VINAGRI News - Domestic robusta coffee prices in Vietnam continued to decline slightly on October 11, falling by 500 - 700 VND/kg, despite a sharper drop in London futures. Analysts attribute the limited domestic decline to tight local supply and low inventories, even as global prices were pressured by financial and technical factors.
Summary:
> London robusta futures (Nov 2025) fell 1.92% (-88 USD/t) to 4,480 USD/t on October 10.
> Domestic prices in Vietnam’s Central Highlands dropped 500 - 700 VND/kg to 113,200 - 114,000 VND/kg.
> The local price remains about 4,200 VND/kg (≈160 USD/t) lower than London’s futures.
> Market analysts say tight domestic supply helped cushion the fall.
> The London market decline was driven by profit-taking, a stronger USD, and lower crude oil prices.
Domestic robusta coffee prices in Vietnam continued to ease on October 11, falling by 500 - 700 VND per kilogram to 113,200 - 114,000 VND/kg across the Central Highlands.
In contrast, London robusta futures for November 2025 fell sharply on Friday (October 10), closing at 4,480 USD/ton, down 1.92% (-88 USD) from the previous session. The January 2026 contract also dropped 1.80% (-81 USD) to 4,391 USD/ton. Converted to Vietnamese currency, the November 2025 futures price equals roughly 118,000 VND/kg.
With an average domestic price of 113,800 VND/kg, Vietnamese robusta is currently trading about 4,200 VND/kg (around 160 USD/ton) below the London futures price, based on an exchange rate of 1 USD = 26,340 VND.
Unlike the previous day, when local prices mirrored the global market more closely, Friday’s sharp fall in London had only a mild impact domestically. Analysts view this as a positive sign for farmers, suggesting local fundamentals remain supportive.
Market observers attribute the steep decline on the London exchange mainly to financial and technical factors, including profit-taking, a stronger U.S. dollar, and falling crude oil prices. Meanwhile, the Vietnamese market remains short on physical stocks, limiting the price reaction.
Experts note that if London prices continue to drop for another one or two sessions, domestic prices in Vietnam could start to reflect the decline more noticeably in the coming days.
NPK/ Vinagri News
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