Coffee prices in Dak Lak and Lam Dong fell for 8 straight sessions to below 90,000 dong per kg, after reaching 104,000 dong in August. On the morning of October 28, prices edged up 200 dong to 88,500 dong per kg but remained about 15% below the August recovery and 35% below the March peak. In world markets, New York Arabica for December 2026 delivery fell 2.39% to 293.75 US cents per pound, while London Robusta for November 2026 delivery rose 1.44% to USD 3,240 per tonne. Vicofa said the 2026-2027 harvest enters its main season from November and forecast that Vietnam's coffee exports could rise 8-10% from 2025. USDA projects record global output of 189.7 million 60-kg bags for 2026-2027, exceeding demand by nearly 10 million bags, which raises oversupply risk and pressure on prices.
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Original headline: Giá cà phê lao dốc
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