Domestic coffee prices
At the end of last week, coffee prices in the Central Highlands region were trading at 124,000 - 127,000 VND/kg, down 5,300 - 7,200 VND/kg compared to last week.
In particular, coffee prices in Dak Lak and Dak Nong provinces are being purchased at 127,200 VND/kg, down 5,300 VND/kg compared to last week.
Next is the coffee price in Gia Lai province at 126,000 VND/kg, down 6,000 VND/kg compared to the closing price of last week.
Similarly, coffee prices in Lam Dong province decreased by VND 6,400/kg last week, down to only VND 126,000/kg.
Thus, domestic coffee prices are currently at a historical low in the past 3 months, since the end of January 2025.
World coffee prices
World coffee prices have witnessed 3 consecutive declines.
At the end of last week, the price of Robusta online coffee contract for delivery in May 2025 on the London Stock Exchange stood at 5,112 USD/ton, down sharply by 4.2% (225 USD/ton) compared to the previous trading session; the contract for delivery in July 2025 decreased by 4.7% (249 USD/ton), reaching 5,105 USD/ton.
On the New York Stock Exchange, Arabica coffee prices for May 2025 delivery decreased by 3.8% (14.3 US cents/pound) last week, down to 365.7 US cents/pound; contracts for delivery for July 2025 futures decreased by 3.5% (13.1 US cents/pound), down to only 363.3 US cents/pound.
Reasons for sharp decline in coffee prices
According to Bloomberg, this decline came after the US announced the imposition of high counterpart tariffs on the largest Robusta producer in Vietnam, as well as on key Arabica exporters such as Brazil and Colombia.
These fees will likely be transferred to American consumers, who already have to pay more per cup of coffee due to skyrocketing commodity prices due to unsuccessful crops.
However, according to experts, farmers in Brazil - the world's largest coffee growing country - have received favorable factors and may see increased demand, as the country is only subject to a 10% tax rate.
Meanwhile, Vietnam faces a mentality of being subject to much higher taxes, up to 46%, which could make the US more dependent on Arabica and Robusta coffee from Brazil.
