Domestic coffee prices drop by another 1,800-2,000 VND/kg

(GLO)- After yesterday's flat session, the agricultural market on October 26 recorded a "plummet" in coffee prices, with a decrease of 1,800-2,000 VND/kg. Currently, coffee is being purchased by traders at around 115,200-116,500 VND/kg.

Accordingly, in Gia Lai province, coffee is currently priced at 116,000 VND/kg, down 2,000 VND/kg compared to yesterday. With the same decrease, coffee in Dak Lak province is trading at 116,500 VND/kg. Meanwhile, in Lam Dong, coffee fell sharply by 1,800 VND/kg, to 115,200 VND/kg.

On October 26, coffee prices dropped by another 1,800-2,000 VND/kg. Photo: Internet

Overall, coffee prices remain positive thanks to strong demand and low inventories. Experts predict that coffee prices may continue to increase slightly by 2-5% next week if supply does not improve.

However, if favorable weather helps production recover in Brazil and Vietnam, coffee prices may stagnate or decrease slightly.

According to the International Coffee Organization (ICO), Vietnam surpassed Brazil to become the world's largest exporter of instant coffee in August 2025 with 310,000 bags, equivalent to 18,600 tons shipped. This achievement affirms the increasingly high position of Vietnamese coffee in the international market.

Source: https://baogialai.com.vn/gia-ca-phe-trong-nuoc-giam-them-1800-2000-dongkg-post570308.html