Vietnamese coffee prices continue to rise

Coffee prices in Vietnam's Central Highlands provinces remained high in March, reaching 135,000 VND/kg before rising to 135,400 VND/kg in Dak Lak and Dak Nong, and 135,300 VND/kg in Gia Lai on March 26. The increase is due to a limited supply and an expected decrease in coffee output in the 2024-2025 crop year, resulting from a prolonged drought and conversion of coffee gardens to durian cultivation. The Vietnam Coffee - Cocoa Association predicts a 5% decrease in coffee output to 27 million bags. Despite the decrease in output, Vietnam's coffee export turnover increased by 37% in the first two months of 2025 due to a significant increase in export prices, driven by a global rise in coffee prices.

In March, coffee prices in the Central Highlands provinces continued to remain high. On March 20, coffee prices reached 135,000 VND/kg. After a slight decrease in the following days, on March 26, coffee prices skyrocketed to 135,400 VND/kg in Dak Lak and Dak Nong, and 135,300 VND/kg in Gia Lai. According to information from Mr. Do Ha Nam, Vice President of the Vietnam Coffee and Cocoa Association (VICOFA), in March, there was a time when coffee prices reached 137,000 VND/kg. According to some coffee traders, at this time, it is difficult to predict how high Vietnamese coffee prices will reach this year, but they will certainly increase in the coming time due to limited supply. Vietnam's coffee output is expected to decrease in the 2024-2025 crop year due to the impact of prolonged drought in the Central Highlands during the 2024 dry season. In addition, the coffee area continues to decrease as many coffee gardens intercropped with durian trees, garden owners cut down coffee ...