Coffee prices today, December 31st: A sharp increase of up to 2,000 VND/kg
Domestic coffee prices reversed course and surged sharply on December 31st, increasing by 1,300 - 2,000 VND/kg to reach 98,000 VND/kg, thanks to a coordinated recovery on international trading platforms.
The domestic coffee market recorded positive developments in the trading session on December 31st. After a period of downward adjustment, purchase prices in key areas of the Central Highlands surged sharply, bringing the price level back to its highest point of 98,000 VND/kg.
Domestic coffee price trends
The recovery of the international market immediately impacted domestic coffee prices, with common increases ranging from 1,300 to 2,000 VND/kg. Lam Dong recorded the sharpest price increase in the region.
| Local | Purchase price (VND/kg) | Price fluctuation (VND/kg) |
|---|---|---|
| Dak Lak | 98,000 | +1,300 |
| Gia Lai | 98,000 | +1,500 |
| Lam Dong | 97,000 | +2,000 |
Currently, Dak Lak and Gia Lai are the two localities with the highest purchase prices nationwide. In Lam Dong, despite the sharpest increase, prices are still slightly lower than in neighboring provinces, trading at 97,000 VND/kg.
Global markets remain in positive territory.
According to data from the Vietnam Commodity Exchange (MXV), coffee prices on international exchanges continue to maintain an upward trend. At the ICE Futures Europe exchange (London), the price of Robusta coffee for March 2026 delivery increased by US$68/ton, reaching US$3,952/ton. The September 2026 delivery contract saw a slight increase of US$27/ton, reaching US$3,759/ton.
On the ICE Futures US (New York) exchange, Arabica coffee prices also followed the upward trend. The March 2026 contract rose 3.45 cents/lb, reaching 355.6 cents/lb. The December 2026 contract recorded an increase of 3.65 cents/lb, closing at 320.75 cents/lb.
Supply pressure from Brazil
Notably, the Brazilian market recorded significantly stronger growth compared to other regions. The March 2026 Arabica contract there rose by 7.4 cents/lb, reaching 434.45 cents/lb. The May and December 2026 contracts also saw substantial increases.
Analysts believe that the sharp increase in Brazil stems from concerns about supply amid unpredictable weather patterns and rising production costs. These factors are putting direct pressure on the global market, providing impetus for coffee prices to maintain their recovery in the short term.
