DNVN - Coffee prices on February 17, 2025 continued to remain high, with an average of VND 131,000/kg. Meanwhile, pepper remained unchanged from the previous trading session, with the average pepper purchase price in key areas remaining at VND 158,400/kg.
Coffee prices remain stable
At the London floor, at 5:00 a.m. on February 17, 2025, Robusta coffee prices continued to remain stable compared to the previous day. Specifically, the price for the March 2025 delivery period was recorded at 5,735 USD/ton, the May 2025 delivery period was 5,726 USD/ton, the July 2025 delivery period was 5,674 USD/ton and the September 2025 delivery period was 5,599 USD/ton.
Similarly, the New York market recorded Arabica coffee prices remaining unchanged after the end of the trading session. The futures prices were as follows: March 2025 at 419.75 cents/lb, May 2025 at 407.40 cents/lb, July 2025 at 393.40 cents/lb and September 2025 at 379.80 cents/lb.
At the same time, the price of Brazilian Arabica coffee continued to be maintained with the March 2025 term reaching 510.45 USD/ton, May 2025 at 500.00 USD/ton, July 2025 at 495.85 USD/ton and September 2025 term closing at 478.00 USD/ton.
At 5:00 a.m. on February 17, 2025, the domestic market recorded that coffee prices remained high, averaging 131,000 VND/kg.
The highest purchase price in the Central Highlands provinces reached 131,000 VND/kg. Specifically, in Dak Lak, the coffee price remained at 131,000 VND/kg, in Lam Dong it was recorded at 129,500 VND/kg, while Gia Lai and Dak Nong both had prices of 131,000 VND/kg.
Compared to last week, coffee prices in Dak Nong, Dak Lak and Gia Lai have increased by VND1,500/kg. Lam Dong province alone currently has the lowest price, reaching VND129,500/kg, an increase of VND1,000/kg.
Over the past 5 weeks, domestic coffee prices have been on a continuous upward trend with a total increase of 11,000 - 12,000 VND/kg. Notably, in some recent trading sessions, coffee prices have reached 133,000 VND/kg, approaching the historical peak of 134,200 VND/kg set in April 2024.
Pepper prices remain unchanged.
The pepper market on the morning of February 17, 2025 continued to remain stable, with no change compared to the previous trading session. The average pepper price in key areas remained at VND 158,400/kg, with the highest price reaching VND 160,000/kg.
Specifically, in Gia Lai, pepper is purchased at an unchanged price of VND157,000/kg. Similarly, in Binh Phuoc, pepper prices are also maintained at VND157,000/kg.
Meanwhile, Ba Ria - Vung Tau area recorded higher pepper prices, with the current purchase price reaching 158,000 VND/kg.
In Dak Nong and Dak Lak provinces, pepper prices are currently at the highest level in the country, reaching 160,000 VND/kg.
According to an update from the International Pepper Community (IPC) at 4:00 a.m. on February 17, 2025, global pepper prices remain stable and remain high.
Specifically, in Indonesia, the price of Lampung black pepper is currently listed at 7,294 USD/ton, while the price of Muntok white pepper is at 10,068 USD/ton.
The Malaysian market also showed stability, with ASTA black pepper prices currently at $9,000/ton, and ASTA white pepper at $11,600/ton.
Pepper export prices in Brazil remain unchanged at 6,800 USD/ton compared to the previous trading session.
In Vietnam, pepper export prices have shown signs of a slight decrease. Specifically, black pepper of 500 g/l is currently priced at 6,500 USD/ton, 550 g/l is priced at 6,650 USD/ton, and white pepper is traded at 9,550 USD/ton.
Last week, domestic pepper prices saw significant adjustments, with a sharp increase of VND6,000/kg in the middle of the week before falling back to VND160,000/kg at the end of the week.
However, compared to last week, domestic pepper prices still recorded an increase of 1,000 to 2,000 VND/kg, marking the second consecutive week of price increase after the Lunar New Year holiday.
Of which, Dak Lak region had the strongest increase, up to 2,000 VND/kg, while other localities recorded an increase of 1,000 VND/kg. Binh Phuoc was the only region with no change in price compared to last week.
Experts say the increase in domestic pepper prices is mainly due to increased demand, while domestic supply and inventory are low. In addition, this year's harvest season is delayed by about a month compared to usual due to the impact of weather conditions.
It is forecasted that in 2025, Vietnam's pepper exports will have many favorable opportunities, and pepper prices are likely to remain high as supply in some major producing countries is showing signs of decline.
Lan Le (t/h)
Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-17-2-2025-ca-phe-va-ho-tieu-tiep-tuc-duy-tri-muc-cao/20250217110410124
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