Coffee price today July 16: Unexpected shocking increase
Today's domestic coffee price, July 16, is at 94,200 - 94,700 VND/kg. Domestic coffee prices have increased dramatically from 6,100 to 6,300 VND/kg compared to yesterday. The market is in turmoil, robusta coffee prices have increased dramatically by more than 300 USD/ton.
Domestic coffee prices today
Domestic coffee prices today, July 16, in the Central Highlands region increased unexpectedly, fluctuating between 94,200 - 94,700 VND/kg.
Accordingly, traders in Lam Dong province are purchasing coffee at 94,700 VND/kg. A shocking increase of 6,200 VND/kg compared to yesterday.
Similarly, coffee price in Dak Lak province is 94,600 VND/kg, an increase of 6,300 VND/kg compared to yesterday.
Coffee prices in Gia Lai province increased by VND6,100/kg compared to yesterday and were traded at VND94,400/kg.
In Lam Dong province, in Ward 1 Bao Loc, Hoa Ninh Commune, Duc Trong Commune, and Dinh Van Lam Ha Commune, coffee prices increased by VND6,200/kg compared to yesterday and are at VND94,200/kg.
World coffee prices today
On the London Stock Exchange, the online price of Robusta coffee futures contract for September 2025 delivery closed this morning's trading session on July 16 at 3,442 USD/ton, down 2.19% (77 USD/ton) compared to yesterday's trading session; the futures contract for November 2025 delivery decreased 2.28% (79 USD/ton), to 3,386 USD/ton.
Similarly, on the New York Stock Exchange, compared to yesterday, the price of Arabica coffee futures for September 2025 delivery decreased by 1.37% (4.15 US cents/pound), to 297.7 US cents/pound; the contract for December 2025 delivery decreased by 1.36% (4 US cents/pound), reaching 290.85 US cents/pound.
According to Reuters, the US threat to impose a 50% tax on most imports from Brazil has caused coffee prices to surge in the first trading session of the week. Roasters in the US are rushing to buy in large quantities before the new tax is expected to take effect on August 1.
Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to ease tensions, but also vowed to retaliate if the US actually implements the new tariffs.
The United States is currently the world’s largest coffee consumer, with about 33% of its coffee coming from Brazil. A U.S. coffee trader said that if the 50% tariff is imposed, roasters will step up purchases of all Brazilian coffee that has arrived at the old 10% tariff, and may cancel some old contracts to avoid the high tax.
Industry experts warn that if the new tariffs are implemented, nearly all Brazilian coffee exports to the US will be halted, while the US will have difficulty finding alternative sources of comparable prices and quantities.
The tariff increase will not only directly affect the supply chain, but could also cause the already high coffee prices in the US to continue to escalate, reducing domestic demand. In the long term, as abundant supply from Brazil is diverted to other markets, global coffee prices are also at risk of being pressured.