The domestic coffee market experienced a notable downturn on April 18, following a wave of aggressive selling across international exchanges. This sudden reversal ended a four-day rally and exerted immediate downward pressure on local procurement prices in the Central Highlands.

Specifically, domestic coffee prices fell by 1,200–1,300 dong per kilogram, settling within the range of 86,600 to 87,200 dong per kilogram. In Dak Nong (now administratively merged into Lam Dong), transactions were recorded at around 87,400 dong per kilogram. Dak Lak and Gia Lai both saw declines of 1,300 dong per kilogram, bringing prices down to approximately 87,000 dong per kilogram. This downward movement reflected profit-taking activities after prices had recently reached short-term peaks.

On the global front, both London and New York exchanges closed in negative territory. Robusta coffee futures for May 2026 dropped by USD54 per ton to USD3,474 per ton, while the July contract declined to USD3,347 per ton. Arabica coffee prices in New York posted steeper losses, falling by 7.8 US cents per pound to 296.45 cents per pound. The decline was largely attributed to a rebound in the US dollar index after hitting a six-week low, which weighed on commodity prices broadly.

In contrast to coffee, durian prices surged strongly, reaching new highs across the Mekong Delta. Thai durian (VIP Grade A) rose sharply to 165,000–180,000 dong per kilogram, depending on quality. Grade A Thai durian (standard selection) also traded at elevated levels of 160,000–165,000 dong per kilogram.

Lower-grade products, including Grades C and D or off-spec fruit, ranged widely between 20,000 and 95,000 dong per kilogram. Similarly, Ri6 durian recorded a significant increase of 15,000–20,000 dong per kilogram, reaching 105,000–110,000 dong per kilogram for Grade A fruit.

However, Musang King durian prices moved in the opposite direction, with Grade A fruit declining to 133,000–145,000 dong per kilogram. Chuong Bo durian remained stable at around 85,000 dong per kilogram for top-grade produce.

The rice market showed a divergence between domestic and export segments. In the Mekong Delta, fresh paddy prices remained stable due to steady supply and subdued demand. OM 18 and Dai Thom 8 varieties were quoted at 6,000–6,200 dong per kilogram.

The export segment, however, continued to strengthen. Vietnam’s 5% broken fragrant rice rose by USD15 per ton compared to midweek levels, reaching USD475–485 per ton. Jasmine rice also edged up by USD2 per ton to USD456–460 per ton.

This upward trend stood in contrast to relatively stagnant export prices in Thailand and India, where little movement was observed during the same period. The resilience of Vietnamese rice exports highlighted sustained demand in international markets.

Vietnam’s domestic pepper market remained stable at high levels despite downward pressure from global markets. Farm-gate prices held steady at 140,000–141,000  dong per kilogram. Dak Lak and Lam Dong recorded the highest levels at 141,000  dong per kilogram, while Gia Lai, Dong Nai, and Ho Chi Minh City traded at around 140,000 dong per kilogram.

Limited supply toward the end of the harvest season, coupled with farmers’ tendency to withhold stock, provided strong support for domestic prices.

Globally, however, pepper prices faced significant pressure. Brazilian black pepper (ASTA 570) dropped sharply by USD150 per ton to USD6,000 per ton, while Indonesian black pepper eased to USD7,062 per ton. In contrast, Vietnam’s export prices remained resilient at USD6,100–6,200 per ton, demonstrating the sector’s ability to withstand international volatility.

The live hog market remained relatively stable nationwide, with modest gains recorded in northern provinces. Prices in Tuyen Quang, Lang Son, Hai Phong, and Hung Yen increased by 1,000 dong per kilogram, bringing the regional average to 63,000–66,000 dong per kilogram.

Central and Central Highlands regions showed little change, with the highest level recorded at 68,000 dong per kilogram in Dak Lak and Lam Dong. Meanwhile, southern provinces continued to command the highest prices nationwide. Dong Nai, Tay Ninh, Dong Thap, Ho Chi Minh City, and Vinh Long all reported peak levels of 69,000 dong per kilogram.

Global rubber prices showed signs of recovery, particularly across Asian markets. In Japan, the May 2026 contract rose to 381.7 yen per kilogram, ending a six-session losing streak. The rebound was supported by optimism surrounding potential peace agreements and positive economic data from China.

Rubber prices in Thailand and China also edged higher, reaching 80.7 baht per kilogram and CNY16,690 per ton, respectively.

Domestically, however, the rubber market remained cautious. Major companies maintained stable procurement prices for latex, ranging from 390 dong to 463 dong per degree of total solid content (TSC). This price stability helped reassure farmers and provided a buffer ahead of the upcoming tapping season, which is expected to increase supply in the near term.

Overall, April 18 saw divergent movements across Vietnam’s agricultural commodities. Coffee faced sharp corrections due to global financial factors, while durian and rice exports continued to perform strongly. Pepper, live hogs, and rubber maintained stability, reflecting a cautious market sentiment as participants awaited clearer direction from international developments.

Source: Vitic