AsemconnectVietnam - Vietnam’s key agricultural commodities were largely steady on Wednesday, with domestic coffee and pepper prices showing little change while rice export prices remained firm despite global market volatility.

Coffee prices stable
Farmgate coffee prices in Vietnam’s Central Highlands – the country’s main coffee-growing region – were steady at 96,300–96,500 dong ($3.69–$3.70) per kg.
In Dak Lak and Gia Lai, prices were quoted at 96,500 dong per kg, the highest level nationwide, while Lam Dong recorded slightly lower prices at 96,300 dong per kg.
On global markets, coffee prices edged higher on both major exchanges.
Robusta coffee futures on ICE London for January 2026 delivery rose $3 per tonne to $3,830 per tonne.
Meanwhile, arabica coffee futures on ICE New York also climbed. The March 2026 contract gained 4.15 cents per lb to 301.75 cents per lb, while the December 2026 contract increased 1.25 cents to 278.9 cents per lb.
According to the latest report from the Ministry of Agriculture and Environment, Vietnam exported approximately 150,000 tonnes of coffee in February, earning $854.2 million. This shattered the previous record of $729 million set in January.
In total, Vietnamese coffee exports for the first two months of 2025 reached 284,000 tonnes, generating $1.58 billion. While export volume declined by 28.4% compared to the same period last year, the total value surged by 26.2% due to soaring prices.
The average export price over the past two months was estimated at $5,575 per tonne - an astonishing 76.3% increase from early 2024.
On the global market, the price of Robusta coffee (in which Vietnam is the world’s leading producer) has been on an upward trend, hitting a record $5,817 per ton on February 13. Although prices have slightly cooled, they remained high at $5,330 per ton for May 2025 futures as of March 3.
The Ministry of Agriculture and Environment reported that Germany, Italy, and Japan are Vietnam’s top three coffee export destinations, holding market shares of 16.6%, 9.4%, and 8.2%, respectively.
Compared to January 2024, Vietnamese coffee exports in January 2025 saw a 53% increase in value to Germany, a 5.6% rise to Italy, and a 10.4% jump to Japan. Among the top 15 export markets, Poland saw the most significant growth, with Vietnamese coffee exports nearly tripling.
Experts attribute the sustained high coffee prices to a combination of global political and economic factors, as well as supply and demand dynamics.
Worldwide demand for coffee continues to rise, while supply constraints in key producing regions are putting upward pressure on prices. Brazil, the world’s largest coffee producer, has faced drought conditions that are expected to reduce output. Meanwhile, Vietnam’s coffee production fell by 10–15% in the last harvest season, leading to a drop in inventory levels.
The Brazilian Coffee Industry Association recently forecasted that global coffee prices will continue to rise in the coming months. The country, which accounts for nearly half of the world’s coffee supply, has struggled with extreme weather conditions for four consecutive years, severely impacting crop yields.
Additionally, Brazil’s next harvest is still months away, while Vietnam’s harvest has only recently concluded. This supply gap suggests that coffee prices will likely remain at elevated levels in the near future.
Vietnam’s coffee sector remains a critical component of its agricultural economy. The Ministry of Agriculture and Environment estimates the country’s total coffee production for 2025 at 1.95 million tons, similar to 2024 levels.
Pepper prices unchanged
Domestic pepper prices were unchanged, trading in the range of 144,500–146,500 dong per kg.
Prices in Gia Lai and Dong Nai held at 144,500 dong per kg, while traders in Ho Chi Minh City purchased pepper at 145,000 dong per kg. Prices in Dak Lak and Lam Dong remained at 146,500 dong per kg.
On the export market, pepper prices were also steady.
Vietnam’s white pepper was quoted at $9,350 per tonne, while black pepper 500 g/l stood at $6,600 per tonne and black pepper 550 g/l at $6,800 per tonne.
According to the Vietnam Pepper and Spice Association, Vietnam's pepper export value surged by 52% to 28,000 tonnes of pepper, valued at 188.7 million USD in the first two months of 2025, despite a 9.4% decline in export volume.
Although its cultivation area is smaller than that of other major crops like coffee, rubber, tea, and cashew, pepper remains a high-value commodity. The area dedicated to pepper cultivation is equivalent to just 15% of the land used for coffee and 12% of the land for rubber. However, its export value accounts for 23% of coffee export earnings (5.6 billion USD) and over 38% of rubber export revenue (3.4 billion USD). These figures highlight the industry's untapped potential and offer promising opportunities for further growth.
To ensure long-term growth and sustainability, the Ministry of Agriculture and Environment is developing a master plan for industrial crop development through 2030. The strategy aims to maintain the pepper cultivation area between 80,000 and 100,000 hectares, targetign a yield of 2.4–2.5 tonnes per hectare and an annual production of 200,000–300,000 tonnes.
Rice prices steady, exports firm
Rice prices in Vietnam’s Mekong Delta remained largely stable with slow trading activity, while export prices continued to hold firm.
Fresh paddy OM 18 was quoted at 6,000–6,100 dong per kg, while Dai Thom 8 stood at 6,100–6,200 dong per kg. IR 50404 was priced at around 5,500 dong per kg, while OM 5451 traded at 5,800–6,000 dong per kg.
Trading activity remained slow in several provinces, with many traders temporarily halting purchases of newly harvested paddy. Transactions in Dong Thap, Can Tho, and An Giang were reported to be limited, while markets in Tay Ninh, Ca Mau, and Vinh Long also saw thin trading volumes.
On the rice market, OM 5451 export-grade raw rice rose 200 dong per kg to 8,450–8,600 dong per kg, while OM 380 remained at 7,500–7,600 dong per kg. Dai Thom 8 was quoted at 9,150–9,350 dong per kg, and IR 504 at 8,000–8,100 dong per kg.
According to the Vietnam Food Association (VFA), Vietnam’s 5% broken fragrant rice was offered at $400–$415 per tonne, while 100% broken rice was quoted at $316–$320 per tonne. Jasmine rice was traded at $430–$434 per tonne.
Source: Vitic