Coffee prices today, April 28th: Decreased by 1000 VND/kg
Coffee prices in the Central Highlands today, April 28, 2026, decreased by 1000 VND/kg, to 86,500-87,000 VND/kg. World robusta coffee prices fell by 1.57% to 3,428 USD/ton, while arabica prices decreased by 2.16%.
Coffee prices in the Central Highlands region uniformly decreased by 1,000 VND/kg today after the holiday. Robusta coffee futures for July delivery on the London exchange fell 1.57% to 3,428 USD/ton. Arabica coffee futures for July 2026 delivery on the New York exchange also decreased by 2.16%, to 288.5 US cents/pound.
Domestic coffee prices today: Highest at 87,000 VND/kg in the Central Highlands.
According to a survey conducted at 11:00 AM on April 28th, coffee prices in the Central Highlands provinces decreased by 1,000 VND/kg compared to the price before the holiday.
Coffee prices in Dak Nong, Dak Lak, and Gia Lai provinces have all been adjusted to 87,000 VND/kg.
Coffee prices in Lam Dong are the lowest on the market, recorded at 86,500 VND/kg. Thus, domestic coffee prices today fluctuate between 86,500 and 87,000 VND/kg, an average decrease of 1,000 VND/kg compared to April 27th.
| Province/City | Coffee prices (VND/kg) | Change |
|---|---|---|
| Dak Lak | 87,000 | -1,000 |
| Lam Dong | 86,500 | -1,000 |
| Gia Lai | 87,000 | -1,000 |
| Boeing Nong | 87,000 | -1,000 |
World coffee prices: Robusta and Arabica continue to fall sharply.
At the close of trading on April 27, the price of robusta coffee futures for July 2026 delivery on the London exchange fell 1.57% (US$55/ton), to US$3,428/ton. This was the second consecutive day of declines for robusta coffee prices. The robusta contract for September 2026 delivery also fell 1.73% (US$59/ton), reaching US$3,344/ton.
On the New York exchange, the price of Arabica coffee for July 2026 delivery fell 2.16% (6.4 US cents/pound), to 288.5 US cents/pound. The September 2026 Arabica contract fell 2.2% (6.3 US cents/pound), to 278.8 US cents/pound.
Reasons for the drop in coffee prices: Abundant supply from Brazil and withdrawal of capital by speculative funds.
According to Reuters, arabica coffee prices were previously supported by declining floor inventories, but the upward momentum weakened due to selling pressure from farmers and exporters in Brazil.
For robusta, exchange data shows speculators are betting on an uptrend, shifting to a net long position of 2,545 lots; however, the main pressure comes from continuously upward revisions to 2026-2027 crop yields, reinforcing expectations of ample supply.
Data from IBGE Brazil indicates that coffee production for the next crop year will reach approximately 65.1 million bags, while Itaú BBA forecasts a higher figure of 72.5 million bags, with some optimistic scenarios even approaching 75 million bags. International consulting organizations predict that the global surplus could reach around 10 million bags by 2026, increasing the supply on the market.
In addition, data from the CFTC shows that non-commercial investors have significantly reduced their long positions in coffee, a move aimed at profit-taking and risk reduction that has weakened prices, especially after the market tested the near 300 US cents/pound level.
Exports of robusta coffee from Vietnam also increased in the first quarter, contributing to further pressure on prices on the London exchange. However, several factors still limited further declines. Laleska Moda, an expert at Hedgepoint Global Markets, stated that the probability of a strong El Niño event occurring between May and July is as high as 61%, potentially causing heavy rains during the harvest season in Brazil and affecting bean quality. Logistics and geopolitical factors also kept transportation and insurance costs high, contributing to market volatility.
