Coffee prices today, May 31, 2025: Continue to fall sharply.

Domestic coffee prices today

Domestic coffee prices in the Central Highlands region today, May 31, 2025, continued to fall sharply compared to yesterday, fluctuating between 118,200 and 118,700 VND/kg.

Accordingly, traders in Dak Nong province are buying coffee at a maximum price of 118,700 VND/kg, a sharp decrease of 1,500 VND/kg compared to yesterday.

Similarly, the price of coffee in Dak Lak province is 118,500 VND/kg, a decrease of 1,500 VND/kg compared to yesterday.

Coffee prices in Gia Lai province decreased by 1500 VND/kg and are trading at 118,500 VND/kg.

In Lam Dong province, the price of coffee decreased by 1500 VND/kg and is now at 118,200 VND/kg.

According to data from the Customs Department, in the first 15 days of May, Vietnam exported 66,503 tons of coffee, earning $387.6 million. Compared to the same period last year, exports increased by 50.7% in volume and 112.3% in value.

From the beginning of the year to May 15, 2025, Vietnam exported 736,583 tons of coffee with a value of 4.2 billion USD. Although the export volume decreased by 5.6%, the value increased sharply by 56.6%, the highest increase ever, thanks to high coffee prices in the international market.

However, exports at the beginning of the 2024-2025 crop year were low, at only about 12.15 million bags, a 23% decrease compared to the same period last year. The main reason is not a shortage of supply, but rather the hoarding mentality of farmers and businesses, waiting for prices to rise amidst strong market fluctuations. Nevertheless, with rapidly increasing supply from other countries, this hoarding strategy also carries significant risks if prices do not recover as expected in the near future.

World coffee prices today

Coffee prices on the world market fell slightly on both exchanges:

Robusta coffee (London):

July 2025 delivery: Decreased by $73/ton, to $4,493/ton.

September 2025 delivery: Decreased by $87/ton, to $4,443/ton.

Arabica coffee (New York):

July 2025 delivery: Down 4.95 cents/lb, to 343.45 cents/lb.

September 2025 delivery: Down 4.55 cents/lb, to 341.05 cents/lb.

According to traders, the supply of robusta coffee from the new harvest in Indonesia and Brazil is putting downward pressure on prices. A trader in Vietnam said that coffee supplies from other markets are increasing rapidly, intensifying competition.

Regarding Arabica coffee, Reuters technical analyst Want Tao predicts that prices could continue to fall to between 340 and 346 cents/lb in the near future.

The market is also under pressure from forecasts by the Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA). According to these forecasts, Brazil's coffee production in the 2025-2026 crop year is expected to reach 65 million bags, a 0.5% increase compared to the previous year. Vietnam's production is also projected to increase by 6.9%, to 31 million bags. Brazil is the world's largest producer of arabica coffee, while Vietnam leads in robusta production.