AsemconnectVietnam - Vietnam’s agricultural commodities market on April 24 showed renewed strength in coffee and export rice, while pepper, live hogs and domestic rubber prices remained broadly stable to reinforce recent recovery trends.

 Durian, however, entered a corrective phase with widening price gaps depending on quality and production region.
Coffee led the day’s gains as domestic prices rebounded after the previous session’s decline, supported by tighter global inventories, currency movements and geopolitical concerns. Rice export quotations also strengthened, reflecting firmer global demand.
Coffee Jumped on Supply Concerns and Currency Support
Vietnam’s domestic coffee market recorded a strong rebound on April 24 after the prior correction.
Average farmgate prices rose by VND1,000 per kg to around VND87,900 per kg.
Dak Nong, now administratively under Lam Dong, led the market at VND88,000 per kg after gaining VND900 per kg.
Dak Lak and Gia Lai both closed at VND87,800 per kg.
The broad-based rise suggested buying interest had returned strongly after earlier hesitation.
International futures markets also posted firm gains.
July 2026 robusta coffee futures in London climbed to $3,507 per ton.
On the New York exchange, July 2026 arabica coffee futures surged to 300.35 U.S. cents per pound.
Analysts said one of the key drivers was the continued drawdown in certified arabica inventories, which had fallen to only around 515,000 bags.
At the same time, geopolitical tensions in the Strait of Hormuz raised concerns over potential supply chain disruptions and higher shipping costs.
The stronger Brazilian real also added support, as it reduced producer selling from Brazil by lowering local currency returns on exports.
The combination of tighter stocks, logistics risks and restrained farmer selling helped coffee recover sharply.
Vietnam, the world’s largest robusta supplier, remained closely tied to movements in London futures, and exporters said stronger prices improved sentiment across producing regions.
Pepper Entered a Technical Correction
In contrast to coffee’s rally, the domestic pepper market underwent a modest technical correction after a recent hot streak.
Prices fell by VND500 to VND1,000 per kg, with the overall market ranging from VND140,000 to VND142,000 per kg.
The Central Highlands continued to hold the highest levels.
Dak Lak and Dak Nong (Lam Dong) both maintained VND142,000 per kg.
Ho Chi Minh City and Dong Nai eased to VND140,500 per kg.
Gia Lai traded at VND140,000 per kg.
Despite softer domestic pricing, the pullback was widely viewed as a healthy rebalancing move after rapid gains.
International markets were also relatively stable.
Indonesian black pepper edged lower to $7,047 per ton.
Vietnamese black pepper export prices remained steady at $6,100 to $6,200 per ton.
Brazil and Malaysia maintained unchanged quotations, reflecting cautious sentiment among global traders as transport and production costs remained elevated.
Exporters said the pepper market still had constructive fundamentals, though near-term trade volumes could remain moderate.
Rice Market Revived, Export Prices Rose Sharply
Momentum returned to Vietnam’s rice market, with fresh paddy prices edging higher and export quotations posting notable gains.
Fresh OM 18 paddy rose to VND6,000 to VND6,200 per kg.
Dai Thom 8 traded at VND6,000 to VND6,100 per kg.
IR 504 and OM 5451 also recorded gains, indicating stronger movement through the supply chain.
Processed and raw rice prices advanced broadly, with finished IR 504 rice approaching VND9,700 per kg.
The export market posted one of the strongest performances of the day.
Vietnamese Jasmine rice was offered at $486 to $490 per ton, up by as much as $21 per ton.
Fragrant 5% broken rice maintained strong competitiveness at $490 to $500 per ton.
At the same time, Thai and Indian rice prices also rose by $2 to $5 per ton amid improving global demand.
Exporters said buyers were becoming more active after a quieter period, while weather-related uncertainty in some producing countries also supported sentiment.
Vietnam continued to benefit from strong positioning in premium fragrant rice segments, where quality and consistency remained key selling points.
Durian Prices Diverged Sharply
Vietnam’s durian market continued to show strong segmentation across regions and varieties.
High-quality Thai durian maintained favorable pricing in several major producing areas, while Ri6 remained significantly cheaper, especially in the Central Highlands.
For premium Thai durian, the Mekong Delta posted the highest prices at VND85,000 to VND90,000 per kg.
The southeastern region traded at VND75,000 to VND85,000 per kg.
The Central Highlands lagged behind at VND72,000 to VND74,000 per kg.
For bulk-grade Thai durian, prices in the Mekong Delta ranged from VND45,000 to VND50,000 per kg.
The southeast traded at VND40,000 to VND50,000 per kg.
The Central Highlands fell further to only VND32,000 to VND35,000 per kg.
Ri6 premium fruit in the Mekong Delta and southeastern region was quoted at VND55,000 to VND60,000 per kg.
The Central Highlands traded lower at VND52,000 to VND54,000 per kg.
Bulk-grade Ri6 prices were relatively even nationwide, generally ranging from VND25,000 to VND30,000 per kg.
The market faced dual pressure from rising supply as multiple regions entered harvest season, while domestic consumption had yet to strengthen meaningfully.
Meanwhile, exports remained the main long-term driver but required increasingly strict standards on quality control and traceability.
As a result, premium fruit retained value while bulk-grade produce came under clear downward pressure.
Traders expected sideways movement and continued segmentation in the short term unless export demand improved.
Live Hog Prices Stayed Firm
Vietnam’s live hog market remained broadly steady nationwide, with only minor local adjustments in southern provinces.
Dong Nai, Dong Thap, Ho Chi Minh City and Vinh Long all held the top price of VND69,000 per kg.
Tay Ninh slipped slightly to VND68,000 per kg, matching Ca Mau and Can Tho.
Central Vietnam and the Central Highlands remained unchanged.
Lam Dong held the ceiling level of VND69,000 per kg.
Ha Tinh remained the lowest-priced market in the region at VND63,000 per kg.
In northern Vietnam, Hung Yen continued to lead at VND66,000 per kg.
Most other northern provinces traded between VND63,000 and VND65,000 per kg.
Stable consumer demand helped preserve elevated price levels and limited downside risk.
Domestic Rubber Waited for Opportunity
The global rubber market sent more positive signals as gains spread across Asian exchanges.
May 2026 rubber futures in Japan rose to 382.9 yen per kg.
Shanghai futures climbed to 17,020 yuan per ton.
Tighter supply in Thailand and Vietnam, together with steady demand from Chinese tire manufacturers, were cited as key support factors.
Against that backdrop, major Vietnamese rubber producers including Binh Long, Ba Ria, Phu Rieng and Mang Yang maintained domestic procurement prices.
Fresh latex prices remained in a range of VND420 to VND463 per TSC unit.
The stable domestic stance was seen as supportive for growers while waiting for stronger global demand signals.
Market Outlook
Vietnam’s agricultural market on April 24 highlighted improving sentiment in coffee and rice exports.
Coffee rebounded sharply on tighter global stocks and external supply concerns, while rice export prices strengthened amid firmer international demand.
Pepper underwent a mild correction but remained at historically high levels.
Durian prices continued to split sharply between premium and bulk-grade fruit as harvest pressure increased.
Live hog prices stayed elevated, and rubber markets turned more constructive.
Traders said near-term direction would depend on export demand, weather conditions, freight costs and broader global commodity sentiment.
Source: Vitic