July 15, 2026 | 20:23 GMT +7
Hotline: 0913.378.918
July 15, 2026 | 20:23 GMT +7
Hotline: 0913.378.918
Global coffee prices today rebounded sharply across major exchanges, supported by technical buying after the market entered oversold territory following a recent steep decline.
On the London exchange, July 2026 robusta futures rose 1.58% ($ 52/ton) from the previous session to $ 3,345/ton. The September 2026 contract gained 2.07% ($ 67/ton) to reach $ 3,297/ton.
Robusta coffee prices on the London exchange. (Source: giacaphe.com)
On the New York exchange, July 2026 arabica futures also increased by 1.64% (4 US cents/lb) to 248.4 US cents/lb. The September 2026 contract climbed 1.54% (3.7 US cents/lb) to 244.6 US cents/lb.
Arabica coffee prices on the New York exchange. (Source: giacaphe.com)
Coffee prices closed higher after hitting their lowest levels in around 18 months during the previous session.
According to traders, the rebound was largely driven by technical factors, as markets became oversold following the recent selloff.
Prices were further supported by short-covering activity after the Japan Meteorological Agency confirmed that an El Niño weather pattern has developed in the equatorial Pacific.
This development has raised concerns about potential extreme weather events, including floods, droughts, and temperature fluctuations, that could negatively affect coffee production in major growing regions across Asia and South America later this year.
However, market attention remains focused on Brazil’s harvest, where production is expected to approach record levels. Even so, rainfall this week could slow harvesting progress in some areas.
Robusta prices also received support as Vietnamese farmers appeared reluctant to sell after the recent price weakness, slowing the flow of supplies from the world’s largest robusta-producing country.
Coffee inventories monitored by ICE have been trending lower for the past two and a half months. ICE-certified arabica stocks fell to 402,709 bags as of June 10, their lowest level in six and a half months.
Similarly, ICE-certified robusta inventories dropped to a two-year low of 3,631 lots on May 15 and recovered slightly to 3,713 lots on June 10, but remain near historically low levels.
Thus, global coffee prices on June 11, 2026 reversed higher across major exchanges compared with the previous day.
In Vietnam, coffee prices in the Central Highlands declined by VND 700-800/kg.
According to market surveys, Dak Nong (new Lam Dong Province) recorded the steepest decline, down VND 800/kg to VND 84,800/kg.
In Dak Lak and Gia Lai, coffee prices also fell by VND 700/kg to VND 84,800/kg.
Meanwhile, Lam Dong prices dropped by VND 700/kg to VND 84,300/kg, the lowest level in the region.
$ 1 = VND
Translated by Hoang Duy
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