Vietnam agricultural markets on Jan 28, 2026: Coffee and Pepper Jumped, Rice stable
Wednesday, January 28,2026
AsemconnectVietnam - Vietnam’s agricultural markets showed mixed movements on the morning of January 28, 2026. Coffee and black pepper prices surged sharply, supported by global market gains and a weaker U.S. dollar, while rice trading remained sluggish as transactions for the Winter–Spring crop progressed slowly.
Coffee: Domestic and Global Prices Rose Sharply
Domestic coffee prices in Vietnam rose strongly on January 28, 2026, trading at VND102,500–103,300/kg, up significantly from previous sessions, amid a sharp fall in the U.S. dollar and continued tight global supply.Lam Dong (Di Linh, Lam Ha, Bao Loc): VND102,500/kg
Dak Lak (Cu M’gar): VND103,100/kg; Ea H’leo, Buon Ho: VND103,000/kg
Dak Nong (Gia Nghia, Dak R’lap): VND103,200–103,300/kg
Gia Lai (Chu Prong): VND102,800/kg; Pleiku, La Grai: VND102,700/kg
Kon Tum: VND102,700/kg
On the global market, coffee futures closed higher on both exchanges.
Robusta futures in London for March 2026 gained USD78/tonne to USD4,275/tonne, while the May 2026 contract rose USD79/tonne to USD4,192/tonne.
Arabica futures in New York for March 2026 climbed 11 cents/lb to 367.25 cents/lb, and the May 2026 contract rose 8.6 cents/lb to 346.7 cents/lb.
Prices were supported by a sharp decline in the U.S. Dollar Index, which fell 1.30% to 95.78, as investors reassessed the dollar’s safe-haven role amid trade uncertainty and U.S. monetary policy concerns. Domestically, limited supply and farmers’ holding sentiment continued to underpin prices, despite potential selling pressure in the medium to long term.
In 2025, coffee exports soared to a record-breaking $8.92 billion - up 58.8% from the previous year - earning a spot among the top three agricultural exports by value, alongside seafood and wood products.
For the 2024–2025 crop year, Vietnam accounted for just 18% of global coffee export volume. However, the country retained its lead in robusta exports, making up 43% of global robusta shipments.
Rice: Slow Winter–Spring Trading, Prices Largely Stable
Rice trading in the Mekong Delta remained quiet on January 28, 2026, with limited transactions and generally stable prices.
Fresh paddy prices in An Giang were reported as follows:
OM 18: VND6,300–6,500/kg
Dai Thom 8: VND6,300–6,500/kg
OM 5451: VND5,600–5,800/kg
IR 50404: VND5,500–5,600/kg
OM 34: VND5,400–5,500/kg
OM 4218: VND6,000–6,200/kg
In provinces including Ca Mau, Can Tho, Dong Thap, Vinh Long and Tay Ninh, paddy supply remained limited and trading activity was slow, with prices showing little movement.
Export rice material prices were quoted at:
CL 555: VND8,100–8,200/kg
OM 18: VND8,800–9,000/kg
OM 5451: VND8,800–8,900/kg
IR 504: VND7,650–7,750/kg
Dai Thom 8: VND8,650–8,800/kg
Soc Thom: VND7,500–7,600/kg
By-products traded at VND7,450–11,000/kg, with IR 5451 broken rice easing by VND200/kg.
On the export market, the Vietnam Food Association reported stable prices:
5% broken fragrant rice: USD420–440/tonne
Jasmine rice: USD446–450/tonne
100% broken rice: USD319–323/tonne
Black Pepper: Prices Jumped, Led by the Central Highlands
Domestic black pepper prices rose sharply on January 28, 2026, ranging from VND148,000–150,000/kg, up VND500–3,000/kg from the previous session, with Dak Nong posting the strongest gains.
Dak Lak: VND152,000/kg (+VND2,000)
Dak Nong: VND152,000/kg (+VND3,000)
Gia Lai: VND151,000/kg (+VND2,000)
Dong Nai: VND151,000/kg (+VND2,000)
Ba Ria–Vung Tau: VND150,000/kg (+VND1,000)
Binh Phuoc: VND149,000/kg (+VND500)
On the international market, the International Pepper Community raised benchmark prices for Indonesian pepper.
Black pepper Lampung (Indonesia): USD6,739/tonne, up 1.37%
Black pepper Brazil ASTA 570: USD6,000/tonne
Black pepper Kuching (Malaysia): USD9,000/tonne
White pepper Muntok: USD9,373/tonne, up 1.42%
White pepper Malaysia ASTA: USD12,000/tonne
Vietnamese pepper was traded at around USD6,400–6,600/tonne for black pepper and USD9,150/tonne for white pepper.
A weaker U.S. dollar continued to support prices. Market sources said supply and demand remained broadly balanced, with trading mainly focused on fulfilling existing contracts. In the short term, prices were expected to hold steady through the Lunar New Year, while the medium-term outlook remained positive, depending on import demand and harvest progress in major producing countries.
T.Huong
Source: Vitic
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