VINAGRI News - Global coffee exchanges reopen today, with Robusta prices expected to stabilize and recover slightly amid tight global supplies and harvest disruptions in Vietnam’s Central Highlands.
Summary:
> ICE London Robusta January 2026 closed at USD 4,540/ton last Friday.
> Domestic coffee prices in Vietnam remain around VND 116,800/kg.
> ICE-monitored coffee inventories have fallen sharply.
> Ongoing rain and storm activity in Vietnam may affect harvest progress.
> Robusta futures likely to trade between USD 4,560 - 4,620/ton with mild recovery expected.
On Monday, November 3, major global coffee exchanges - including ICE New York (Arabica) and ICE London (Robusta) - are set to open for the first trading session of the week at around 4 p.m. (Vietnam time).
At the close of last Friday’s session, Robusta coffee for January 2026 delivery settled at USD 4,540 per ton, while Arabica for December 2025 delivery stood at USD 8,640 per ton.
Converted to Vietnamese currency at the current exchange rate of VND 26,310 per USD, the January 2026 Robusta contract equals approximately VND 119,500 per kilogram.
In Vietnam’s Central Highlands - the country’s key coffee-growing region — domestic coffee prices on the morning of November 3 remained largely unchanged, ranging between VND 115,600 and 117,000 per kilogram. With an average of VND 116,800 per kilogram, local prices are currently about VND 2,700 per kilogram (equivalent to roughly USD 103 per ton) lower than the London January 2026 Robusta futures price.
Coffee stocks monitored by ICE have fallen sharply due to the 50% U.S. import tariff on Brazilian coffee, tightening global supply. Specifically, Arabica inventories dropped to 431,728 bags, the lowest level in 19.5 months, while Robusta inventories declined to 6,077 lots, the lowest in 3.5 months.
Meanwhile, weather conditions in Vietnam’s Central Highlands have been persistently rainy in recent days, disrupting the coffee harvest. Tropical Storm No. 13 is also moving into the East Sea and could bring further rain to the region in the coming days.
For the trading session on November 3, 2025, Robusta coffee prices on ICE London (January 2026 contract) are expected to move within a narrow range and show a mild recovery following a sharp 2% drop in the previous session.
Prices are projected to trade between USD 4,560 and 4,620 per ton, supported by technical buying and concerns over potential supply disruptions in Vietnam due to adverse weather conditions.
NPK/ Vinagri News
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