Agricultural product prices on March 13, 2025: Coffee and pepper both increased sharply

DNVN - In the trading session on March 13, 2025, coffee prices continued to record an upward trend compared to yesterday, with an adjustment ranging from 2,500 - 2,700 VND/kg. In addition, pepper also had a significant increase, with an increase ranging from 1,500 - 2,500 VND/kg. Currently, the average pepper purchase price in key areas reached 159,600 VND/kg.

Coffee prices continue to rise

Agricultural product prices on March 11, 2025: Coffee prices increased, pepper prices reversed and decreased sharply

On the London market, at 5:00 a.m. on March 13, 2025, Robusta coffee prices suddenly decreased compared to the previous session, the decrease ranged from 26 - 44 USD/ton, trading in the range of 5,285 - 5,557 USD/ton. Specifically, the contract price for delivery in May 2025 was recorded at 5,508 USD/ton; the contract for delivery in July 2025 reached 5,484 USD/ton; the contract for delivery in September 2025 was at 5,418 USD/ton and the contract for delivery in November 2025 stopped at 5,321 USD/ton.

On the New York Stock Exchange, in the early morning of March 13, Arabica coffee prices shifted to a sharp downward trend compared to the previous day, with a decrease of 5.30 - 7 cents/lb, fluctuating between 354.25 - 396.40 cents/lb. Of which, the May 2025 delivery price reached 386.75 cents/lb; the July 2025 contract was at 378.55 cents/lb; the September 2025 contract was at 369.95 cents/lb, and the December 2025 contract was at 357.80 cents/lb.

For Brazilian Arabica coffee, prices fluctuated between 461.55 and 478.65 USD/ton, with different adjustments between terms. Specifically, the price for delivery in March 2025 reached 478.65 USD/ton; the May 2025 term was at 481.60 USD/ton; the July 2025 contract recorded 476.25 USD/ton, while the September 2025 term was priced at 461.50 USD/ton.

Domestic coffee hits record high

According to the update at 5:00 a.m. on March 13, 2025, coffee prices in the Central Highlands continued to increase compared to yesterday, with an adjustment of 2,500 - 2,700 VND/kg. Currently, the average purchase price is 133,900 VND/kg.

In detail, in Dak Lak, coffee is priced at 134,000 VND/kg, while in Lam Dong, it is 132,500 VND/kg. In Gia Lai, the recorded price is 133,800 VND/kg, while in Dak Nong, coffee is currently purchased at 134,000 VND/kg.

For the first time in a long time, domestic coffee prices have surpassed record highs, despite the impact of persistent inflation. Asia is now the world's largest coffee consuming region with demand continuing to rise strongly.

According to experts, the increase in coffee prices has contributed to improving the income of growers. However, the Vietnamese coffee industry is still facing many major challenges.

The trend of converting from raw coffee production to deep processing or high-quality organic coffee requires significant investment capital and a long time. Currently, most farmers still apply traditional farming methods, leading to many limitations in increasing product value.

Export markets are also becoming more demanding, as importers increasingly tighten quality standards. Tariff policies, export certification requirements and international technical regulations can reduce the competitiveness of Vietnamese coffee.

In particular, the EU Deforestation Regulation (EUDR) issued by the EU – a market that accounts for 41% of Vietnam’s total coffee export turnover – is creating additional pressure on domestic enterprises. Strict criteria on food safety, environmental protection and organic certification threaten to push up export costs, affecting profits as well as competitiveness in the international market.

Pepper prices increased sharply

As of 5:00 a.m. on March 13, 2025, domestic pepper prices recorded a high increase compared to the previous session, with a fluctuation range of 1,500 - 2,500 VND/kg. Currently, the average pepper purchase price in key areas reached 159,600 VND/kg.

Specifically, in Gia Lai, pepper prices suddenly recovered strongly, increasing by 1,500 VND/kg compared to yesterday, currently at 158,500 VND/kg.

In Ba Ria - Vung Tau, pepper prices continued to increase, recording an increase of 2,000 VND/kg, currently being purchased at 159,000 VND/kg.

Meanwhile, pepper prices in Binh Phuoc also increased by 2,000 VND/kg compared to the previous session, reaching 159,000 VND/kg.

In Dak Lak, pepper prices continued to increase by 2,000 VND/kg compared to the previous session, currently reaching 160,500 VND/kg.

Particularly in Dak Nong, pepper prices recorded the highest increase in the country, up 2,500 VND/kg, raising the purchasing price in this locality to 161,000 VND/kg.

World pepper market is stable

According to the International Pepper Community (IPC), as of 5:00 a.m. on March 13, 2025, the international pepper market remained stable, with no significant fluctuations compared to the previous session. However, in Indonesia, pepper prices recorded a slight decrease of 10 - 14 USD/ton.

Specifically, the price of Indonesian Lampung black pepper is currently at 7,254 USD/ton, down 10 USD/ton compared to the previous session. Meanwhile, the price of this country's Muntok white pepper is traded at 10,237 USD/ton, down 14 USD/ton.

The Malaysian pepper market remained stable compared to the previous session, with ASTA black pepper prices remaining at USD 9,800/ton, while ASTA white pepper was priced at USD 12,300/ton.

In Brazil, pepper prices have not fluctuated much, currently being purchased at 6,900 USD/ton.

Vietnam's pepper export market also tends to be stable but slightly decreasing. Specifically, the current export price of 500 g/l black pepper is 7,000 USD/ton, 550 g/l is 7,200 USD/ton, while white pepper is being traded at 10,000 USD/ton.

Pepper industry continues to face challenges

According to the Vietnam Pepper and Spice Association (VPSA), pepper prices have increased sharply compared to previous years, bringing significant benefits to farmers. It is forecasted that global demand for pepper will remain high, helping pepper prices continue to increase in the coming time.

In Vietnam, although pepper prices have increased, they are not attractive enough to encourage farmers to expand their growing areas. The main reason is that other crops such as durian bring higher profits, making many farmers not really interested in expanding their pepper growing areas.

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