AsemconnectVietnam - Vietnam’s agricultural commodities market on April 25 was led by a strong rally in coffee prices, driven by tightening global supply concerns, while domestic pepper and rubber markets remained largely stable.

Durian prices showed a widening gap between varieties and quality grades, while rice and live hog markets recorded selective adjustments.
Coffee was the standout performer of the session, surging across the Central Highlands and nearing the psychologically important VND90,000 per kg mark. Traders linked the rise to shrinking certified inventories and firm overseas futures prices.
Coffee Jumped Broadly Across Producing Regions
Vietnam’s domestic coffee market posted an impressive breakout session on April 25, with buying prices in the Central Highlands rising by VND1,400 to VND1,500 per kg.
The average market level was estimated at around VND89,200 per kg, moving close to the key VND90,000 threshold.
That marked the highest domestic level in several days and suggested demand had returned strongly after previous consolidation.
Dak Nong, now under Lam Dong administration, led the market at VND89,500 per kg after gaining VND1,500 per kg.
Dak Lak and Gia Lai both closed at VND89,300 per kg.
The domestic rally was reinforced by sharp gains on international futures exchanges.
On ICE Futures Europe in London, July 2026 robusta coffee futures rose by $103 per ton, or 3.03%, to $3,507 per ton.
September 2026 robusta contracts gained 2.79% to reach $3,421 per ton.
Meanwhile, on ICE Futures U.S. in New York, July 2026 arabica coffee futures climbed 3.87% to 300.35 U.S. cents per pound, marking the first time prices moved above $3 per pound since late March.
The main catalyst behind the rally was the sharp decline in certified inventories.
Arabica stocks were reported at only around 515,000 bags, while robusta inventories fell to their lowest level in 16 months.
Additional support came from geopolitical tensions around the Strait of Hormuz, which raised logistics concerns and freight costs.
At the same time, the stronger Brazilian currency reduced farmer selling in Brazil, as exporters received fewer local currency returns.
The combination of lower inventories, logistical risks and restricted selling helped keep coffee prices firmly elevated.
Vietnam, as the world’s leading robusta supplier, benefited directly from stronger London futures, though exporters continued to monitor farmer selling behavior at higher price levels.
Pepper Market Stayed Balanced
Unlike coffee’s volatility, Vietnam’s pepper market entered a calmer phase after earlier strong movements.
Domestic pepper prices were unchanged across all major regions, trading in a range of VND138,000 to VND142,000 per kg.
Dak Nong (Lam Dong) remained the country’s highest-priced buying area at VND142,000 per kg.
Dak Lak followed at VND141,000 per kg.
Ho Chi Minh City and Dong Nai both held at VND140,000 per kg, while Gia Lai remained the lowest at VND138,000 per kg.
International markets also showed a steady tone.
Indonesian black pepper held at $7,047 per ton.
Brazil’s ASTA 570 export grade remained unchanged at $6,000 per ton, while Malaysian pepper stayed at $9,300 per ton.
Vietnamese black pepper export quotations remained competitive at $6,100 to $6,200 per ton.
In the white pepper segment, Indonesia’s Muntok white pepper was quoted at $9,284 per ton.
Vietnamese white pepper remained near $9,000 per ton, while Malaysian white pepper held at $12,200 per ton.
Exporters said stable pricing reflected relatively balanced global supply-demand conditions, although weather risks and logistics costs remained factors to watch.
Durian Prices Split Sharply by Variety and Grade
Vietnam’s durian market showed clear divergence between export-grade fruit and varieties facing seasonal supply pressure.
Thai durian continued to dominate the premium segment.
In the Mekong Delta, VIP Thai Grade A fruit was traded at VND118,000 to VND125,000 per kg.
Standard Thai Grade A was purchased at VND110,000 to VND118,000 per kg.
Grade B Thai fruit ranged from VND100,000 to VND108,000 per kg.
By contrast, Ri6 durian faced heavier pressure as supply increased during the main harvest season.
Ri6 Grade A in the Mekong Delta fell to VND62,000 to VND75,000 per kg.
Grade B Ri6 was traded at VND52,000 to VND62,000 per kg.
In the premium specialty segment, Musang King durian softened slightly.
