Unexpectedly, it rose again.

Domestic coffee prices today

Specifically, in Di Linh, Lam Ha, and Bao Loc districts ( Lam Dong province ), the price of coffee today is being purchased at 115,500 VND/kg.

In Cu M'gar district ( Dak Lak ), the price of coffee today is 116,200 VND/kg. In Ea H'leo district (Dak Lak) and Buon Ho (Dak Lak), the price of coffee today is the same at 116,100 VND/kg.

Similarly, in Dak Nong province, today's coffee prices are being purchased at 116,200 VND/kg in Gia Nghia and 116,100 VND/kg in Dak R'lap.

In Gia Lai province, today's coffee price is 116,100 VND/kg (Chu Prong), while in Pleiku and La Grai it is 116,000 VND/kg.

Meanwhile, the price of coffee today in Kon Tum province is being purchased at 116,100 VND/kg.

Province/District (Survey Area)	Average (Unit: VND/kg)	Change compared to yesterday (Unit: VND/kg)
Dak Lak	116,200	+1,500
Lam Dong	115,500	+1,700
Kon Tum	116,100	+1,600
Gia Lai	116,100	+1,600
Boeing Nong	116,200	+1,700

In the first nine months of the year, Vietnam earned nearly $4.4 billion from coffee exports, a 40% jump compared to the previous year. Coffee export prices have consistently risen, with the average price in September reaching a record high of $5,469 per ton. In total, the average export price for coffee in the first nine months was $3,897 per ton, a 56% increase year-on-year.

Coffee has become the agricultural product with the most notable price increase among Vietnam's main export products. As a result, Vietnam earned nearly $4.4 billion from coffee in the first nine months, a 40% increase compared to the same period in 2023 and surpassing the total export value of the previous year.

The Ministry of Agriculture and Rural Development forecasts that revenue from coffee exports this year will exceed $5 billion and could reach $6 billion thanks to high prices.

World coffee prices today

At the close of the most recent trading session, Robusta coffee prices in London for November 2024 delivery rose by $146/ton to $5,067/ton, and for January 2025 delivery rose by $139/ton to $4,859/ton.

Arabica coffee prices for December 2024 delivery increased by 5.30 cents/lb to 257.35 cents/lb, while prices for March 2025 delivery increased by 5.15 cents/lb to 255.65 cents/lb.

Coffee prices have recovered quickly due to continued supply shortages and record-breaking drought conditions in Brazil.

Source: https://baodaknong.vn/gia-ca-phe-hom-nay-6-10-2024-bat-ngo-tang-tro-lai-231021.html