Agricultural product prices on March 5, 2025: Coffee skyrockets, pepper continues to rise

DNVN - On March 5, 2025, domestic coffee prices recorded a sharp increase of VND 2,800 - 3,000/kg, pushing the average purchase price to VND 132,900/kg. Meanwhile, pepper prices maintained the upward trend of the previous day, however, price movements in localities were different.

Coffee Breaks Out Strongly

On the London exchange, at 5:00 a.m. on March 5, 2025, Robusta coffee prices continued to increase impressively compared to the previous session, with an adjustment of 142 - 159 USD/ton, ranging from 5,258 - 5,650 USD/ton. Specifically, the trading price for May 2025 reached 5,645 USD/ton (up 159 USD/ton), the July 2025 term was at 5,599 USD/ton (up 155 USD/ton), September 2025 reached 5,523 USD/ton (up 144 USD/ton) and the November 2025 term closed at 5,424 USD/ton (up 142 USD/ton).

Similarly, the price of Arabica coffee on the New York floor also had a significant breakthrough compared to the previous session, with an increase of 8 - 11.75 cents/lb, the trading level fluctuated from 356.30 - 401.55 cents/lb. Specifically, the May 2025 term was at 398.40 cents/lb (up 11.75 cents/lb), the July 2025 term reached 387.70 cents/lb (up 9.50 cents/lb), September 2025 was at 377.55 cents/lb (up 8.15 cents/lb) and the December 2025 term closed at 365.75 cents/lb (up 8 cents/lb).

In the Brazilian market, after the morning session of March 5, Arabica coffee prices had a slight adjustment between delivery terms, ranging from 445.00 - 464.00 USD/ton. Specifically, the March 2025 term reached 461.25 USD/ton (down 2.25 USD/ton), May 2025 was at 461.50 USD/ton (down 0.40 USD/ton), July 2025 was at 457.95 USD/ton and September 2025 increased to 445.00 USD/ton (up 1.30 USD/ton).

Updated at 5:00 a.m. on March 5, 2025, coffee prices in the Central Highlands region increased sharply from 2,800 - 3,000 VND/kg, bringing the average purchase price to 132,900 VND/kg.

Details in some localities are as follows: Dak Lak recorded a price of 133,000 VND/kg, Lam Dong reached 131,000 VND/kg, Gia Lai had a price of 132,800 VND/kg, while Dak Nong was also purchasing at 133,000 VND/kg.

Mr. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association (VICOFA), commented: “In February 2025, Vietnam's coffee exports reached 193,031 tons, bringing in more than 1.08 billion USD.”

For the first time, Vietnam's coffee export turnover exceeded the $1 billion mark in just one month. This result was achieved thanks to the highest export volume since the beginning of the harvest season (from October 2024), ranging from 50,000 - 155,000 tons/month. At the same time, the export price of coffee also remained high, averaging $5,596/ton, including processed products.

In the first two months of 2025, the total volume of coffee exports reached 343,331 tons, with a turnover value of more than 1.87 billion USD. Of which, coffee bean exports reached 315,615 tons, earning more than 1.65 billion USD. Although output decreased by 14.8% compared to the same period last year, export value still increased sharply by 50%.

Pepper continues its upward trend

Updated at 5:00 a.m. on March 5, 2025, domestic pepper prices continued to increase compared to the previous trading session, but price movements between localities were different. Currently, the average pepper purchase price in key regions reached 158,300 VND/kg.

In Gia Lai , pepper prices remained stable compared to the previous session, currently trading at 157,000 VND/kg.

Similarly, the Binh Phuoc market fluctuated little, with pepper purchasing prices remaining at VND150,000/kg. In Dak Nong, pepper prices remained unchanged from the previous session, standing at VND159,200/kg.

In Dak Lak area alone, there was a slight increase of 200 VND/kg compared to yesterday, currently pepper price here reached 159,200 VND/kg.

Ba Ria - Vung Tau is the locality that recorded the highest increase, with an adjustment range of 1,000 VND/kg compared to the previous session, bringing pepper price to 158,000 VND/kg.

According to a report from the International Pepper Community (IPC), updated at 5:00 a.m. on March 5, 2025, the global pepper market is still on the rise, with pepper prices in Indonesia continuing to adjust up from 28 - 39 USD/ton. Meanwhile, other markets remain stable.

Details of pepper prices in Indonesia are as follows: Lampung black pepper reached 7,328 USD/ton (up 28 USD/ton), Muntok white pepper reached 10,175 USD/ton (up 39 USD/ton).

The Malaysian market remained stable, with ASTA black pepper prices at USD 9,700/ton and ASTA white pepper at USD 12,200/ton.

In Brazil, pepper prices after a previous slight adjustment are now stable at 6,850 USD/ton.

Pepper export prices from Vietnam tend to be stable and decrease slightly. Currently, black pepper of 500 g/l is being traded at 6,900 USD/ton, 550 g/l is at 7,100 USD/ton, while white pepper is priced at 9,900 USD/ton.

Since the beginning of 2025, domestic pepper prices have increased sharply, with an amplitude of 10,000 - 12,000 VND/kg. In February alone, pepper prices increased by 10,000 - 11,000 VND/kg, bringing the current price to 157,000 - 159,000 VND/kg. Compared to the same period last year, domestic pepper prices have increased by 65 - 70%.

The main reason for the increase in pepper prices is the sharp decrease in cultivated area over the past decade, as farmers switch to other crops such as coffee and durian. At the same time, consumption demand from major markets such as Europe and the US is increasing significantly.

The sharp increase in pepper prices has helped farmers improve their income and restore confidence in the crop once known as the "black gold" of the Central Highlands. For sustainable development, Gia Lai aims to maintain pepper growing areas of about 8,500 - 10,000 hectares, focusing on developing large-scale production areas...

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-5-3-2025-ca-phe-tang-vot-ho-tieu-tiep-tuc-di-len/20250305082447536