AsemconnectVietnam - According to Kinhtedothi, domestic pepper prices remained unchanged at VND 93,500 – VND 93,800 per kilogram on July 21, 2025.

In Di Linh, Lâm Hà, and Bảo Lộc (Lâm Đồng Province), coffee is being purchased at VND93,500/kg.
In Cư M’gar (Đắk Lắk), the price is VND93,800/kg. In Ea H’leo and Buôn Hồ, it's VND93,700/kg.
In Đắk Nông (Lâm Đồng Province), coffee is being purchased at VND94,000/kg, while in Gia Nghĩa and Đắk R’lấp, it's VND93,900/kg.
In Gia Lai Province: Chư Prông at VND93,800/kg; Pleiku and La Grai at VND93,700/kg.
In Kon Tum (Quảng Ngãi Province), the price is VND93,700/kg.
Domestic coffee prices remain stable compared to yesterday morning.
Global market:
Beyond macroeconomic factors, coffee continues to face supply-side pressure as Brazilian coffee steadily enters the market. Inventory levels on both major exchanges are rising, putting downward pressure on prices.
In the latest trading session:
• Robusta coffee on the London exchange:
o September 2025 contract: up USD36/tonne, to USD3,348/tonne
o November 2025 contract: up USD34/tonne, to USD3,322/tonne
• Arabica coffee on the New York exchange:
o September 2025 contract: down 3.6 cents/lb, to 303.6 cents/lb
o December 2025 contract: down 2.75 cents/lb, to 295.95 cents/lb
Last week recap:
• Robusta rose USD132/tonne
• Arabica rose 17.1 cents/lb
• Domestic prices increased by VND4,000/kg on average.
Market outlook:
According to expert Nguyễn Quang Bình, market drivers include the U.S. countervailing tariff policies set to take effect on August 1. Businesses are accelerating shipments from Brazil to the U.S. before this deadline. This has supported Arabica prices despite a strong USD and ongoing harvest pressure.
Additionally, the U.S. House of Representatives recently passed a bill establishing a regulatory framework for stablecoins tied to the USD. This could draw capital toward cryptocurrencies and slow down commodities trading. The market is also closely watching the Fed’s potential interest rate cuts.
Despite macroeconomic factors, Brazilian coffee continues to flow steadily into the market. The country’s harvest is progressing at a regular pace, with no major weather disruptions. Inventory levels are increasing on both major exchanges, further pressuring prices. Speculators are frequently taking short-term profits, causing high volatility—even within a single session.
The expert forecasts that the market will likely trend upward in early week due to continued strong Brazilian shipments to the U.S., but prices may decline later in the week due to pressure from the USD and high stockpiles.
T.Huong
Source: Vitic