Coffee price today October 19, 2024: Sharp decrease of 2,000 VND/kg
Coffee price list today, October 19, today's coffee price turned down sharply by 2,000 VND/kg, ranging from 110,800 - 111,400 VND/kg in the Central Highlands provinces.
Domestic coffee prices
The domestic coffee market today is in the range of 110,800 - 111,400 VND/kg. Domestic coffee prices were updated at 4:30 a.m. on October 19, 2024 as follows: The current average price is around 111,300 VND/kg in the Central Highlands provinces, the highest purchase price in Dak Nong province is 111,400 VND/kg.
Coffee price list today 10/19/2024
| Market | Medium | Change |
| Dak Lak | 111,200 | -2,000 |
| Lam Dong | 110,800 | -2,000 |
| Gia Lai | 111,300 | -2,000 |
| Kon Tum | 111,300 | -2,000 |
| Dak Nong | 111,400 | -2,000 |
Specifically, localities are purchasing coffee at prices ranging from 110,800 - 111,400 VND/kg.
Dak Lak coffee price
Coffee prices today (October 19) in Dak Lak province decreased by 2,000 VND/kg compared to yesterday; in Cu M'gar district (Dak Lak), coffee prices today are at 111,200 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak), coffee prices today are purchased at the same level of 111,100 VND/kg.
Coffee prices in Dak Lak were surveyed from the following regions: Buon Ma Thuot, Buon Ho, Cu M'gar, Ea H'leo, Krong Nang, Krong Pak, Krong Buk and Krong Ana.
Dak Nong coffee price
Dak Nong coffee price today October 19, 2024, purchased at 111,400 VND/kg in Gia Nghia and 111,300 VND/kg in Dak R'lap.
The latest coffee prices in Dak Nong are surveyed from the regions: Dak Mil, Dak Song, Krong No
Lam Dong coffee price
The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Di Linh, Lam Ha, Bao Loc, coffee is purchased at 110,800 VND/kg.
Latest coffee prices in Lam Dong surveyed today from regions and cities: Bao Loc, Di Linh, Lam Ha, Da Lat and Duc Trong.
Gia Lai coffee price
In Gia Lai province, coffee price today is at 111,300 VND/kg (Chu Prong), in Pleiku and La Grai the price is 111,200 VND/kg.
Kon Tum coffee price
Coffee price today, October 19, in Kon Tum province was purchased at 111,300 VND/kg.
Coffee trading in Vietnam has been sluggish as traders await new supplies from the next crop. However, this also reflects the market’s anticipation that the majority of new coffee production will arrive in the coming months. Notably, although farmers have begun harvesting some Arabica coffee, the output is still very small and not enough to serve the international market.
Meanwhile, Robusta coffee prices in the international market have slightly decreased in recent trading sessions. According to a Reuters report, Vietnam's coffee output in the 2024/2025 crop year may decrease by 5% to 10% compared to the previous crop year. This has caused coffee prices at the beginning of the 2024/2025 crop year to remain high, with coffee prices in the Central Highlands always above VND110,000/kg, nearly double that of the previous crop year.
Despite facing many challenges, the Vietnamese coffee market still has many opportunities for sustainable development in the future. Maintaining high export prices and focusing on potential consumption markets are strategies that coffee businesses need to focus on.
Online Coffee Prices
At the end of the most recent trading session, the price of Robusta coffee in London for November 2024 delivery increased by 7 USD/ton, at 4,692 USD/ton, and for January 2025 delivery increased by 9 USD/ton, at 4,607 USD/ton.
Arabica coffee prices for December 2024 delivery increased by 2.05 cents/lb to 257.20 cents/lb, and for March 2025 delivery increased by 1.90 cents/lb to 255.75 cents/lb.
Coffee prices are currently falling due to stable supplies. The European Commission has decided to extend the implementation of the Anti-Deforestation Law by 12 months. Large importers will start complying with the law from 30 December 2025. Micro and small businesses have until 30 June 2026 to comply with the law.
The delay will allow stakeholders to prepare for the inspection to ensure that products are not linked to deforestation. Products affected by the new law include: cattle, timber, cocoa, soybeans, palm oil, coffee and rubber.
Despite high coffee prices, the Vietnamese coffee industry is still facing challenges from climate change and new EU laws. These challenges may affect Vietnam's coffee production and exports in the future.