Domestic coffee prices increase sharply, exceeding 100,000 VND/kg

(GLO)- On August 5, domestic coffee prices increased sharply by VND1,000/kg compared to yesterday. Currently, transaction prices in key localities are around VND99,700-100,500/kg.

Specifically, in Gia Lai province, coffee prices in the regions fluctuated between 100,300-100,400 VND/kg; in Lam Dong province, it was at 99,700 VND/kg.

Similarly, coffee in Dak Lak and Lam Dong provinces is purchased by traders at 100,400-100,500 VND/kg; in Quang Ngai it is 100,200 VND/kg.

Today, world coffee prices also recovered, Robusta increased sharply to over 3,400 USD/ton.

World coffee prices on August 5 improved again, of which robusta increased sharply to over 3,400 USD/ton. Photo: Internet

Accordingly, at the end of the most recent trading session, the price of Robusta coffee in London for September 2025 delivery increased by 91 USD/ton, at 3,421 USD/ton; November 2025 increased by 79 USD/ton, at 3,338 USD/ton.

On the New York floor, the price of Arabica coffee for September 2025 delivery increased by 4.35 cents/lb, to 288.55 cents/lb; December 2025 increased by 4.1 cents/lb, to 281.65 cents/lb.

According to the Ministry of Agriculture and Environment, coffee has become Vietnam's largest agricultural export product. In July 2025, coffee exports were estimated at 110,000 tons, bringing in 592.7 million USD, up 43.6% in volume and 55.5% in value over the same period last year.

In the first 7 months of the year, coffee exports reached 1.1 million tons, with a turnover of 6 billion USD, up 7.6% in volume and 65.1% in value compared to 2024. Coffee export turnover has exceeded the 5.6 billion USD mark for the whole year of 2024 thanks to an average export price increase of 53.4%, reaching 5,672 USD/ton.

Source: https://baogialai.com.vn/gia-ca-phe-trong-nuoc-tang-manh-vuot-nguong-100000-dongkg-post562688.html