Domestic coffee prices today
Domestic coffee prices today, July 20, in the Central Highlands region increased sharply, fluctuating between 93,500 - 94,000 VND/kg.
Accordingly, traders in Lam Dong province are purchasing coffee at 94,000 VND/kg. A sharp increase of 2,000 VND/kg compared to yesterday.
Similarly, coffee price in Dak Lak province is 93,800 VND/kg, an increase of 1,800 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND1,800/kg compared to yesterday and were traded at VND93,800/kg.
In Lam Dong province, in Ward 1, Bao Loc, Hoa Ninh, Duc Trong, and Dinh Van Lam Ha communes, coffee prices increased by VND1,700/kg compared to yesterday and are at VND93,500/kg.
Mr. Thai Nhu Hiep, Vice President of the Vietnam Coffee and Cocoa Association (VICOFA), said that Brazil and Indonesia started their coffee harvest in May. Due to the large output, the strong increase in supply has caused the market to fall into a surplus, thereby causing coffee prices to drop rapidly.
Coffee prices have been too high for too long, so when the market adjusts, the decline becomes deeper. At the same time, roasters are now limiting their purchases and waiting for prices to fall further to establish a new price level.
The lack of supply has caused the market to fall into a state of instability. Speculators on the exchange compete to sell short and dump their stocks, causing coffee prices to fall uncontrollably.
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 July 20 at 3,348 USD/ton, up 1.09% (34 USD/ton) compared to yesterday's trading session; the November 2025 futures contract increased 1.03% (36 USD/ton), to 3,322 USD/ton.
On the New York Stock Exchange, compared to yesterday, the price of Arabica coffee futures for September 2025 delivery decreased by 1.17% (3.6 US cents/pound), to 303.6 US cents/pound; the December 2025 futures contract decreased by 0.92% (2.75 US cents/pound), to 295.95 US cents/pound.
Despite the market facing many fluctuations, Vietnam’s coffee export prospects in the last 6 months of the year are still assessed positively. Key markets such as the European Union (EU) and the US continue to be bright spots, especially in the context of many other exporting countries facing tariff barriers.
Recently, US President Donald Trump unexpectedly announced an increase in import tax on goods from Brazil from 10% to 50%, effective from August 1. Some other major coffee exporting countries such as Mexico are also subject to a 30% tax, while Canada is 35%. In this context, Vietnam can take advantage of this opportunity to expand its market share and increase export turnover in the coming time.
Source: https://baonghean.vn/gia-ca-phe-hom-nay-20-7-2025-tang-manh-tro-lai-10302661.html
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