Vietnam coffee prices rise amid global market volatility

Domestic coffee prices in Vietnam's Central Highlands have seen a recent uptick, with prices in key provinces like Dak Lak, Gia Lai, and Dak Nong rising by 400 VND/kg to reach between 95,000 and 95,700 VND/kg. This recovery follows a period of volatility in late August.

On the international front, the coffee market has experienced significant fluctuations. The International Coffee Organization (ICO) reported that global coffee prices rose by 15.4% in July 2026, driven by concerns over El Niño and weather-related harvest delays in Brazil. While Robusta prices in London have faced pressure due to rising inventory levels, Arabica stocks in New York have reached multi-decade lows, contributing to market volatility.

Vietnam's coffee sector continues to show scale, with the Vietnam Coffee-Cocoa Association (Vicofa) reporting that in the first eight months of 2026, the country exported nearly 1.7 million tons of coffee, generating over $6 billion in revenue. Although export value decreased by 11.2% compared to the same period in 2025 due to lower prices, volume increased by over 10%.

In the agricultural landscape of Dak Lak, there is a notable shift in crop focus. While coffee remains a staple, many farmers are diversifying into durian cultivation to meet high demand from the Chinese market, citing significantly higher potential returns compared to traditional coffee farming.