Coffee Prices Today September 12: London Market Extends Gains, Domestic Prices Near 120,000 VND/kg

Coffee prices moved in opposite directions today, with robusta gaining another 44 USD/ton while arabica slipped by 0.95 US cents/pound. In Vietnam’s domestic market, traders continued to raise purchase prices to between 117,800 and 118,500 VND/kg, an increase of 1,300–1,800 VND/kg compared to the previous day.

Domestic Coffee Market Update

Surveys show that coffee prices in the Central Highlands continued to rise sharply by 1,300–1,800 VND/kg, reaching between 117,800 and 118,500 VND/kg.

• In Đắk Nông, after a 1,600 VND/kg increase, coffee is being purchased at the highest rate of 118,500 VND/kg.
• In Đắk Lắk, prices climbed 1,400 VND/kg to 118,200 VND/kg.
• In Gia Lai, prices rose 1,300 VND/kg to 118,000 VND/kg.
• Lâm Đồng recorded the strongest increase of 1,800 VND/kg, reaching 117,800 VND/kg, though it still remains the lowest-priced area in the region.

Domestic Coffee Prices (VND/kg):

• Đắk Lắk: 118,200 (+1,400)
• Lâm Đồng: 117,800 (+1,800)
• Gia Lai: 118,000 (+1,300)
• Đắk Nông: 118,500 (+1,600)

Exchange Rate (USD/VND): 26,166 (+4)

Global Coffee Market Update

At the close of trading on September 11, robusta futures on the London Exchange for September 2025 delivery rose 0.94% (44 USD/ton) to 4,737 USD/ton. The November 2025 contract gained 0.98% (44 USD/ton) to 4,521 USD/ton.

Meanwhile, on the New York Exchange, arabica futures for September 2025 delivery fell 0.24% (0.95 US cents/pound) to 400.05 US cents/pound. The December 2025 contract slipped 0.21% (0.8 US cents/pound) to 386.1 US cents/pound.

According to Barchart, the stronger Brazilian real supported coffee prices as the currency reached its highest level in 14 months against the U.S. dollar. A stronger real discourages coffee producers in Brazil from exporting.

Tightened inventories also lent support to prices. ICE-certified arabica stocks fell to their lowest in 16 months at 669,991 bags as of September 11. Robusta inventories also dropped to a two-week low of 6,563 lots, just above the seven-week low of 6,552 lots recorded on August 28.

Reuters cited Rabobank, which stated:
“Coffee prices continue to rise, albeit at a slower pace, due to tight supply conditions driven by U.S. tariffs, declining certified stocks, lower-than-expected forecasts for Brazil’s 2025 arabica crop, and ongoing fund buying.”

However, the bank added that prospects for Brazil’s 2026–2027 arabica crop remain favorable and could significantly impact future prices.

The U.S. Climate Prediction Center noted that the current neutral ENSO pattern is likely to shift to La Niña in the coming months, with a 71% probability between October and December.

U.S. consumer prices in August recorded their strongest increase in seven months, with tariffs contributing to higher coffee prices.

Meanwhile, Brazil’s coffee exports to the U.S. dropped 46% in August compared to last year after the Trump administration imposed a 50% tariff on imports from Brazil.

Traders highlighted that the question of whether U.S. President Donald Trump exceeded his authority in imposing tariffs will be taken up by the Supreme Court in November, with a ruling unlikely before early next year.

In Vietnam, the world’s largest robusta producer, traders remain optimistic about the upcoming harvest thanks to favorable weather. By contrast, in Indonesia, the third-largest robusta supplier, harvesting is facing difficulties due to heavy rainfall.