VINAGRI News - Domestic coffee prices in Vietnam fell again on November 11, down by VND 300 - 1,000 per kilogram, amid a slight decline in global robusta futures on the London exchange.
Summary:
> Domestic prices: VND 117,600 - 119,000/kg, down VND 300 - 1,000/kg.
> London ICE January 2026 futures: US$4,623/tonne (-0.53%).
> Domestic robusta price ≈ VND 2,900/kg lower than London futures.
> ICE inventories: arabica at 416,703 bags, robusta at 5,873 lots.
> Forecast: prices likely stable to slightly higher, US$4,600 - 4,700/tonne.
Vietnam’s domestic coffee prices declined on Monday (November 11), dropping by VND 300 - 1,000/kg to range between VND 117,600 and 119,000/kg across the Central Highlands region - the country’s key coffee-growing area.
On the London ICE exchange, January 2026 robusta coffee futures fell slightly by 0.53% (-US$25) to US$4,623/tonne, while November 2025 contracts also dropped by 0.53% (-US$25) to US$4,637/tonne.
At the current exchange rate of US$1 = VND 26,308, the January 2026 robusta contract is equivalent to about VND 121,600/kg, which is VND 2,900/kg (≈ US$110/tonne) higher than the average domestic price of VND 118,700/kg.
ICE-monitored coffee inventories continued to decline, offering some support to prices. Arabica stocks dropped to a 1.75-year low at 416,703 bags, while robusta stocks fell to 5,873 lots, the lowest in 3.75 months.
Looking ahead, market sentiment remains cautious. While tight supply and low inventories continue to support prices, forecasts of higher upcoming output may limit further gains.
For the November 11 trading session, January 2026 robusta futures are expected to trade sideways or slightly higher, fluctuating within the range of US$4,600 - 4,700 per tonne.
NPK/ Vinagri News
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