Coffee prices today, December 22nd: The decline has stalled around the 90,000 VND mark.
After nearly a month of sharp declines, domestic coffee prices stabilized around 90,300 VND/kg on December 22nd. Supply pressure remains, but experts believe prices are unlikely to fall back to their previous lows.
Domestic coffee prices remain unchanged.
According to observations on the morning of December 22nd, the price of bulk green coffee beans in the Central Highlands provinces has stabilized after a prolonged decline, currently fluctuating between 89,500 and 90,300 VND/kg. This development occurs amidst strong downward pressure on the global market.
| Local | Price (VND/kg) |
|---|---|
| Dak Lak | 90,300 |
| Lam Dong | 89,500 |
| Gia Lai | 90,000 |
According to businesses, the downward price pressure mainly stems from Vietnam entering the peak harvest season of the 2025-2026 crop year, leading to a rapid increase in supply. At the same time, falling global coffee prices are also impacting domestic purchasing prices.
Global market developments
On the international market, coffee prices continued to face strong downward pressure last week. On the London exchange, Robusta coffee futures for January 2026 fell by 8.5%, equivalent to $350/ton, to $3,778/ton. The March 2026 contract also fell by 8.4%, to $3,669/ton.
Similarly, on the New York exchange, the price of Arabica coffee futures for December 2025 fell sharply by 14.2%, to 340.65 US cents/pound. The contract for March 2026 also decreased by 11.8%, to 325.9 US cents/pound.
Reasons for market correction
The prolonged decline in coffee prices stems from several factors. Changes in trade policies, such as the US lifting tariffs on Brazilian coffee and the European Union postponing the implementation of the EUDR until the end of 2026, have eased concerns about supply disruptions.
In addition, physical supply is increasing as Vietnam enters its harvest season and favorable weather is forecast in Brazil. A report from the US Department of Agriculture (USDA) forecasts global coffee production for the 2025-2026 crop year to increase by 3.5 million bags, reaching a record high of 178.8 million bags.
Market outlook
Despite the increase in supply, the USDA also forecasts global coffee consumption to continue rising by 1.3%, reaching a record high of 173.9 million bags. Notably, ending inventories are projected to decline for the fifth consecutive year, to just 20.1 million bags, indicating that demand remains strong and could support prices in the long term.
Speaking to the press, Mr. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association (VICOFA), predicted that Vietnam's coffee production in the 2025-2026 crop year could increase by 5-10% thanks to improved cultivation conditions. He believes that although prices may continue to fall in the short term due to bumper harvests in both Vietnam and Brazil, it is unlikely they will return to their previous lows.
"Coffee prices may continue to fall, but they cannot drop to the previous lows. The decline could stop at around 80,000–85,000 VND/kg, so farmers can still make a good profit this harvest," Mr. Hai emphasized.
