Agricultural product prices on April 10, 2025: Coffee plummets, pepper continues to lose value

Coffee prices continue to trend downward

Illustration photo. Photo: Internet

At the London exchange at 5:00 a.m. on April 10, 2025, the Robusta coffee market recorded a fluctuating trend with an amplitude ranging from 4,481 - 4,917 USD/ton. The contract price for May 2025 reached 4,873 USD/ton, July 2025 was 4,797 USD/ton, September 2025 was 4,735 USD/ton and the November 2025 term reached 4,654 USD/ton.

Meanwhile, on the New York Stock Exchange, Arabica coffee prices rebounded sharply in the early morning of April 10, after falling in the previous session, with an increase range of 9.80 to 10.20 cents/lb, trading in the range of 315.35 - 353.75 cents/lb. Specifically, the May 2025 term reached 353.00 cents/lb, July 2025 was 351.55 cents/lb, September 2025 was at 347.10 cents/lb and December 2025 was trading at 341.90 cents/lb.

However, after the trading session, Brazilian Arabica coffee prices still recorded a lower price than yesterday, ranging from 409.30 - 475.00 USD/ton. Specifically, the May 2025 term was at 474.80 USD/ton, July 2025 was 427.10 USD/ton, September 2025 was recorded at 419.00 USD/ton and December 2025 was 409.30 USD/ton.

In the domestic market, a survey at 5:00 a.m. on April 10, 2025 showed that coffee prices in the Central Highlands provinces continued to decline, losing another VND2,000/kg compared to yesterday. The average purchase price is currently recorded at VND118,000/kg.

Specifically, today's coffee price in Dak Lak is 118,000 VND/kg; in Lam Dong it is 116,000 VND/kg; in Gia Lai it is being purchased at 118,000 VND/kg and in Dak Nong, the price also reached 118,000 VND/kg.

“Coffee roasters in the United States who import from Vietnam, Indonesia and Nicaragua are considering renegotiating with their partners to find alternative sources of supply,” an international coffee trader said, according to Reuters. Vietnam’s current tariffs are 46 percent, Indonesia’s 32 percent and Nicaragua’s 18 percent, while Brazil and Colombia are only subject to 10 percent tariffs.

A report from Escritório Carvalhaes, a Brazilian coffee exporter, said the global coffee market is entering a period of uncertainty due to changes in the global trading system. The exact consequences are still unclear, and the industry is still waiting for new moves from the Trump administration to determine the next direction.

The downward trend continues to dominate the pepper market.

At 5:00 a.m. on April 10, 2025, domestic pepper prices continued to decline, losing another VND 1,000/kg compared to yesterday. Currently, the average price in key areas reached VND 147,800/kg.

In Gia Lai province, pepper prices continued to decrease by 1,000 VND/kg compared to the previous session, currently being purchased at 147,000 VND/kg.

In Ba Ria - Vung Tau , pepper prices also dropped by VND 1,000/kg, recorded at VND 148,000/kg at present.

Dak Lak market recorded a decrease of 1,000 VND/kg in pepper price compared to the previous day, the purchase price is stable at 148,000 VND/kg.

In the two localities of Binh Phuoc and Dak Nong, pepper prices continued to fall by VND1,000/kg, currently being purchased at the same price of VND148,000/kg.

According to the updated information from the International Pepper Community (IPC) at 5:00 a.m. on April 10, 2025, the global pepper market is still in a downward trend. Specifically, pepper prices in Indonesia recorded a slight decrease compared to yesterday; the Vietnamese market has decreased sharply after many days of stability; while other countries still maintain stable prices.

IPC said that the price of Indonesian Lampung black pepper is currently traded at 7,078 USD/ton; while Muntok white pepper is purchased at 9,710 USD/ton.

In Malaysia, the pepper market remained stable compared to the previous session, with ASTA black pepper prices reaching USD 9,850/ton and ASTA white pepper traded at USD 12,300/ton.

The Brazilian market is currently recording stable pepper prices after previous declines, with a purchase price of 6,800 USD/ton.

In Vietnam, the export price of pepper is falling sharply, losing up to 500 USD/ton. Of which, black pepper 500 g/l is currently priced at 6,600 USD/ton; 550 g/l is 6,800 USD/ton; and white pepper remains at 9,600 USD/ton.

The sharp decline in domestic pepper prices is said to be due to pressure from post-harvest supply and concerns about retaliatory tariffs from the US. Many farmers and exporters are worried about the consumption situation in the coming time.

Mr. Le Viet Anh, General Secretary of the Vietnam Pepper and Spice Association (VPSA), shared: “Some orders have been requested to be temporarily suspended by partners and they are waiting for more information on tax policies.” The President of VPSA is currently on a business trip to the US to negotiate to remove tariff obstacles.

This development has had a significant impact on domestic production. Many export enterprises are facing the risk of cash flow shortages, increasing inventories, while raw material procurement activities have been disrupted, leading to continuous declines in pepper prices in recent days.

If solutions are not implemented promptly, the Vietnamese pepper industry may lose its position in the US market. This will also negatively impact export turnover in 2025 and reduce pepper growing areas in raw material areas.

Currently, many traders are rushing to sell due to fear of risks from tax policies. In addition, there is also a situation where some traders spread rumors to buy up inventory at low prices, causing market disruption.

In the long term, businesses need to invest in deep processing to reduce dependence on raw material exports. At the same time, expanding export markets will help limit risks if a major market experiences fluctuations, and avoid price squeezes.

Along with that, it is necessary to increase transparency throughout the supply chain. Letting third countries borrow Vietnam's name to avoid taxes as before is something that needs to be strictly controlled.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-10-4-2025-ca-phe-lao-doc-manh-ho-tieu-tiep-tuc-mat-gia/20250410101327351