AsemconnectVietnam - Vietnam’s agricultural commodities market on May 7 showed sharp divergence across key sectors, with coffee prices recovering on stronger international sentiment while durian prices fell steeply under mounting export barriers. Meanwhile, live hog prices continued to hold at elevated levels, and rice and pepper markets remained broadly stable, supported by resilient export demand.

Domestic coffee prices rebounded after several sessions of correction, rising by 400-500 dong per kilogram across most Central Highlands growing areas. Dak Nong recorded the highest purchasing price nationwide at around 86,200 dong per kilogram, supported by tightening local supply and steady buying demand. Prices in Dak Lak and Gia Lai climbed to around 86,000 dong per kilogram, while Lam Dong traded at approximately 85,500 dong per kilogram.
The recovery in Vietnam’s coffee market mirrored gains on international exchanges. On London’s ICE Europe exchange, July 2026 robusta futures rose 0.42% to 3,378 USD per metric ton, while September contracts increased to around 3,297 USD per ton. In New York, arabica futures gained more than 1.4%, moving above 289 US cents per pound. Market analysts said the rally was largely driven by the appreciation of Brazil’s real against the US dollar, which reached its strongest level in more than two years. The stronger local currency discouraged Brazilian farmers from accelerating sales, tightening global supply flows and lending support to prices.
Additional support came from concerns over disruptions in shipping routes near the Strait of Hormuz, which pushed logistics costs higher. At the same time, coffee inventories monitored by international exchanges remained near historically low levels, encouraging speculative buying and short-covering activity.
Despite the short-term recovery, traders continued to warn of downside risks later in the year as Brazil entered its harvest season under favorable weather conditions. Expectations of a larger crop could increase export availability and weigh on prices in coming months.
In the pepper sector, domestic prices maintained a firm and stable trend, ranging between 140,000 and 144,000 dong per kilogram. Dak Lak and Dak Nong remained the country’s highest-priced markets at around 144,000 dong per kilogram. Prices in Dong Nai and Ho Chi Minh City were reported at approximately 142,000-142,500 dong per kilogram, while Gia Lai recorded the lowest level at around 140,000 dong.
Vietnamese pepper exports continued to demonstrate strong competitiveness in global markets. Export prices for Vietnamese black pepper remained stable at 6,100-6,200 USD per metric ton, contrasting with weaker prices seen in Indonesia.
During the first quarter of 2026, Vietnam’s pepper exports posted strong growth in both volume and value, generating nearly 289 million USD in export revenue. Market participants said consistent quality and reliable supply had helped Vietnamese exporters strengthen their position amid tighter global availability.
However, industry observers noted that the pepper sector was facing growing pressure from stricter quality requirements in key import markets such as the European Union and the United States. Repeated warnings over pesticide residues were forcing exporters and growers to accelerate the adoption of sustainable farming models while expanding investment in processed, value-added products.
Vietnam’s rice market remained relatively quiet as fresh paddy supply in the Mekong Delta continued to decline. According to provincial agricultural agencies, prices for Dai Thom 8 and OM 18 paddy ranged between 6,100 and 6,300 dong per kilogram.
Mid-range varieties such as OM 5451 and IR 50404 traded at around 5,400-5,700 dong per kilogram. In the export processing segment, raw Dai Thom 8 rice remained stable at 9,200-9,400 dong per kilogram, while IR 504 rice was quoted at approximately 8,600-8,700 dong.
Export prices, however, showed mixed movements across different grades. Vietnam’s Jasmine rice rose sharply by around 17 USD per ton to 513-517 USD per metric ton, supported by stable buying demand from Asian importers. By contrast, prices for 100% broken rice edged down slightly to around 331-335 USD per ton.
Regional rice markets continued to be influenced by supply concerns and food security stockpiling policies among major exporting countries, particularly Thailand and India. Traders said buyers remained cautious but continued to monitor weather developments and export policies closely.
The steepest decline in the agricultural sector was recorded in the durian market, where prices fell sharply amid tightening technical barriers and stricter import regulations.
In the Mekong Delta, prices for premium Thai Monthong durian grade A dropped by as much as 20,000 dong per kilogram within a single day, falling to around 85,000 dong per kilogram. Grade B and C fruit declined to approximately 65,000 dong and 55,000 dong per kilogram respectively.
Ri6 durian faced similar pressure. Grade A fruit fell to around 40,000 dong per kilogram, while grade B prices dropped to roughly 25,000 dong. Lower-quality produce in some areas was sold through negotiated transactions due to weak buying demand.
Even premium durian varieties such as Musang King and Black Thorn were unable to avoid the downturn. Prices for these varieties ranged between 70,000 and 90,000 dong per kilogram depending on grading standards and packaging requirements.
Traders attributed the decline mainly to stricter import inspections related to planting area codes, pesticide residues and packaging traceability requirements. As exporters tightened procurement standards, traders became more selective in purchases, placing downward pressure on fruit sourced from orchards that had yet to fully comply with export regulations.
Market participants said the recent downturn highlighted the increasing vulnerability of Vietnam’s durian industry to technical barriers in overseas markets, especially China, which remains the country’s largest buyer.
In the livestock sector, live hog prices continued to strengthen, particularly in northern provinces. Prices in Lang Son, Bac Ninh and Lai Chau rose by around 1,000 dong per kilogram to approximately 65,000 dong.
Hung Yen and Thai Nguyen maintained the highest prices in the northern region at around 66,000 dong per kilogram. Elsewhere, most localities traded within a range of 64,000-65,000 dong.
Central Vietnam and the Central Highlands remained broadly stable. Lam Dong continued to lead the region at around 69,000 dong per kilogram, followed by Dak Lak at 68,000 dong. In southern Vietnam, Dong Nai maintained the country’s highest live hog price at around 70,000 dong per kilogram, while Dong Thap and Ho Chi Minh City traded close behind at approximately 69,000 dong.
The sustained rise in hog prices helped improve profit margins for farmers after a prolonged period of elevated feed and production costs.
Meanwhile, Vietnam’s domestic rubber market remained stable as major rubber companies maintained purchasing prices in support of growers. Mang Yang Rubber Company bought high-grade latex at around 463 dong per TSC degree per kilogram.
Ba Ria Rubber Company maintained purchasing prices at approximately 452 dong per TSC degree per kilogram for high-quality latex, while Phu Rieng Rubber Company listed prices at around 420 dong. Prices for mixed latex ranged from 13,500 to 18,000 dong per kilogram depending on dry rubber content.
On international exchanges, rubber prices edged higher as investment flows continued to favor commodity assets amid persistent uncertainty in the global economy. Shanghai rubber futures for May 2026 rose slightly to around 17,755 yuan per metric ton.
Singapore rubber contracts also posted gains, trading near 220 US cents per kilogram. In contrast, Japan’s TOCOM rubber market moved sideways at around 396 yen per kilogram as investors awaited clearer signals from the global manufacturing outlook.
Source: VITIC