Domestic coffee prices today
Domestic coffee prices today, August 2, in the Central Highlands region continued to increase, fluctuating between 99,800 - 100,000 VND/kg.
Accordingly, traders in Lam Dong province (formerly Dak Nong ) are purchasing coffee at 100,000 VND/kg. A slight increase of 300 VND/kg compared to yesterday.
Similarly, coffee prices in Dak Lak province are at 100,000 VND/kg, an increase of 300 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND300/kg compared to yesterday and were traded at VND99,800/kg.
In Lam Dong province, in Ward 1, Bao Loc, Hoa Ninh, Duc Trong, and Dinh Van Lam Ha communes, coffee prices increased by VND300/kg compared to yesterday and are at VND99,800/kg.
Coffee prices are rising sharply due to a combination of factors, from adverse weather to cost pressures and trade fluctuations. The prolonged hot weather since the beginning of the year has caused poor coffee growth, significantly reducing domestic production. This situation has pushed domestic coffee prices up continuously over the past several months.
Vietnam, the world’s largest exporter of Robusta coffee, faces a sharp decline in output in the 2024-2025 crop year due to drought caused by El Niño. In the Central Highlands, coffee yields have fallen, and replanting and tree care have been difficult due to high input costs. Coffee inventories in the country and at export ports have fallen to record lows, unable to meet market demand.
The international market also contributed to the sharp increase in coffee prices. Investment funds and traders increased their purchases of coffee futures contracts, expecting prices to continue to rise as information about scarce supplies continued to emerge. This speculative activity caused coffee futures prices to skyrocket, causing domestic and international spot prices to fluctuate sharply.
Domestically, export businesses are under great pressure. Coffee export prices increased by nearly 50% in the first four months of 2025, forcing businesses to rush to purchase raw materials to complete orders. Limited supply creates a "buying race" at the farm, pushing up coffee purchase prices rapidly, making the domestic market even more vibrant.
World coffee prices today
On the London exchange, the online price of Robusta coffee futures contract for September 2025 delivery closed this morning's trading session on August 2 at 3,417 USD/ton, up 0.47% (16 USD/ton) compared to yesterday's trading session; the futures contract for November 2025 delivery increased 0.15% (5 USD/ton), to 3,336 USD/ton.
On the New York Stock Exchange, compared to yesterday, the price of Arabica coffee futures for September 2025 delivery decreased by 1.2% (3.55 US cents/pound), down to 292.25 US cents/pound; the December 2025 futures contract decreased by 1.07% (3.1 US cents/pound), reaching 285.6 US cents/pound.
US President Donald Trump announced plans to raise reciprocal tariffs on Brazilian coffee from 10% to 50%, prompting producers to seek ways to mitigate the impact on coffee prices. The decision has raised concerns about a new round of price increases in the US coffee market.
According to the U.S. Bureau of Labor Statistics, roasted coffee prices increased 12.7% year-over-year in June 2025, while instant coffee prices increased 16.3%. Currently, a pound of ground coffee costs an average of $8.13, up more than $1 in just six months. This situation puts a lot of pressure on consumers and businesses.
The United States relies almost entirely on imported coffee, with Brazil supplying about a third of all coffee consumed. Domestic coffee production from Hawaii and Puerto Rico accounts for less than 1% of demand. Small regions in California also produce coffee, but not enough to meet the market.
Global coffee prices have been volatile in recent years for a variety of reasons. The Covid-19 pandemic, drought and high temperatures from climate change have caused crop failures in Brazil, leading to a shortage of supply. The recent US tariff hike has further strained the coffee market, pushing prices higher.
Source: https://baonghean.vn/gia-ca-phe-hom-nay-2-8-2025-tang-cham-moc-100-000-dong-10303682.html
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