The trading session on October 18, 2026, saw a return to bullish sentiment on international commodity exchanges. Following slight corrections due to psychological pressure from the new harvest, technical buying and concerns over existing supply drove green coffee bean prices up across both London and New York.
Global market: New York Arabica hits one-month high, Robusta recovers
On ICE Futures US (New York), December 2026 Arabica futures surged by 3.66%, breaking through the 305.6 US cents/lb mark. This is the highest price for this commodity in the past month. The strong rally in New York was primarily triggered by certified stockpiles at very low levels, raising concerns about order fulfillment as delivery deadlines approach.
Meanwhile, on ICE Futures Europe (London), November 2026 Robusta futures also recovered positively, rising 1.16% (equivalent to an increase of approximately $41/ton) to close at $3,414/ton. Robusta's sustained upward momentum helped alleviate downward price pressure that had emerged as the market received scattered harvest news from Asia.
In contrast to the trends on the two benchmark exchanges, December 2026 Arabica futures on the BMF Bovespa exchange (Brazil) dipped slightly by 0.24% to $375.05 per 60-kg bag. This divergence reflects local technical adjustments as logistics activities at South American ports continue to be closely monitored.
Domestic market: Ungraded green bean prices hold steady at VND 93,000/kg
Following the recovery on the London exchange, the domestic coffee market in the Central Highlands continued to maintain stability at high levels. Today, ungraded green coffee beans were purchased by dealers and businesses at prices ranging from VND 92,100 to VND 93,000/kg.
Detailed purchase prices in key localities are recorded as follows:
- Dak Nong: Continues to have the highest purchase prices in the region, reaching VND 93,000/kg.
- Dak Lak and Gia Lai: Trading prices remain stable at VND 92,800/kg.
- Lam Dong: Recorded a purchase price of VND 92,100/kg.
Although Vietnam is beginning to enter the scattered harvest phase of the new crop year, the volume of goods brought to market remains limited. This has helped domestic prices maintain their high position, without being weighed down by selling pressure.
Key factors: Inventory pressure and anticipation of the new harvest
The sharp price increase for New York Arabica stemmed directly from certified stockpiles on the ICE exchange hitting very low levels (recorded at approximately 238,976 bags). The market fears that these stocks will not be replenished in time before year-end futures contracts expire, forcing short positions to cover shortages.
For the Robusta market, price movements are influenced by a mix of upward momentum from New York and cautious sentiment as Vietnam—the world's largest Robusta exporter—prepares to enter the peak harvest season. Farmers in the Central Highlands are currently tending to closely observe global price trends before making selling decisions, helping to prevent a sharp decline in domestic price levels.