VINAGRI News - Vietnamese coffee prices continued their upward trend on January 2, 2026, with robusta trading at 97,700 - 98,600 VND/kg. Global robusta futures on ICE London are forecasted to maintain mild gains, supported by supply concerns in Indonesia and low ICE inventories, while arabica in New York faces pressure from a strong US dollar.
Summary:
> Vietnamese robusta: 97,700 - 98,600 VND/kg (up 200 - 400 VND/kg)
> ICE London March 2026 robusta futures: 3,949 USD/ton (~103,800 VND/kg)
> ICE New York March 2026 Arabica futures: 348.75 US cents/pound (~7,688 USD/ton)
> Market outlook: Robust futures expected to rise slightly or trade sideways; Arabica pressured by a strong USD
> Main drivers: Supply concerns in Indonesia, weather risks in Brazil, and low ICE inventories
Vietnamese coffee prices continue rising
On Friday, January 2, 2026, coffee prices in Vietnam’s Central Highlands increased by 200 - 400 VND/kg, reaching 97,700 - 98,600 VND/kg. With an average price of 98,500 VND/kg, domestic robusta remains around 5,300 VND/kg lower than March 2026 futures on ICE London, equivalent to roughly 201 USD/ton.
Global coffee exchanges, including ICE New York (Arabica) and ICE London (Robusta), reopened at around 16:00 Vietnam time after the New Year holiday. At the close of December 31, March 2026 robusta futures on ICE London stood at 3,949 USD/ton, while March 2026 arabica futures on ICE New York were at 348.75 US cents/pound (7,688 USD/ton).
Converted into Vietnamese dong at the current exchange rate of 1 USD = 26,300 VND, robusta futures are equivalent to 103,800 VND/kg, showing a moderate premium over domestic prices.
Factors supporting robusta coffee prices
Limited supply from Indonesia: Flooding in North Sumatra may reduce robusta exports by up to 15% in the 2025 - 2026 season.
Weather concerns in Brazil: The main arabica-growing region received only 11.1 mm of rainfall in the week ending December 26, keeping global coffee markets sensitive to supply risks.
Low ICE inventories: Robusta stock levels fell to a one-year low in early December, with a minor recovery in recent sessions, still providing support for prices.
Futures market outlook
Analysts expect March 2026 robusta futures on ICE London to either rise slightly or trade sideways, ranging between 3,940 - 4,000 USD/ton. Key resistance lies at 3,980 - 4,020 USD/ton, which may trigger short-term profit-taking, while support is found around 3,900 - 3,920 USD/ton.
The opening session of 2026 is expected to remain supported by supply concerns and low inventories, although a strong US dollar may apply some downward pressure, particularly on arabica futures.
NPK/ Vinagri News
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