Vietnam coffee prices rise amid shift toward deep processing

Vietnam's coffee market is experiencing a price recovery in the Central Highlands, with domestic prices rising by 1,000 VND/kg to reach an average of approximately 94,800 VND/kg. Key production areas such as Dak Lak, Gia Lai, and Dak Nong are seeing prices fluctuate between 94,200 and 95,000 VND/kg. This upward trend follows a period of decline in early September and aligns with a recovery in the London Robusta market, where November 2026 contracts rose by 1.66% to 3,430 USD/ton.

To combat climate change risks like drought and heavy rain—which have reduced yields by over 12% in some regions—stakeholders are exploring weather index insurance and climate-smart agriculture. Simultaneously, the industry is shifting toward deep processing to increase value. Companies like Intimex Group are investing heavily in instant coffee production, expanding capacities to move beyond raw bean exports and capture more of the global value chain.

Despite these developments, export values face pressure. While export volumes for the first eight months of 2026 reached 1.3 million tons, the total value decreased by 9.1% compared to the previous year, reflecting lower average export prices.