Agricultural product prices on March 19, 2025: Coffee and pepper continue to increase

DNVN - On March 19, 2025, coffee prices continued to increase compared to the previous session, with adjustments ranging from VND 1,000 - 1,700/kg, raising the average purchase price to VND 134,000/kg. Pepper also increased by VND 1,000 - 2,000/kg, with the average price in key areas reaching VND 159,900/kg.

Coffee prices continue to rise

At the London exchange, at 5:00 a.m. on March 19, 2025, Robusta coffee prices fluctuated slightly between terms, ranging from 5,225 - 5,522 USD/ton. Specifically, the May 2025 futures price reached 5,469 USD/ton; the July 2025 futures price was 5,452 USD/ton; the September 2025 futures price was 5,391 USD/ton; and the November 2025 futures price was 5,291 USD/ton.

Meanwhile, the price of Arabica coffee on the New York floor in the early morning of March 19 maintained a slight increase compared to the previous day, with an adjustment of 0.30 - 1.10 cents/lb, bringing the price to 356.90 - 387.95 cents/lb. Specifically, the May 2025 term reached 383.85 cents/lb; the July 2025 term was at 377.60 cents/lb; the September 2025 term was 370.90 cents/lb; and the December 2025 term was recorded at 360.75 cents/lb.

The trading session on March 19 also recorded adjustments in the price of Brazilian Arabica coffee between terms, fluctuating between 460.50 - 474.90 USD/ton. Specifically, the March 2025 term reached 472.00 USD/ton; the May 2025 term was 476.95 USD/ton; the July 2025 term was 474.70 USD/ton and the September 2025 term recorded 462.95 USD/ton.

Domestic coffee prices continue to rise

Today, at 5:00 a.m. on March 19, 2025, coffee prices in the Central Highlands maintained an upward trend compared to the previous trading session, with adjustments ranging from 1,000 - 1,700 VND/kg, bringing the average purchase price to 134,000 VND/kg.

Regionally, coffee prices in Dak Lak are currently at VND134,000/kg, while in Lam Dong, the price is recorded at VND132,700/kg. Coffee purchasing prices in Gia Lai and Dak Nong are both at VND134,000/kg.

Coffee prices have remained high in recent months, bringing good profits to farmers. However, experts warn that hoarding at this time can be risky.

A representative of the Vietnam Coffee and Cocoa Association said that coffee prices may stabilize in the short term. It is expected that in the second and third quarters of 2025, prices may fluctuate strongly as many countries enter the harvest season, especially Brazil - the world's largest coffee producer.

In addition to seasonal factors, the coffee market is also affected by speculative activities and trade tensions between major economies . Changes in global economic or trade policies can directly affect coffee prices, forcing businesses to be cautious in their inventory strategies.

With prices remaining above VND100,000/kg, coffee growers earn good profits when selling their products. However, for businesses, this opens up opportunities but also poses many challenges. In fact, many businesses have made large profits thanks to high coffee prices in recent times, but many have also encountered difficulties due to stockpiling goods at the wrong time.

Pepper prices continue to rise

Early morning of March 19, 2025, domestic pepper prices maintained an upward trend compared to the previous session, with an increase ranging from 1,000 - 2,000 VND/kg. Currently, the average purchase price in key areas is 159,900 VND/kg.

In Gia Lai province, pepper price this morning increased by 1,500 VND/kg compared to yesterday, currently reaching 159,500 VND/kg.

Along with that, pepper price in Ba Ria - Vung Tau also continued to increase by 1,000 VND/kg compared to the previous session, bringing the purchase price to 159,000 VND/kg.

In Dak Lak and Dak Nong, pepper prices increased by 1,000 VND/kg compared to yesterday, traders are currently purchasing at 161,000 VND/kg.

In Binh Phuoc alone, pepper prices rebounded after the previous decrease, with an adjustment of VND2,000/kg, raising pepper prices in this locality to VND159,000/kg.

World pepper price situation

According to the update from the International Pepper Community (IPC) at 5:00 a.m. on March 19, 2025, the world pepper market continues to remain stable and high. However, pepper prices in Indonesia have decreased again after yesterday's increase, with an adjustment of 23 - 33 USD/ton.

Specifically, the price of Indonesian Lampung black pepper has decreased slightly after the previous session, currently trading at 7,298 USD/ton. Meanwhile, Muntok white pepper is being purchased at 10,250 USD/ton.

The Malaysian pepper market maintained stable prices compared to the previous session, with ASTA black pepper at USD 9,800/ton and ASTA white pepper at USD 12,300/ton.

Pepper prices in Brazil have not fluctuated much, currently trading at 6,900 USD/ton.

Vietnam's pepper export market remains stable, with some slight downward adjustments. Currently, Vietnamese black pepper 500 g/l is priced at 7,000 USD/ton; 550 g/l is at 7,200 USD/ton, while white pepper is being traded at 10,000 USD/ton.

Pepper production situation in Vietnam

In Dong Nai, especially in Long Khanh, people are in the pepper harvest season. Compared to previous years, pepper prices this year remain high, helping people have better income. It is forecasted that the demand for pepper in the world will remain stable at a high level, which may cause pepper prices to continue to increase in the coming time.

However, despite the good price of pepper, pepper growers are still not really satisfied. In recent years, pepper acreage and output have continuously decreased due to price fluctuations, causing many farmers to worry.

In 2024, the prolonged dry season with erratic weather affected pepper crop yields. Some areas recorded a 20-40% decrease in yields compared to the previous year. In addition, the phenomenon of pepper plants flowering and fruiting twice but the second crop having a high percentage of empty seeds also significantly affected yields.

Many farmers have shifted part of their cultivation area to other crops. However, in the context of reduced supply, global demand is still increasing, helping Vietnamese pepper prices remain high.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-19-3-2025-ca-phe-va-ho-tieu-tiep-tuc-bat-tang/20250319095324430