Market reference
Name the Robusta benchmark, contract month, observation time and currency.
Which reference, which month, and when?
A headline market price cannot tell you the grade, preparation, shipment window, packing, documents or trade costs behind a physical offer. Use this guide to put every Vietnamese Robusta quote on the same commercial basis before you negotiate.
Published 23 July 2026 · Pricing method, not a current market quotation
The direct answer
Compare the same coffee, at the same quality level, under the same trade term, for the same shipment window and within the same validity period. Until those lines match, the lower price may only be a different product or a different allocation of cost and risk.
The price stack
Treat the quotation as a stack of decisions. The benchmark is only the first layer; the physical coffee and the sales contract complete the offer.
Name the Robusta benchmark, contract month, observation time and currency.
Which reference, which month, and when?
The origin, availability, shipment window and local market can move the physical offer above or below a benchmark.
What physical coffee and delivery window?
Grade, screen, defect limits, moisture, cleaning, color sorting, processing method and cup requirements change what is being supplied.
What specification is included?
Certification status, traceability, testing, inspection and destination-specific documents must be defined rather than assumed.
What evidence must travel with the lot?
Bag format, container loading, inland movement, freight, insurance and port charges depend on the named trade term and place.
Where does the seller’s cost and risk end?
Payment timing, quote validity, quantity tolerance, claim terms and replacement risk can make two nominally similar offers economically different.
How long is the offer firm, and on what terms?
Working model
Market reference + physical differential + preparation + compliance + logistics + commercial terms = the offer you can actually compare
Benchmark ≠ shipment quote
ICE describes its Robusta futures contract as a global benchmark for physical Robusta coffee. Its standardized contract has a defined size, quotation unit, delivery structure and quality basis. The ICO also publishes composite and group indicators used to observe broader coffee price movements.
These references are useful for market context and price-fixing discussions. They do not, by themselves, quote your requested Vietnamese grade into a named port with your packaging, tests, documents, payment and shipment dates.
Quote normalization tool
Copy these fields into a worksheet. Do not rank suppliers until every material blank has been answered or explicitly excluded.
| Comparison line | Make the supplier state | Why it changes the comparison |
|---|---|---|
| Product identity | Origin, crop, process, grade, screen, preparation and intended use | “Vietnam Robusta” alone is not a comparable specification. |
| Quality limits | Moisture, black/broken beans, foreign matter, screen retention and agreed test method | Different tolerances can explain a real price gap. |
| Cup approval | Reference sample, cupping protocol, approval deadline and retention sample | A physical approval basis reduces disputes that a grade name cannot settle. |
| Market reference | Benchmark, contract month, timestamp, currency and whether the basis is fixed or open | A quote tied to a different month or observation time is not like-for-like. |
| Quantity | Metric tonnes, container count, tolerance and split-shipment rules | Small lots and fragmented shipments carry different handling economics. |
| Shipment window | Named month or date range, loading port and latest acceptable shipment date | Nearby and forward coffee can carry different availability risk. |
| Trade term | Incoterm® 2020 rule plus exact named port or place | FOB, CFR and CIF allocate different costs; a three-letter term without a place is incomplete. |
| Packaging | Bag material, net weight, liner, palletization, markings and fumigation requirements | Packaging choices affect cost, loading efficiency and destination handling. |
| Documents and controls | COA, phytosanitary certificate, certificate of origin, inspection, residue or microbiology scope | The quote should state what is included and what is buyer-arranged. |
| Payment | Deposit, balance trigger, banking instrument, fees and currency | Financing and payment risk are part of the commercial offer. |
| Quote validity | Expiry date, expiry time and timezone; repricing mechanism after expiry | A price without a validity window is an indication, not a firm basis for acceptance. |
Procurement note: a complete comparison sheet does not replace the final contract, approved sample, inspection plan or destination-market legal review.
A simple comparison example
Too many undefined lines: screen, defects, crop, port, documents, certificate scope, shipment and validity.
