grai were at 98,900 VND/kg.
In Kon Tum province, coffee was also purchased at 98,900 VND/kg.

The domestic coffee market has rebounded compared to the same time yesterday morning.

Global Coffee Market:
At the close of the latest trading session, Robusta coffee prices in London saw a sharp increase. July 2025 contracts rose by $99/ton to $3,986/ton, while September 2025 contracts surged by $167/ton to $3,904/ton.
On the New York exchange, Arabica coffee for July 2025 delivery rose by 11.5 cents/lb to 326.55 cents/lb, and September 2025 contracts gained 10.65 cents/lb to 320.6 cents/lb.

Coffee prices on both major exchanges surged at the start of the week, buoyed by falling oil prices and a weaker US dollar.

As of early June 24, the US Dollar Index (DXY), which measures the greenback against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), dropped by 0.32% to 98.39.

The USD weakened after the US Federal Reserve (Fed) indicated that the central bank may consider cutting interest rates in the near future. At the same time, oil prices unexpectedly fell after Iran targeted US bases in Qatar and Iraq with missile strikes, instead of attacking strategic shipping routes through the Strait of Hormuz.

Experts suggest that since Iran did not target oil transport routes, the likelihood of disruptions to oil flows remains low.

On supply and demand:
According to Safras & Mercado, as of last Friday, 35% of Brazil’s 2025/26 coffee crop had been harvested. Recent rainfall in Brazil has alleviated drought concerns, contributing to downward pressure on prices. This development has driven Arabica prices down continuously, hitting their lowest level in the past six months.

However, Brazil has officially entered its winter season. Any incoming cold fronts could push coffee prices higher again.

Domestically, trading activity was sluggish last week, as many anticipated further declines in coffee prices.
As global capital flows shift toward the U.S. dollar, a safe-haven asset amid ongoing economic volatility, dollar-priced commodities like coffee have become more expensive for buyers using other currencies, dampening demand and necessitating price corrections.
Coffee sellers are capitalizing on the opportunity to sell quickly to ensure profits, exacerbating the short-term price decline.
The U.S. Department of Agriculture projects Vietnam’s coffee production for the 2025-2026 season to reach 31 million bags, a 6.9% increase from the previous season.
T.Huong

Source: Vitic