Vietnam Coffee Prices Drop Below 94,000 Dong

The decline tracks global benchmarks. London robusta for November delivery fell 3.7% on the week to $3,396 a ton, while January robusta dropped 3.8% to $3,373. On ICE’s New York exchange, December arabica eased 1.8% to 280.5 cents a pound.

Traders said robusta prices in Vietnam weakened because buying interest thinned even as supplies remained tight. Offers for grade 2 robusta were still quoted at premiums of $100 to $150 a ton over the November contract, but few fresh deals were completed.

Inventory data also pressured the market. ICE-monitored robusta stocks climbed to a 9.5-month high of 5,043 lots, while arabica inventories rose by 10,528 bags to 258,415 bags, the highest in 1.5 months. That matters for investors because exchange stock builds often dampen nearby prices and can quickly alter spreads across the coffee curve.

Weather has not yet offered a bullish counterweight. Traders said rainfall eased in Vietnam’s growing regions and is unlikely to hurt the crop, while dry conditions in Indonesia are supporting fruit development. At the same time, heavy Brazilian exports have eased immediate shortage fears, with green coffee shipments in the first two weeks of September averaging 13,500 tons a day, up 51.5% from the same period last year.

For producers, the message is clear: supply is not abundant, but it is arriving fast enough to cap rallies. For roasters and food companies, lower bean costs offer some relief after a volatile run, though the market remains sensitive to weather and export flows in Brazil and Southeast Asia.