Coffee Trade in Vietnam, Indonesia Muted on Holiday

Coffee Trade in Vietnam, Indonesia Muted on Holiday

Coffee trade in Vietnam was subdued this week due to tightening supplies and weak demand, with traders awaiting new beans from rival Indonesia, whose market is currently closed for a holiday, traders said on Thursday.

Farmers in the Central Highlands, Vietnam's coffee belt, sold beans at 87,200 dong to 87,700 dong ($3.31 to $3.33) per kg, up from last week's 85,500 dong to 86,100 dong. Robusta coffee for September delivery settled $43 higher, at $3,382 a ton on Wednesday.

"Many farmers continue to hold onto their stocks in anticipation of a stronger price rebound, while exporters are closely monitoring developments in both Indonesia and Brazil before stepping up purchases," said a trader based in the coffee belt. Another trader noted uneven rainfall across coffee-growing areas, raising concerns about output in the upcoming season.

The U.S. Department of Agriculture's Foreign Agricultural Service said Vietnam's 2026/27 production is forecast to increase to 32.5 million 60-kg bags of green coffee due to production expansion driven by 2024-2025 price peaks.