AsemconnectVietnam - Vietnam’s agricultural markets showed mixed movements on the morning of Jan 30, 2026, as prices of key commodities, including pepper, coffee, rice, and live hogs, moved in different directions amid thin trading ahead of the post-Lunar New Year period. Market participants remained cautious, with farmers holding back supplies while traders and exporters largely observed developments in both domestic and global markets.

Domestic pepper prices
Domestic pepper prices traded within a relatively wide range on Jan 30, reflecting uneven demand and localized supply conditions. Prices were quoted between 149,000 and 152,000 dong per kg, with declines recorded in several major producing provinces, while only one area saw a modest recovery.
In the Central Highlands, pepper prices in Dak Lak were unchanged at 152,000 dong per kg, the highest level among surveyed localities. In Dak Nong, prices slipped by 1,000 dong to 151,000 dong per kg, while Gia Lai saw a sharper drop of 2,000 dong to 149,000 dong per kg. In the southeastern region, pepper prices in Dong Nai also fell by 2,000 dong to 149,000 dong per kg. By contrast, prices in Ba Ria–Vung Tau were steady at 150,000 dong per kg, while Binh Phuoc recorded a slight increase of 1,000 dong to 150,000 dong per kg.
Market sources said trading activity remained limited, as most farmers were reluctant to sell at current levels. According to the Ministry of Industry and Trade’s Information Centre (VITIC), growers were holding back supplies in anticipation of higher prices once market activity resumes more fully after the Lunar New Year holiday. Meanwhile, traders and exporters were cautious, citing uncertainty over short-term price direction and developments in overseas markets.
Looking back at recent trends, Vietnam’s domestic and export pepper prices were largely stable in the fourth quarter of 2025 following a strong rally earlier in the year. Domestic black pepper prices hovered around 146,000–148,000 dong per kg, while white pepper traded at 235,000–239,000 dong per kg, slightly below mid-year peaks. On the export front, black pepper FOB prices were quoted at about USD6,443–6,519 per tonne, while white pepper ranged from USD8,072 to USD8,565 per tonne.
Compared with 2024, price levels in 2025 were significantly higher. Domestic black pepper prices rose by an estimated 30–40% year on year, while white pepper prices increased by around 20–30%. Export prices for black pepper climbed from a range of roughly USD3,800–6,500 per tonne in 2024 to about USD6,300–6,900 per tonne in 2025, while white pepper rose from around USD5,300–8,300 per tonne to above USD8,400–9,100 per tonne. Market participants attributed these gains to lower domestic output, depleted global inventories and steady import demand for processing and re-export.
International pepper prices edged lower in the most recent session, according to the International Pepper Community (IPC). Indonesia’s Lampung black pepper was last quoted at USD6,736 per tonne, down 0.37%, while Brazil ASTA 570 stood at USD6,150 per tonne and Malaysia’s Kuching ASTA was priced at USD9,000 per tonne. White pepper prices included Muntok at USD9,269 per tonne, down 0.38%, and Malaysia ASTA at USD12,000 per tonne. Vietnamese black pepper was traded at around USD6,400 per tonne for 500 g/l grade and USD6,600 per tonne for 550 g/l grade, while white pepper stood at approximately USD9,150 per tonne.
Domestic coffee prices
Coffee prices in Vietnam edged higher on Jan 30, supported by a rebound in robusta futures, even as arabica prices continued to weaken on global markets. Domestic coffee prices ranged between 101,000 and 101,800 dong per kg across key growing regions.
In Lam Dong province, prices in Di Linh, Lam Ha and Bao Loc were quoted at 101,000 dong per kg. In Dak Lak, coffee prices in Cu M’gar reached 101,800 dong per kg, while Ea H’leo and Buon Ho traded at around 101,700 dong per kg. Similar levels were reported in Dak Nong, with prices of 101,800 dong per kg in some districts and 101,700 dong per kg in others. In Gia Lai, prices ranged from 101,500 to 101,600 dong per kg, while Kon Tum prices were steady at 101,500 dong per kg.
On the futures market, London robusta coffee for March 2026 delivery rose by USD34 to USD4,179 per tonne, while May contracts gained USD23 to USD4,096 per tonne. In contrast, New York arabica coffee for March 2026 delivery fell by 5.5 cents to 345.5 cents per lb, with May contracts down by the same margin to 328.8 cents per lb.
Analysts said weather conditions continued to be a key driver of price movements. Heavy rainfall in Brazil weighed on arabica prices by easing concerns over near-term supply, while drier conditions in Vietnam ahead of the Tet holiday helped support robusta prices. Market participants expected trading activity to pick up after the holiday period, particularly if export demand strengthened.
Vietnam exported an estimated 1.59 million tonnes of coffee in 2025, generating nearly USD8.9 billion in revenue. Average export prices reached around USD5,600 per tonne, the highest level on record and nearly three times higher than during the 2019–2022 period. In the first half of January 2026, coffee exports exceeded 89,000 tonnes, with export earnings of about USD433 million, according to industry data.
Domestic rice prices
Rice prices in Vietnam were largely unchanged on the morning of Jan 30, as market activity remained subdued. Fresh paddy prices in the Mekong Delta showed little movement, reflecting slow transactions and limited arrivals. Traders said buyers were cautious, while farmers were in no rush to sell.
According to updates from local authorities and industry sources, fresh paddy prices for OM 5451 ranged from 5,800 to 6,200 dong per kg, while OM 18 and Dai Thom 8 were quoted at around 6,300–6,500 dong per kg. IR 50404 paddy traded at about 5,500–5,600 dong per kg. Rice milling activity remained limited, with large warehouses buying slowly.
Export rice prices were steady, according to the Vietnam Food Association. Fragrant rice with 5% broken content was quoted at USD420–440 per tonne, while 100% broken rice traded at USD319–323 per tonne. Jasmine rice prices ranged from USD446 to USD450 per tonne. Traders said export demand was stable but not strong enough to push prices higher in the short term.
Live hog prices
Live hog prices in Vietnam continued to ease slightly in the northern and central regions, while remaining stable in the south. Nationwide prices ranged from 75,000 to 80,000 dong per kg.
In northern Vietnam, prices declined by about 1,000 dong per kg in several provinces, with most transactions taking place at 78,000–80,000 dong per kg. In the central and Central Highlands regions, prices also edged lower in some areas, while others remained unchanged at 76,000–79,000 dong per kg. In southern Vietnam, prices were largely steady at 75,000–78,000 dong per kg, reflecting balanced supply and demand.
Overall, Vietnam’s agricultural markets on the morning of Jan 30 reflected a cautious tone, with mixed price movements and limited trading ahead of the post-Tet period. Market participants expected clearer price signals to emerge once holiday-related disruptions faded and trading activity resumed more fully in both domestic and export markets.
T.Huong
Source: Vitic