Grade A Musang King traded between VND118,000 and VND140,000 per kg depending on warehouse location.
Grade B was quoted at VND92,000 to VND112,000 per kg.
Black Thorn remained the most expensive variety.
Grade A Black Thorn held at VND143,000 per kg, while Grade B was priced at VND123,000 per kg.
The widening gap suggested that fruit meeting export specifications continued to attract high bids, while lower-grade or oversupplied varieties faced steeper discounts.
Traders said appearance, size consistency and sweetness standards were increasingly important in determining value.
Domestic Rice Softened Slightly
The rice and paddy market in the Mekong Delta recorded modest declines in fresh paddy prices, while trading activity remained slow due to tight supply.
According to agricultural authorities in An Giang province, OM 18 paddy fell by VND100 per kg to VND6,000 to VND6,100 per kg.
OM 5451 declined by VND200 per kg to VND5,600 to VND5,700 per kg.
IR 50404 also eased by VND100 per kg to VND5,400 to VND5,500 per kg.
Dai Thom 8 remained firm at VND6,000 to VND6,100 per kg.
OM 34 held steady at VND5,100 to VND5,200 per kg.
In the export rice processing segment, prices were mixed but remained generally firm.
IR 504 raw rice traded at VND8,200 to VND8,300 per kg.
CL 555 was quoted at VND8,400 to VND8,500 per kg.
OM 18 stood at VND8,700 to VND8,850 per kg.
Dai Thom 8 held at VND9,200 to VND9,400 per kg.
Finished IR 504 rice rose by VND300 per kg to VND10,090 to VND10,750 per kg.
On export markets, Vietnamese rice retained strong pricing power.
Jasmine rice was offered at $486 to $490 per ton.
Fragrant 5% broken rice was quoted at $490 to $500 per ton.
Those prices remained competitive against Thailand’s 5% broken rice at $388 to $392 per ton and India’s at $346 to $350 per ton.
Rubber Improved on Global Gains
The global rubber market received support from stronger crude oil prices and a weaker Japanese yen.
In Japan, May 2026 rubber futures rose 1.1% to 387.1 yen per kg.
Shanghai futures in China gained 1.18% to 17,220 yuan per ton.
Thailand’s market edged up 0.5% to 80.7 baht per kg.
Singapore’s SICOM exchange closed 0.2% higher at 208.7 U.S. cents per kg.
Supported by stronger overseas markets, major Vietnamese rubber companies maintained stable procurement prices to support producer confidence.
Mang Yang Rubber Company listed fresh latex at VND458 to VND463 per TSC unit.
Binh Long Rubber maintained factory procurement prices at VND432 per TSC unit.
Ba Ria and Phu Rieng Rubber also kept fresh latex prices firm at VND420 per TSC unit.
Live Hog Prices Saw Selective Gains
Vietnam’s live hog market remained broadly stable, with isolated increases in southern provinces.
Dong Nai, Tay Ninh, Dong Thap, Ho Chi Minh City and Vinh Long all retained the top level of VND69,000 per kg.
An Giang and Can Tho rose to VND68,000 per kg, matching Ca Mau.
In central Vietnam and the Central Highlands, the market was mostly unchanged.
Lam Dong held at the ceiling level of VND69,000 per kg, while Dak Lak remained at VND68,000 per kg.
Ha Tinh stayed the lowest-priced market in the region at VND63,000 per kg.
Northern Vietnam was also stable.
Hung Yen retained the highest northern price at VND66,000 per kg.
Major consumption centers such as Hanoi, Bac Ninh and Hai Phong were quoted at VND65,000 per kg.
Lai Chau remained the lowest in the north at VND63,000 per kg.
Market Outlook
Vietnam’s agricultural market was driven by coffee’s sharp rally, reflecting tighter global inventories and external supply risks.
Pepper and rubber remained steady, while rice prices softened modestly at farm level but export quotations stayed firm.
Durian prices became increasingly segmented, rewarding premium export-grade fruit while seasonal supply pressured Ri6.
Live hog prices remained elevated, especially in southern provinces.
Traders said near-term direction would depend on global commodity sentiment, logistics developments and export demand heading into the holiday period.
Source: Vitic