Agricultural product prices on March 20, 2025: Pepper slightly decreased, coffee continued to remain high

DNVN - On March 20, 2025, the agricultural market recorded that coffee continued to remain stable compared to the previous session and remained at a high level, currently the average purchase price reached 134,000 VND/kg. Meanwhile, pepper decreased slightly from 500 - 1,000 VND/kg compared to yesterday. In key purchasing areas, the average pepper price is at 159,600 VND/kg.

Coffee prices are stable

At the London floor, at 5:00 a.m. on March 20, 2025, Robusta coffee prices ended the trading session with an upward trend compared to the previous day, an increase of 57 - 62 USD/ton, fluctuating between 5,222 - 5,543 USD/ton. Specifically, the delivery price for May 2025 reached 5,527 USD/ton, the July 2025 term was 5,509 USD/ton, September 2025 recorded 5,453 USD/ton, and November 2025 was 5,355 USD/ton.

On the New York Stock Exchange, early on March 20, Arabica coffee prices continued to increase compared to the previous session, with an increase of 5.90 - 7.20 cents/lb, currently fluctuating from 357.20 - 393.80 cents/lb. Specifically, the futures price for May 2025 reached 391.05 cents/lb, July 2025 was at 384.05 cents/lb, September 2025 reached 376.80 cents/lb, and December 2025 recorded 367.00 cents/lb.

At the end of the trading session, the price of Brazilian Arabica coffee had a slight increase in the delivery terms. The recorded prices were: March 2025 reached 472.00 USD/ton, May 2025 reached 488.05 USD/ton, July 2025 had a price of 474.70 USD/ton, and September 2025 reached 476.00 USD/ton.

Domestic coffee prices remain high

In the domestic market, at 5:00 a.m. this morning (March 20, 2025), coffee prices in the Central Highlands remained stable, unchanged from yesterday and maintained at a high level, currently the average purchase price is 134,000 VND/kg.

Details in some localities: coffee price in Dak Lak is at 134,000 VND/kg, Lam Dong recorded 132,700 VND/kg, Gia Lai reached 134,000 VND/kg, and in Dak Nong, the current price is 134,000 VND/kg.

According to some experts, domestic coffee prices may face slight downward pressure in the coming time. The reason is that new supply from the harvest is gradually being added to the market, while global demand shows signs of decreasing due to the current high price.

However, the decrease may not be too deep because the amount of goods from farmers to the market is not too abundant. In the past year, coffee prices have increased sharply, helping growers have a stable source of income, so the financial pressure is not great, creating conditions for them to proactively keep goods instead of selling them en masse.

Pepper prices slightly decreased

Information updated at 5:00 a.m. on March 20, 2025 shows that domestic pepper prices have slightly decreased in some areas. In Dak Lak and Dak Nong, pepper prices decreased by 500 - 1,000 VND/kg compared to yesterday. Currently, the average purchase price in key localities is 159,600 VND/kg.

In Gia Lai province, pepper price today remains stable at 159,500 VND/kg, unchanged from the previous day.

Similarly, the market in Ba Ria - Vung Tau maintains a stable price, currently pepper is traded at 159,000 VND/kg.

In Binh Phuoc, pepper prices fluctuated little and continued to move sideways compared to the previous session, currently trading around 159,000 VND/kg.

Meanwhile, pepper prices in Dak Lak tend to decrease slightly compared to yesterday, with an adjustment of 1,000 VND/kg, currently being purchased at 160,000 VND/kg.

In Dak Nong alone, pepper prices decreased by 500 VND/kg but are still the highest in the country at 160,500 VND/kg.

World pepper market fluctuates in opposite directions

According to the International Pepper Community (IPC), at 5:00 a.m. on March 20, 2025, world pepper prices recorded mixed trends in different regions. Specifically, the Indonesian market continued to decline, while Vietnam's pepper export prices increased again after many days of stability, with an increase of 100 USD/ton.

In Indonesia, IPC announced that the price of Lampung black pepper continued to decrease slightly compared to the previous session, currently reaching 7,255 USD/ton, while Muntok white pepper also decreased similarly, currently being purchased at 10,190 USD/ton.

In Malaysia, the pepper market remained stable compared to the last session. Specifically, the price of ASTA black pepper in this country is at 9,800 USD/ton, while ASTA white pepper is at 12,300 USD/ton.

For Brazil, pepper prices have almost no significant fluctuations, remaining high at 6,900 USD/ton.

In the Vietnamese market, pepper export prices continue to remain stable and tend to increase again. Currently, the export price of 500 g/l black pepper is at 7,100 USD/ton, 550 g/l is at 7,300 USD/ton, while white pepper is priced at 10,100 USD/ton.

Vietnam pepper industry faces new opportunities

The 2025 pepper crop in Vietnam, which begins after the Lunar New Year holiday and lasts until around March and April, is affected by drought. Many pepper gardens have seen their yields decrease by 20-40% compared to last year, causing a significant reduction in supply. However, demand from key markets such as the US, EU and China remains stable, contributing to a sharp increase in pepper prices.

Notably, in March 2025, the Vietnam Pepper and Spices International Conference - VIPO 2025 attracted great attention from the international business community. This event witnessed many important cooperation agreements between Vietnam and partners from China and the US, creating great opportunities for the domestic spice industry.

In addition, key markets such as the US, Europe and the Middle East are boosting pepper imports to meet consumer and food processing needs. This is a favorable factor helping domestic enterprises increase purchases to meet export orders.

Currently, Vietnamese pepper is gradually shifting to the high-end product segment, focusing on organic pepper and deeply processed pepper to increase export value.

In the first two months of 2025, the average export price of pepper reached 6,746 USD/ton, up more than 68% over the same period last year, marking the highest level in nearly a decade. Vietnam continues to maintain its position as the world's leading pepper exporter.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-20-3-2025-ho-tieu-giam-nhe-ca-phe-tiep-tuc-giu-o-muc-cao/20250320083841390