Coffee prices continue to rise.

Domestic and global coffee prices continue to rise, with world prices currently reaching their highest level in about three weeks.

Current coffee prices ensure good profits for farmers - Photo: TTO

According to information from farmers and traders on the afternoon of August 9th, the price of bulk green coffee beans traded domestically continued to increase by 2,000-3,000 VND/kg compared to yesterday, fluctuating around 104,000 - 105,000 VND/kg.

Specifically, Dak Lak and Gia Lai provinces both recorded a common price of 104,000 VND/kg, Lam Dong reached 104,000-105,000 VND/kg. Ho Chi Minh City and Dong Nai recorded around 104,000 VND/kg.

Thus, after continuously falling for several weeks prior to that, to around 90,000 VND/kg, coffee prices have recently rebounded.

Although current prices are much lower than the historical peak of over 135,000 VND/kg set in early March 2025, they are still considerably higher than the common price of 40,000-50,000 VND/kg in previous years, which brings significant profits to farmers.

On the world market, Robusta prices in London and Arabica prices in New York have both risen sharply compared to the previous trading session. Specifically, for the September 2025 contract, Robusta prices increased by $143/ton to $3,561/ton; for the November 2025 contract, prices increased by $133/ton to $3,510/ton. Prices for longer contracts increased by $117-$124/ton.

On the New York exchange, the price of Arabica coffee futures for September 2025 increased by 11.55 cents/pound to 309.35 cents/pound; the December 2025 contract increased by 11.30 cents/pound to 302.45 cents/pound; and other contracts increased by 8.65 - 9.95 cents/pound.

Similarly to the trend in domestic coffee prices, after a period of continuous decline, world coffee prices have risen for several consecutive sessions and are currently recorded at their highest level in about 3 weeks.

Many experts believe that coffee prices have risen again since the beginning of August and have been continuously increasing over the past few days due to the impact of several factors such as supply and demand, the recent decline in Brazilian exports, the trade situation between the US and other countries, especially the US imposing high tariffs on goods imported from Brazil...

According to representatives of the Vietnam Coffee and Cocoa Association, in the long term, world coffee production will increase, but short-term coffee price trends remain difficult to predict due to the influence of many factors.

"The current sharp increase in coffee prices presents a good opportunity for farmers and dealers to sell their remaining stock before the new harvest season begins in the final months of the year. Vietnam's coffee production is likely to increase significantly this season, but price movements are difficult to predict due to the impact of world prices," the Vietnam Coffee and Cocoa Association stated.

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NGUYEN TRI

Source: https://tuoitre.vn/gia-ca-phe-tiep-tuc-tang-20250809183436932.htm