The buyer can now identify what is included, price the exclusions and compare the remaining commercial gap.
Why offers diverge
A price gap is not automatically proof that one supplier is expensive. First identify the variable each supplier has priced.
Screen retention, defect tolerances, cleaning, color sorting and processing change recovery, sorting effort and available volume.
Nearby shipment, forward shipment and off-season availability can carry different physical and execution risks.
A tightly approved profile can narrow the supplier’s eligible lot pool compared with a broad commercial grade.
Certification, traceability, laboratory scope, inspection and document preparation need a defined owner and cost.
Bag type, liners, markings, pallets and net container weight affect material use and freight efficiency.
Payment timing, financing, claims, tolerances and price validity change the risk retained by each party.
Commercial warning signs
Ask for the grade, screen, preparation, defect and moisture limits. A low number may simply describe a different coffee.
The named port or place matters. Require the full Incoterm® rule, location and version in the quotation and contract.
A differential is meaningless unless the reference contract, fixing method, timestamp and currency are clear.
Verify product scope, operator, certificate status, chain of custody and the transaction documents required for the shipment.
List the analytes, method, laboratory, sampling party, acceptance limits and responsibility for retesting or rejection.
Without both, the seller has not defined how long the economics and the physical availability behind the offer remain open.
Copy-ready RFQ
Send the same request to every shortlisted supplier. Where you do not yet know the right specification, ask for clearly labeled alternatives rather than allowing the supplier to silently choose.
Next step
Tell us the grade, quantity, destination, shipment window and required trade term. If a field is still open, we can quote labeled options instead of hiding the difference inside one number.
Frequently asked questions
A physical offer normally reflects a market reference plus the value of the specific origin, shipment window, grade, screen, preparation, compliance scope, packaging, logistics and commercial terms. Buyers should compare the complete specification and trade basis, not only the price per tonne.
No. ICE describes its Robusta futures contract as a global benchmark and specifies a standardized physically deliverable contract. An FOB Vietnam offer is for a particular physical coffee delivered under an agreed sales term at a named Vietnamese port. The physical differential, preparation and contractual costs still need to be defined.
The grade label may hide differences in defect tolerances, cleaning versus color sorting, crop and shipment timing, cup approval, packaging, testing, documents, payment and quote validity. Normalize those lines before treating the remaining gap as a supplier price difference.
Request the basis that matches your freight and insurance capabilities, but make every supplier quote the same basis and named place. Incoterms® rules allocate obligations, costs and risk; they do not make unlike quotations comparable by themselves.
There is no universal duration. The correct validity depends on market volatility, physical availability, freight and the seller’s ability to hold the offer. What matters is that the quotation states a firm expiry date, time and timezone, and explains what must be reconfirmed after expiry.
Send one RFQ to every supplier with the same product specification, quantity, shipment window, packaging, Incoterm and named place, testing and document scope, payment terms, pricing basis and required validity. Approve a representative sample against the same written specification before contracting.
This guide explains how to compare quotations. It does not publish a current price, predict the market or replace a contract, legal advice, customs advice or destination-specific compliance review.
Official contract description, quotation basis, contract size, delivery structure, quality basis and the role of the contract as a global physical Robusta benchmark.
Official explanation of the ICO Composite Indicator Price and the organization’s daily and monthly coffee market references.
Monthly reference material for price movements, trade, supply and demand; useful market context, not a substitute for a physical supplier quotation.
Authoritative framework for allocating delivery obligations, costs and risk between seller and buyer.
Clarifies what Incoterms® rules describe—obligations, risk and costs—and what still belongs in the sales contract.
Explains outright and futures-linked physical coffee pricing, differentials, price risk, quality, availability and contract considerations.
Industry contract reference for technical quality descriptions, including crop year, grade, screen, color, cup, roast evaluation and moisture.
Source access and page methodology reviewed 23 July 2026.
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