Unexpected increase again

Domestic coffee prices today

Specifically, in Di Linh, Lam Ha, Bao Loc districts ( Lam Dong ), today's coffee price is purchased at 115,500 VND/kg.

In Cu M'gar district ( Dak Lak ), today's coffee price is at 116,200 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho district (Dak Lak), today's coffee price is purchased at the same level of 116,100 VND/kg.

Similarly in Dak Nong province, today's coffee purchase price is at 116,200 VND/kg in Gia Nghia and 116,100 VND/kg in Dak R'lap.

In Gia Lai province, coffee price today is at 116,100 VND/kg (Chu Prong), in Pleiku and La Grai the price is 116,000 VND/kg.

Today's coffee price in Kon Tum province is purchased at 116,100 VND/kg.

Province/district (survey area)	Average (Unit: VND/kg)	Change from yesterday (Unit: VND/kg)
Dak Lak	116,200	+1,500
Lam Dong	115,500	+1,700
Kon Tum	116,100	+1,600
Gia Lai	116,100	+1,600
Dak Nong	116,200	+1,700

Vietnam earned nearly $4.4 billion from coffee exports in the first nine months of the year, a 40% jump from the previous year. Coffee export prices have been steadily rising, with the average price in September hitting a record $5,469 per ton. In total, the average coffee export price for the nine months was $3,897 per ton, up 56% from the previous year.

Coffee has become the agricultural product with the most remarkable price increase among Vietnam's main export products. As a result, Vietnam earned nearly 4.4 billion USD from coffee in 9 months, up 40% compared to the same period in 2023 and has surpassed the total turnover of the previous year.

The Ministry of Agriculture and Rural Development expects coffee export revenue this year to exceed $5 billion and could reach $6 billion thanks to high prices.

World coffee prices today

At the end of the most recent trading session, the price of Robusta coffee in London for November 2024 delivery increased by 146 USD/ton, at 5,067 USD/ton, and for January 2025 delivery increased by 139 USD/ton, at 4,859 USD/ton.

Arabica coffee price for December 2024 delivery increased by 5.30 cents/lb, to 257.35 cents/lb, and for March 2025 delivery increased by 5.15 cents/lb, to 255.65 cents/lb.

Coffee prices have recovered rapidly as coffee supplies remain tight and Brazil is experiencing a record drought.

Source: https://baodaknong.vn/gia-ca-phe-hom-nay-6-10-2024-bat-ngo-tang-tro-lai-231021.html