Vietnam Coffee Prices Fall as New Harvest Expands Supply

In the Central Highlands, coffee traded at 85,200-86,000 dong per kilogram, down sharply from 93,000-94,000 dong in the second half of October. Dak Lak led the market at 86,000 dong, followed by Gia Lai at 85,700 dong, Dak Nong at 85,500 dong and Lam Dong at 85,200 dong.

Global coffee futures offered some support but not enough to lift local prices. London robusta for November 2026 stood at $3,219 a metric ton and January 2027 at $3,204, while New York arabica for December 2026 was 287.20 US cents a pound.

The pressure point remains the arrival of new-crop beans, which is increasing available supply just as traders and processors digest weaker nearby prices. If London robusta holds its rebound, domestic prices could stabilize around the 85,000-86,000 dong range, but the market still looks fragile until harvest volumes ease.

Pepper was steadier, with prices quoted at 134,000-136,500 dong per kilogram. Dak Lak remained the highest at 136,500 dong, while Gia Lai and Binh Phuoc were at 134,000 dong.

That stability matters because pepper farmers and exporters have just absorbed a sharp late-October selloff, and a pause can help clear some of the pressure on inventories and cash flow. The spread between the top and bottom local quotes is now 2,500 dong a kilogram, still below the 140,000 dong level seen earlier.

International pepper prices were also relatively calm, with Indonesian black pepper around $6,800 a ton, Malaysian pepper near $9,100 and Brazil ASTA 570 around $5,700. Vietnamese black pepper export grades were quoted at about $5,950 a ton for 500 g/l and $5,995 for 550 g/l.

For investors and traders, the key near-term catalysts are the pace of Vietnam’s coffee harvest, London robusta futures and buying demand from exporters. Coffee remains the more vulnerable market, while pepper looks more like a consolidation story for now.