Coffee prices have unexpectedly risen, but farmers are still worried. Why?

Coffee prices rebounded today after several consecutive sessions of decline for Robusta; Arabica also rose again as supply remains unchanged. Domestically, coffee prices also saw a slight increase after several consecutive days of decline.

Coffee harvesting - Photo: TTO

According to observations on the afternoon of December 10th, the price of bulk green coffee beans traded in the Central Highlands provinces reached a common range of 101,000 - 102,100 VND/kg, an increase of approximately 300 - 400 VND/kg compared to yesterday.

Specifically, in Dong Nai and Dak Nong (formerly) provinces, coffee prices were recorded at 101,600 - 102,100 VND/kg, leading the region. Similarly, in Gia Lai province, dealers also adjusted their purchase prices upwards by 300 - 400 VND/kg compared to yesterday, reaching a common level of 101,500 VND/kg.

Meanwhile, Lam Dong province was recorded as having the lowest prices in the region, commonly ranging from 101,000 to 101,400 VND/kg.

Despite a recent rebound, the current price of coffee, after a continuous decline over the previous days, is now 15,000-17,000 VND/kg lower than its peak more than a month ago.

Meanwhile, at the close of trading last night and early this morning, December 10th (Vietnam time), Robusta coffee prices on the London exchange (UK) increased by 10-17 USD/ton; Arabica prices on the New York exchange (USA) increased by 0.7-0.94%.

Robusta coffee futures for January 2026 delivery were at $4,228 per ton, up $10 per ton. Arabica coffee futures for March 2026 delivery were at $8,130 per ton, up $60 per ton. Although the increases were not significant, the market turned green again on both major exchanges after sharp declines earlier in the week.

Speaking to Tuoi Tre Online on December 10th, a representative of the Vietnam Coffee and Cocoa Association stated that the continuous decline in coffee prices over the past few days is mainly due to supply and demand factors and the global market, with a key highlight being Vietnam's peak harvest season, resulting in a recorded increase in production.

"Coffee prices on the exchange have stopped their downward trend and turned slightly upward, mainly due to the impact of supply and demand and financial investment. With coffee prices having risen very high recently, in the long term, unless significantly impacted by adverse weather conditions, prices will certainly fall due to increased global supply."

According to reports, although prices have started to rise, many farmers, fearing that prices might no longer be favorable, are choosing to sell immediately after harvest (mostly fresh), instead of storing their produce and waiting for better prices like in previous seasons. Nevertheless, with this year's prices and yields, many farmers have achieved very good profits.

NGUYEN TRI

Source: https://tuoitre.vn/gia-ca-phe-bat-ngo-tang-nhung-nong-dan-van-lo-vi-sao-20251210181150309.htm