Coffee price today, April 26, 2024, increased to 132,000 VND/kg, the market is concerned about coffee supply from Vietnam.

Domestic coffee prices

The domestic coffee market today increased sharply compared to the same time yesterday. Domestic coffee prices were updated at 5:00 a.m. on April 26, 2024 as follows, coffee prices increased by 2,700 – 3,300 VND/kg. The current average price is around 132,000 VND/kg in the Central Highlands provinces, the highest purchase price in Dak Nong province is 132,200 VND/kg.

Coffee price list today April 26, 2024

Market	Medium	Change
Dak Lak	132,000	+2,700
Lam Dong	131,500	+3,300
Gia Lai	131,800	+3,300
Kon Tum	131,800	+3,300
Dak Nong	132,200	+2,900

In detail, localities are purchasing coffee at prices ranging from 131,500 – 132,200 VND/kg.

Coffee prices in Dak Lak

Coffee price today (April 26) in Dak Lak province today increased by 2,700 VND/kg compared to the previous day; Cu M’gar district (Dak Lak) coffee price today is 132,000 VND/kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today’s coffee price is the same 131,900 VND/kg.

Coffee prices in Dak Lak were surveyed from the following regions: Buon Ma Thuot, Buon Ho, Cu M’gar, Ea H’leo, Krong Nang, Krong Pak, Krong Buk and Krong Ana.

Coffee prices in Dak Nong

Dak Nong coffee price today April 26, 2024, purchased at 132,200 VND/kg in Gia Nghia and 132,100 VND/kg in Dak R’lap.

The latest coffee prices in Dak Nong were surveyed from the following regions: Dak Mil, Dak Song, Krong No

Coffee prices in Lam Dong

Price of green coffee beans (green coffee, fresh green coffee) in Lam Dong province in districts such as Di Linh, Lam Ha, Bao Loc, coffee is purchased at 131,500 VND/kg.

The latest coffee prices in Lam Dong were surveyed today from regions and cities: Bao Loc, Di Linh, Lam Ha, Da Lat and Duc Trong.

Gia Lai coffee prices

In Gia Lai province, today’s coffee price is 131,800 VND/kg (Chu Prong), in Pleiku and La Grai the same price is 131,700 VND/kg.

Kon Tum coffee prices

Coffee price today April 26 in Kon Tum province is purchased at 131,800 VND/kg.

Thus, Robusta coffee prices have surpassed the high of last Thursday and become the highest mark of all time, due to concerns about the crop in Brazil and Vietnam. Currently, there is no information that can cause Robusta coffee prices to stop.

Update world coffee prices

At the end of the trading session, the price of Robusta coffee on the London floor at 5:30 a.m. on April 26, 2024 increased sharply, ranging from 3,977 – 4,327 USD/ton. Specifically, the delivery term in July 2024 is 4,327 USD/ton (up 61 USD/ton); Delivery term in September 2024 is 4,233 USD/ton (up 52 USD/ton); Delivery term in November 2024 is 4,114 USD/ton (up 59 USD/ton) and delivery term in January 2025 is 3,977 USD/ton (up 65 USD/ton).

Similarly, the price of Arabica coffee on the New York floor on the morning of April 26 increased sharply. Specifically, the delivery term in July 2024 is 229.95 cents/lb (up 1.79%); September 2024 delivery period is 227.80 cents/lb (up 1.58%); December 2024 delivery period is 226.10 cents/lb (up 1.57%) and March 2025 delivery period is 225.10 cents/lb (up 1.44%).

Brazilian Arabica coffee prices on the morning of April 26, 2024 increased and decreased slightly. Specifically, the delivery term in May 2024 is 278.25 USD/ton (up 1.92%); July 2024 delivery period is 283.35 USD/ton (up 1.92%); September 2024 delivery period is 278.00 USD/ton (up 2.02%) and December 2024 delivery period is 274.60 USD/ton (up 2.27%).

The Brazilian Instant Coffee Association or ABICS reported that instant coffee consumption from the world’s largest coffee producer increased by 5.30% in the first quarter of 2024.

Coffee prices broke records due to market concerns about coffee supply from Vietnam.

Robusta coffee prices soared to a new record high due to concerns about the increasingly tight supply of Robusta from Vietnam along with information about crops being seriously damaged by drought.

According to the Vietnam Commodity Exchange (MXV), prolonged dry conditions in the Central Highlands region cause Vietnam’s 2024/2025 coffee crop to face a high risk of crop failure. Combined with the low amount of coffee in the current crop, it makes farmers decide to keep their goods. This contributes to the supply shortage becoming more serious.

Along with that, Vietnam’s coffee export activities have slowed down, reflecting the impact of the previous coffee hoarding by our country’s farmers. According to data from the General Department of Customs, coffee exports in the first 15 days of April 2024 decreased by 3.8% over the same period last year, to 80,781 tons.

Faced with concerns about global supply in general and in Vietnam in particular, domestic coffee prices are likely to reach a new historic level of 150,000 VND/kg.