The MXV-Index fell to its lowest level in nearly a month.

Global commodity markets continue to face selling pressure as cautious sentiment prevails across many product categories.

At closing, the MXV-Index fell nearly 0.4% to 2,344 points, its lowest level since the end of November.

Red dominates the industrial raw materials market. Source: MXV

At the close of trading on Monday, the industrial raw materials group saw widespread declines across most key commodities. In particular, cocoa prices fell by more than 6.4% to $5,876 per ton.

According to the Vietnam Commodity Exchange (MXV), the decline in cocoa prices stems from the temporary easing of supply concerns in West Africa, while the global demand outlook remains unfavorable.

In the week ending December 14th, cocoa arrivals at ports in Ivory Coast reached 91,000 tons, an increase from the previous week and higher than the same period last year. Since the beginning of the 2025-2026 crop year, total shipments have reached 894,000 tons, nearly equivalent to the same period last year but still below the five-year average. This development indicates that supply is gradually stabilizing after a period of significant volatility at the beginning of the season.

Regarding consumer demand, figures show a sharp decline in chocolate sales in North America, while third-quarter cocoa grinding activity in Asia and Europe fell by 17% and 4.8% respectively, reflecting weak purchasing power amid high costs and persistent inflation.

Red dominated the metal commodities market. Source: MXV

In contrast to cocoa, COMEX copper prices recovered nearly 1% to $11,931 per ton after falling at the end of last week.

The slight weakening of the US dollar supported buying interest, alongside concerns that the US might impose import tariffs on refined copper next year. This risk led to a continued influx of metal into the US, pushing COMEX inventories up sharply, while LME inventories fell significantly.

However, the recovery in copper prices is still being hampered by less-than-positive economic signals from China.

In the domestic market, the recent recovery in copper prices has made import costs more expensive, thus contributing to a decrease in import demand. According to preliminary data from the Vietnam Customs Department, copper imports in November were only around 38,000 tons, a decrease of more than 14% compared to October.

Source: https://hanoimoi.vn/chi-so-mxv-index-xuong-muc-thap-nhat-trong-gan-mot-thang-727006.html