
AsemconnectVietnam - Vietnam's commodity markets showed mixed movements on Thursday morning, with domestic gold prices falling sharply in line with global trends, coffee prices edging lower locally while gaining strength on international exchanges, and pepper prices remaining at elevated levels. Rice prices were largely stable, durian maintained strong price levels, and live hog prices continued to weaken in central and southern regions.
Gold prices decline sharply following global market correction
Domestic gold prices fell significantly on June 18 after several consecutive sessions of gains. SJC gold bars were quoted at VND149.3 million per tael for buying and VND151.3 million per tael for selling, down VND500,000 per tael on the selling side compared with the previous afternoon.
The gold ring market followed the same trend. Major brands including Bao Tin Manh Hai, Bao Tin Minh Chau, Phu Quy and DOJI reduced prices by VND500,000-700,000 per tael. Selling prices were quoted at VND151.3-151.5 million per tael.
Market analysts said global gold movements continued to be the main driver of domestic prices. After a strong rally in recent sessions, domestic gold reversed course on June 17 and could remain under pressure if international prices continue to weaken.
Domestic coffee prices ease while global markets extend gains
Coffee prices in Vietnam's Central Highlands ranged from VND88,700 to VND89,100 per kg on June 18. Prices in Dak Lak, Gia Lai and Dak Nong (now part of Lam Dong Province) all fell by VND100 per kg to VND89,100 per kg. In the former Lam Dong area, coffee was traded at VND88,700 per kg.
In contrast, international coffee markets continued to recover. On the London exchange, the September 2026 Robusta contract extended its winning streak to six consecutive sessions, recovering a total of about USD325 per tonne during the period.
At the close of trading on June 17, the July 2026 Robusta contract rose USD11 to USD3,680 per tonne, while the September 2026 contract gained USD24 to USD3,622 per tonne.
On the New York exchange, the July 2026 Arabica contract increased to 277.85 US cents per pound, while the September 2026 contract edged down to 271.9 US cents per pound.
Pepper prices remain at high levels
Domestic pepper prices ranged between VND138,000 and VND140,500 per kg across key growing regions.
Gia Lai and Dong Nai recorded the lowest price at VND138,000 per kg. Dak Nong (now part of Lam Dong Province) stood at VND140,000 per kg, while Ba Ria-Vung Tau (now part of Ho Chi Minh City) maintained VND139,500 per kg. Dak Lak remained the highest-priced region at VND140,500 per kg.
In export markets, Vietnamese black pepper prices were quoted at USD6,100 per tonne for 500 g/l grade and USD6,200 per tonne for 550 g/l grade. White pepper prices held steady at USD9,000 per tonne.
Among other major exporters, black pepper prices ranged from USD5,950 per tonne in Brazil to USD9,350 per tonne in Malaysia. White pepper prices were quoted at USD9,211 per tonne in Indonesia and USD12,250 per tonne in Malaysia.
Rice market remains stable
Rice prices in the Mekong Delta showed little change from the previous trading session.
OM 18 and Dai Thom 8 paddy were traded at VND6,400-6,500 per kg. Other varieties including OM 5451, IR 50404 and OM 34 ranged from VND5,100 to VND5,800 per kg.
For export-grade rice materials, Soc Thom and OM 380 were quoted at VND7,500-7,600 per kg. IR 504 rice ranged from VND8,700-8,800 per kg, Dai Thom 8 from VND9,200-9,400 per kg, OM 5451 from VND9,500-9,600 per kg, and finished IR 504 rice from VND10,750-10,900 per kg.
In export markets, Vietnamese Jasmine rice was offered at USD504-508 per tonne. Five-percent broken rice was quoted at USD485-490 per tonne, while 100-percent broken rice stood at USD343-347 per tonne. Competing exporters Thailand and India both recorded slight increases of around USD1 per tonne for white rice grades.
Durian prices stay firm despite rising supply
Although more growing regions have entered the peak harvest season, boosting supply, durian prices remained at relatively high levels.
Premium Thai durian (VIP grade) was traded at VND74,000-83,000 per kg. In the Mekong Delta, Thai durian Grade A fetched VND71,000-77,000 per kg, while Grade B sold for VND51,000-57,000 per kg.
In Dong Nai and Tay Ninh, Thai durian Grade A was quoted at VND72,000-79,000 per kg.
Meanwhile, Ri6 durian was traded at VND39,000-46,000 per kg for Grade A and VND24,000-31,000 per kg for Grade B.
Premium varieties continued to command strong prices, with Musang King ranging from VND75,000 to VND84,000 per kg and Black Thorn Grade A in Dong Nai reaching VND110,000 per kg.
Live hog prices decline in central and southern regions
Northern Vietnam remained the strongest market, with live hog prices holding at VND67,000-68,000 per kg. Hanoi, Hai Phong, Bac Ninh, Hung Yen and Phu Tho recorded the highest price nationwide at VND68,000 per kg.
In the central and Central Highlands regions, prices ranged from VND63,000 to VND67,000 per kg. Ha Tinh, Quang Tri, Hue and Lam Dong all fell by VND1,000 per kg to VND63,000-65,000 per kg. Thanh Hoa remained the highest-priced province in the region at VND67,000 per kg.
In southern Vietnam, Dong Thap and An Giang declined by VND1,000 per kg to VND62,000 per kg, the lowest level nationwide. Other provinces, including Dong Nai, Tay Ninh, Ho Chi Minh City, Vinh Long and Can Tho, held steady at VND63,000 per kg.
Domestic rubber stable while global prices retreat
Vietnam's domestic rubber market remained stable. Mang Yang Rubber Company purchased Grade 1 latex at VND463 per TSC/kg and Grade 2 latex at VND458 per TSC/kg, while mixed coagulated rubber ranged from VND404 to VND459 per kg.
At Phu Rieng Rubber Company, latex was purchased at VND420 per TSC/kg and mixed rubber at VND390 per DRC/kg.
Ba Ria Rubber Company quoted latex at VND442-452 per TSC/kg depending on quality, while mixed and cup lump rubber ranged from VND13,500 to VND18,000 per kg based on DRC content.
Binh Long Rubber Company maintained one of the highest domestic purchasing prices, with factory-delivered latex quoted at VND545 per TSC/kg.
International rubber markets entered a correction phase following recent gains, with profit-taking weighing on prices across Asian exchanges. On Japan's TOCOM exchange, June, July and October contracts fell nearly 1%, trading between JPY430 and JPY439.7 per kg. In Shanghai, natural rubber futures declined between 0.95% and 1.25% across all contracts. On Singapore's SGX exchange, the TSR20 contract dropped 1.81% to 228.2 US cents per kg.
Source: Vitic