HANOI: Robusta coffee prices in Vietnam fell this week following global cues and due to lacklustre activity at the end of the crop year, while premiums for Indonesian robusta rose slightly, traders said on Thursday.
Farmers in the Central Highlands, Vietnam’s coffee belt, sold beans at 95,700 dong to 96,200 dong (USD3.67 to USD3.69) per kg, down from last week’s 97,200 to 97,700 dong range. November robusta coffee futures settled down USD77, at USD3,614 per metric ton on Wednesday. “There is virtually no trade at the moment. Most traders are waiting for the new crop while farmers have already released all their beans,” said a trader based in the coffee belt.
Another trader based in the Dak Lak province of Central Highlands said that output from the area would be similar to the year before. The trader offered 93,700 dong per kg for coffee to be delivered in December. Vietnam’s 2026/27 robusta coffee crop could see a slight increase in output, though the threat posed by this year’s El Niño should not be underestimated, the vice chairman of the Vietnam Coffee-Cocoa Association, told Reuters.
In Indonesia, Sumatra robusta coffee beans were offered at USD260 premium to the November contract this week, a trader said, slightly up from USD250 premium last week for the same period. Another trader said beans were offered at USD175 premium to the September contract, unchanged from a week ago.
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