Coffee prices fall further as Brazil and Indonesia enter season, farmers still make profit

Coffee prices continue to fall, with domestic trading prices now at their lowest level in weeks. Coffee prices have fallen due to the impact of many factors, mainly the crops from Brazil and Indonesia.

Coffee prices have decreased but are still high compared to previous years, ensuring good profits for farmers - Photo: N.TRI

The price of green coffee beans traded on May 29 in the Central Highlands region was in the range of 120,000-121,200 VND/kg, down 1,000-1,500 VND compared to the previous two days.

Specifically in Di Linh, Lam Ha, Bao Loc districts (Lam Dong), coffee prices are currently being purchased at a common price of 120,000 VND/kg. In Dak Lak , Dak Nong and Gia Lai provinces, coffee prices today are around 120,500-121,200 VND/kg.

Coffee prices have been on a downward trend recently. Currently, coffee prices are at their lowest level in many weeks, and are about 15,000 VND lower than the peak in early March 2025. However, the current price is still many times higher than previous years, equivalent to the same period last year, helping many farmers make big profits.

Similarly, at the end of the trading session early this morning, May 29 (Vietnam time), coffee prices traded on the world exchange all decreased compared to the previous session.

Robusta coffee on the London (UK) floor decreased by 104-145 USD/ton, equivalent to 2.21%-3.14%.

Accordingly, the delivery term for July 2025 is at 4,592 USD/ton, down 104 USD/ton. The delivery term for September 2025 is at 4,566 USD, down 126 USD/ton. The delivery term for November 2025 is at 4,530 USD, down 140 USD/ton. The delivery term for January 2026 is at 4,469 USD, down 145 USD/ton.

On the New York Stock Exchange (USA), the price of Arabica coffee for July 2025 delivery also fell sharply by 2.7% (9.75 US cents/pound), down to only 351.95 US cents/pound. The price of the September contract fell by 2.67% (9.6 US cents/pound), down to 349.85 US cents/pound.

According to a representative of the Vietnam Coffee and Cocoa Association, the downward trend in coffee prices in recent weeks has been due to the impact of many factors such as speculation, exchange rates, and especially increased supply.

"The price drop was expected, as Brazil and Indonesia are still in the harvest season. The Brazilian crop is expected to be more productive than previously forecast."

Coffee prices in the long term fell more sharply than those in the short term, indicating that investors see future coffee prices as likely to cool down.

According to information from the Customs Department, in the first 5 months of 2025, Vietnam exported nearly 740,000 tons of coffee, with a turnover of 4.2 billion USD. Although coffee exports decreased in volume, thanks to high export prices, the turnover increased by 56% compared to the same period in 2024.

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Source: https://tuoitre.vn/gia-ca-phe-giam-them-vi-brazil-va-indonesia-vao-mua-nong-dan-van-lai-20250529174502308.htm