Agricultural product prices on March 4, 2025: Coffee and pepper both increased slightly

DNVN - The agricultural market today, March 4, 2025, recorded an increase of 500 VND/kg in coffee prices compared to the previous day, currently the average price is 130,000 VND/kg. Along with that, pepper prices also increased slightly by 200 VND/kg compared to the previous trading session, the common purchasing price in key areas reached 158,000 VND/kg.

Coffee prices reverse upward

At 5:00 a.m. on March 4, 2025, the London Exchange witnessed Robusta coffee prices rising across the board, increasing from 141 - 156 USD/ton, fluctuating between 5,143 - 5,547 USD/ton. Of which, the price for delivery in May 2025 was recorded at 5,486 USD/ton (up 156 USD/ton), the price for delivery in July 2025 was 5,444 USD/ton (up 154 ​​USD/ton), the price for delivery in September 2025 was 5,379 USD/ton (up 151 USD/ton), and the price for delivery in November 2025 was 5,282 USD/ton (up 141 USD/ton).

In addition, the New York market also witnessed Arabica coffee prices increase compared to the previous day, an increase of 13.25 - 13.60 cents/lb, bringing the futures trading prices to around 347.30 - 389.95 cents/lb. Specifically, the price for delivery in May 2025 increased to 386.65 cents/lb (up 13.60 cents/lb), the price for delivery in July 2025 reached 378.20 cents/lb (up 13.45 cents/lb), the price for delivery in September 2025 increased to 369.40 cents/lb (up 13.40 cents/lb), while the December 2025 futures reached 357.75 cents/lb (up 12.25 cents/lb).

The morning trading session on March 4, 2025 showed that the price of Brazilian Arabica coffee fluctuated between terms, with a fluctuation range of 445.00 - 464.00 USD/ton. Specifically, the March 2025 term was adjusted down to 461.25 USD/ton (down 2.25 USD/ton), the May 2025 term increased to 465.00 USD/ton (up 3.10 USD/ton), while the July 2025 and September 2025 terms were recorded at 457.95 USD/ton and 445.00 USD/ton, respectively.

Data updated at 5:00 a.m. on March 4, 2025 recorded that domestic coffee prices increased slightly by VND 500/kg compared to the previous day, currently the average purchase price reached VND 130,000/kg.

In some localities, coffee prices have slightly differed. Specifically, Dak Lak province recorded 130,000 VND/kg, Lam Dong is currently at 128,800 VND/kg, while Gia Lai and Dak Nong both reached 130,000 VND/kg.

Coffee prices in the Vietnamese market have remained above VND100,000/kg for nearly a year, and this trend is expected to continue as supply shows no signs of improvement.

According to Mr. Trinh Duc Minh, Chairman of Buon Ma Thuot Coffee Association, "coffee prices remain high mainly due to supply and demand factors, in addition to the influence of the world economic and political situation."

Coffee production in Brazil is being affected by drought, while in Vietnam, the recent harvest recorded a 10-15% decrease, leading to a decrease in inventories.

Forecasts from the Brazilian Coffee Industry Association (ABIC) show that global coffee prices may continue to increase in the coming time. The reason comes from the fact that this country has experienced 4 consecutive years of difficulties due to extreme weather, negatively affecting production and exports.

Currently, the coffee harvest in Brazil is still a few months away, while Vietnam will enter the harvest at the end of this year. According to Mr. Trinh Duc Minh, coffee prices are likely to remain high throughout 2025.

Pepper prices increased slightly

The domestic pepper market on the morning of March 4, 2025 recorded a slight increase of 200 VND/kg compared to the previous trading session. Currently, the average purchasing price in key localities reached 158,000 VND/kg.

In Gia Lai, pepper prices remained stable compared to the previous day, with the current purchase price in this locality being 157,000 VND/kg. Similarly, in Ba Ria - Vung Tau , pepper prices fluctuated at 157,000 VND/kg.

Meanwhile, pepper prices in Binh Phuoc have fluctuated little after the previous sharp increase, with traders currently purchasing at 158,000 VND/kg.

In Dak Lak, the pepper market maintained its upward momentum and high prices, currently the purchase price reached 159,000 VND/kg.

Dak Nong province recorded a slight increase this morning, adjusted to 159,200 VND/kg, an increase of 200 VND/kg compared to the previous day.

According to the update from the International Pepper Community (IPC) at 5:00 a.m. on March 4, 2025, the global pepper market became more vibrant with a strong increase, in which pepper prices in Indonesia recorded a significant increase of 65 - 177 USD/ton compared to the previous trading session. Other regions remained stable and anchored at a high level.

Specifically, IPC announced that the price of Indonesian Lampung black pepper reached 7,300 USD/ton (up 65 USD/ton), while the price of Muntok white pepper increased sharply to 10,136 USD/ton (up 177 USD/ton).

The Malaysian market continues to remain stable, with ASTA black pepper purchased at $9,700/ton, while ASTA white pepper remains at $12,200/ton.

In Brazil, after a slight increase in the previous session, pepper prices are holding at 6,850 USD/ton.

Vietnam's pepper export market tends to be stable and slightly increasing, in which 500 g/l black pepper exported reached 6,900 USD/ton, 550 g/l black pepper had a price of 7,100 USD/ton, and white pepper is currently at 9,900 USD/ton.

After the Tet holiday, farmers in Dak Nong are preparing for the pepper harvest. This year, pepper prices have shown many positive signs, expecting a bumper crop. This is also the locality with the largest pepper growing area in the country.

In addition to maintaining output, Dak Nong is promoting the application of high technology in production in key specialized areas.

In recent years, pepper cultivation in the locality has seen many positive changes, towards organic and sustainable development. In particular, Dak Nong pepper products have been granted geographical indications, contributing to increasing export value.

In the coming time, to ensure quality and meet international market standards, farmers need to continue applying safe farming models and limit the use of pesticides.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-4-3-2025-ca-phe-va-ho-tieu-dong-loat-nhich-nhe/20250304085502864