Coffee Prices Today, Nov 15: London’s 5th Consecutive Drop, Domestic Prices Fall Below 110,000 VND/kg

Coffee prices continued their downward trend today. Robusta lost another $120/ton, dragging Vietnamese domestic coffee prices down by 2,300-2,700 VND/kg to a range of 108,700 – 110,500 VND/kg. Supply is being supplemented by the ongoing harvest in Vietnam, while the US has officially granted tariff exemptions for several food items, including coffee.

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Vietnam Domestic Coffee Prices

As of 10:30 AM on November 15, coffee prices in the Central Highlands were trading between 108,700 and 110,500 VND/kg, representing a sharp decrease of 2,300 – 2,700 VND/kg from the previous day.

• Dak Lak: Prices fell by 2,500 VND/kg, retreating to 110,500 VND/kg.
• Dak Nong: Prices also fell by 2,500 VND/kg, matching Dak Lak at 110,500 VND/kg.
• Gia Lai: Recorded the sharpest drop of the day, falling 2,700 VND/kg to 109,800 VND/kg.
• Lam Dong: Remains the lowest-priced region at 108,700 VND/kg, following a 2,300 VND/kg reduction.

Global Coffee Market Update

At the close of the November 14 trading session, both markets continued to fall:

• Robusta (London): Futures fell for the fifth consecutive day. The November 2025 contract dropped 2.74% ($120/ton) from the previous session, closing at $4,249/ton. The January 2026 contract fell 2.75% ($120/ton) to $4,223/ton.
• Arabica (New York): Prices continued their mild decline. The December 2025 contract fell 0.46% (1.9 US cents/lb) to 399.80 US cents/lb. The March 2026 contract decreased 0.25% (0.25 US cents/lb), settling at 374.00 US cents/lb.

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Market Analysis

US Tariff Exemptions and the Brazil Situation

In addition to pressure from Vietnam’s harvest, Robusta prices are being influenced by major tariff developments in the US.

According to Bloomberg, President Donald Trump issued an executive order on November 14 exempting beef, tomatoes, coffee, and bananas from “reciprocal tariffs.” This move is aimed at lowering food costs as the administration faces pressure from voters to reduce prices on essential goods.

These exemptions will reduce trade tariffs on items that the White House stated cannot be produced sufficiently in the US to meet domestic demand. The order is retroactive to 12:01 AM New York time on November 13.

Recent coffee price spikes were linked to US tariffs on Brazil, which disrupted trade between the two nations. According to the Brazil Coffee Exporters Association (Cecafé), Brazil’s coffee exports to the US fell by 50% from August to October when the tariffs were applied.

However, a White House official, speaking on the condition of anonymity, clarified that the changes announced on Friday only affect the 10% “reciprocal” tariff. This means the additional 40% supplementary tariff—imposed in relation to the prosecution of former Brazilian president and Trump ally, Jair Bolsonaro—remains in place.

This clarification means that significant tariffs still apply to Brazilian coffee and beef.

Market Waits for a Brazil-Specific Deal

Coffee traders, according to Reuters, noted that there has been no news of a specific deal with Brazil, the world’s largest Arabica producer and supplier of about one-third of US coffee. “Brazil is the important factor,” one trader stated.

While the US announced agreements with several other Latin American countries on Thursday—including Argentina, Guatemala, El Salvador, and Ecuador—to help reduce the cost of various goods, Brazil was not included.

Brazil, which currently faces a 50% tariff on its US shipments, may be holding out while awaiting a US Supreme Court ruling on the legality of the tariffs, and is also closely monitoring growing dissatisfaction with the Trump administration’s policies.