Coffee price on November 2: Increased by 1,500 VND, jumped to 118,200 VND/kg

The price of green coffee beans in the Central Highlands provinces recorded a sharp increase on November 2, with an adjustment of 1,300 - 1,500 VND/kg. The purchase price is currently fluctuating between 116,800 - 118,200 VND/kg, the highest level recorded in Dak Nong province.

Domestic coffee prices increased sharply

According to a survey, coffee prices in key growing regions have increased compared to yesterday's trading session, specifically as follows:

In Lam Dong province: Di Linh, Bao Loc and Lam Ha districts all recorded a price of 116,800 VND/kg, after an increase of 1,300 VND/kg.
In Dak Lak province: Recorded the highest increase, an increase of 1,500 VND/kg. The price in Cu M'gar district is 118,000 VND/kg, while in Ea H'leo and Buon Ho it is about 117,900 VND/kg.
In Dak Nong province: Coffee prices also increased by VND 1,500/kg, to VND 118,200/kg in Gia Nghia and VND 118,100/kg in Dak R'lap.
In Gia Lai province: Price fluctuates between 117,600 - 117,700 VND/kg.

The main reason for this price increase is said to be the scarcity of domestic supply. Exporters are actively purchasing to prepare for year-end holiday orders, while many farmers tend to temporarily stockpile goods, waiting for better prices.

Coffee prices today, November 2, increased sharply in the Central Highlands provinces. — Coffee prices today recorded a strong increase of 1,300 - 1,500 VND/kg, bringing the price level to the range of 116,800 - 118,200 VND/kg.

World markets: Inventories fall to record lows

In contrast to the domestic increase, coffee prices on two major exchanges in London and New York recorded a slight decrease in the latest session. However, analysts said this was just an accumulation period before a new increase due to pressure from the decline in global supply.

Global supply is tight

The main factor driving the world market today is the sharp decline in inventories. According to data updated as of November 1:

At the ICE New York floor, the inventory of standard Arabica coffee is only 446,475 bags (60kg/bag), the lowest level in 18 months.
At ICE London, Robusta inventories also fell to 6,111 lots, the lowest level in more than 3 months.

Global supply is being affected by a number of factors. Prolonged dry weather in Brazil is impacting Arabica coffee yields, while farmers in Vietnam and Indonesia are holding back sales in the hope of further price increases. Escalating transportation and logistics costs are also limiting supplies at ICE-approved warehouses, causing local shortages.

Adjusted futures prices

At the end of the most recent trading session, the prices of futures contracts changed:

On the London Exchange (Robusta): The January 2026 futures contract fell 1.25% to close at $4,583/ton. The March 2026 contract was at $4,507/ton.
On the New York Stock Exchange (Arabica): The December 2025 futures contract fell 1.05% to 387.85 US cents/pound. The March 2026 futures contract fell 0.78% to 369.3 US cents/pound.

Source: https://baolamdong.vn/gia-ca-phe-ngay-211-tang-1500-dong-vot-len-118200-dongkg-399464.html