Domestic coffee prices have risen sharply, reaching 88,000 VND/kg.

(GLO) - Domestic coffee prices continued to rise today (May 24) by another 1,200-1,300 VND/kg, pushing the purchase price in key growing regions up to 87,400-88,000 VND/kg.

Specifically, in Dak Lak , the price of coffee today increased by 1,300 VND/kg, reaching 88,000 VND/kg, the highest in the country.

Meanwhile, in Gia Lai and Lam Dong, coffee prices both increased by 1,200 VND/kg, with traders purchasing them at 87,900 VND/kg and 87,400 VND/kg respectively.

Domestic coffee prices continued their upward trend today, rising by another 1,200-1,300 VND/kg. (Photo: MT)

The rise in domestic coffee prices is occurring amidst significant fluctuations in the global market related to supply. Concerns about production in major exporting countries, coupled with recovering demand, have contributed to supporting prices.

In addition, the gradual decrease in domestic supply after the previous period of heavy selling has also reduced supply pressure on the market, creating conditions for price recovery.

On the world market, coffee prices continued to move in opposite directions today. On the London exchange, Robusta coffee futures contracts for July 2026 delivery rose by $57/ton to $3,339/ton; contracts for September 2026 delivery also increased by $51/ton, reaching $3,310/ton.

Conversely, on the New York exchange, the price of Arabica coffee futures for July 2026 delivery fell by 1.05 US cents/pound to 272.35 US cents/pound; the contract for September 2026 delivery fell by 0.7 US cents/pound to 264.8 US cents/pound.

Source: https://baogialai.com.vn/gia-ca-phe-noi-dia-tang-manh-dat-moc-88000-dongkg-post588033.html