Coffee prices fell slightly, to 86,500 VND/kg.

(GLO) - On May 3rd, coffee prices fell by 100 VND/kg, bringing the trading level in key growing regions down to 86,000-86,500 VND/kg.

Specifically, after the decrease, the price of coffee in Gia Lai and Dak Lak is 86,500 VND; in Lam Dong it has fallen to 86,000 VND.

Domestic coffee prices decreased slightly by 100 VND/kg on May 3rd. (Image: Internet)

In summary, domestic coffee prices fell by 1,400-1,500 VND/kg last week due to pressure from abundant supply as Brazil is about to enter its new harvest season and the prospect of a global oversupply of approximately 10 million bags.

According to expert forecasts, domestic coffee prices will continue to fluctuate sharply and unexpectedly next week. In particular, domestic prices are likely to decline as supply from Brazil increases significantly.

On the London exchange, Robusta coffee futures contracts for May 2026 reversed course and rose slightly by $3/ton to $3,568/ton; contracts for January 2027 also increased by $4/ton, reaching $3,145/ton.

On the New York exchange, Arabica coffee prices saw mixed movements. The May 2026 contract rose 1.1 cents/lb to 302.0 cents/lb, while the March 2027 contract saw a slight decrease of 0.15 cents/lb to 264.85 cents/lb.

Source: https://baogialai.com.vn/gia-ca-phe-giam-nhe-ve-muc-86500-dongkg-post586263.html