Central Highlands Coffee Continues "Heating Up" at 124,000 VND/kg: Weather and Supply-Demand Determine Market

5% Rally in Past Week

Domestic coffee prices continue climbing to 123,500-124,000 VND/kg, up over 5% from last week. From my agricultural market monitoring experience that Bob Volman taught me, consecutive increases like this usually reflect fundamental supply-demand changes rather than just random fluctuations.

Weather Factors Continue Influence

Commodity markets are closely tracking supply-demand and weather fluctuations, especially climate conditions in the Central Highlands region. Being originally from Pleiku, I understand well how weather can impact coffee productivity. Changes in rainfall, temperature, or drought periods can all directly affect coffee yield and quality.

Global Supply-Demand Analysis

According to the Price Action method Al Brooks taught, when prices rise continuously with high volume, this shows strong demand exceeding current supply. Globally, Brazil - the largest coffee producer - is also facing weather challenges, adding pressure on global coffee prices.

Black Pepper Also Following Upward Trend

Not just coffee, black pepper prices also continue maintaining upward trends. With the TramNgo FX-Crypto Community, we see this as a general trend across agricultural markets, reflecting changes in global supply-demand after the pandemic and climate factors.

Impact on Farmers and Exports