Coffee prices continue to increase sharply, climbing to 117,500 VND/kg on August 17.

(GLO)- On August 17, domestic coffee prices continued to climb, increasing sharply by 2,500-2,800 VND/kg. Currently, the average coffee purchase price in key areas is at 116,800-117,500 VND/kg.

Specifically, today, coffee prices in Gia Lai province increased by VND2,600/kg compared to yesterday, trading around VND117,200/kg. Meanwhile, with an increase of VND2,800/kg, coffee prices in Lam Dong province are VND116,800; in the old Dak Nong region alone, it increased by VND2,500/kg, to VND117,500/kg.

With an increase of 2,500 VND/kg, coffee in Dak Lak province is currently at 117,300 VND/kg.

Domestic coffee prices continued to increase sharply by VND2,500-2,800/kg on August 17. Photo: Internet

According to economic experts, the sharp increase in coffee prices is mainly due to the gradual depletion of domestic supply. After a long harvest period, the amount of coffee left in households is not much. Meanwhile, export enterprises still have to buy more to fulfill contracts, causing domestic purchasing prices to be under high pressure.

In the world market, last week, Robusta coffee prices recorded 4 strong increases, each session exceeded the 3-digit threshold, with only 1 session decreasing slightly. Summing up the whole week, Robusta coffee futures for November 2025 increased by 506 USD/ton, equivalent to 14.2%.

Arabica coffee prices also increased significantly, with the December 2025 contract increasing by 340 USD/ton to 7,370 USD/ton (about 192,100 VND/kg). Compared to last week, Arabica coffee prices increased by 700 USD/ton, equivalent to 10.5%.

Source: https://baogialai.com.vn/gia-ca-phe-tiep-tuc-tang-manh-leo-moc-117500-dongkg-trong-ngay-17-8-post563942.html