Agricultural commodity prices on February 14, 2026: Coffee surges, pepper reverses course and declines slightly.

DNVN - On the international market, the price of Robusta coffee for March 2026 delivery climbed to $3,835 per ton, an increase of more than 2% compared to the previous session, while longer-term contracts fluctuated around $3,538 - $3,765 per ton with a similar increase.

Domestic coffee prices surged, reaching new highs.

According to reports from key coffee-growing regions, domestic coffee prices rose sharply this morning compared to the previous session, pushing prices to a new weekly high.

Illustrative image. Photo: Internet

In Dak Lak and Gia Lai, coffee prices both reached 97,500 VND/kg, an increase of 2,000 VND/kg compared to yesterday. In Lam Dong, prices increased by 1,900 VND/kg to 96,200 VND/kg, while Dak Nong (new Lam Dong) led the way with 97,700 VND/kg, an increase of 2,100 VND/kg.

The average price in the Central Highlands region is currently 97,600 VND/kg - a relatively high price during the period leading up to Tet, when the market is more active than usual.

Domestic export businesses are accelerating their procurement to fulfill orders before the Lunar New Year holiday, contributing to a sharp increase in transactions and pushing up domestic coffee prices.

Supply from farmers is showing signs of tightening as many households choose to hold onto their produce, waiting for higher prices after Tet (Lunar New Year), which reduces sales and creates further upward pressure on prices in the short term.

Experts predict that domestic coffee prices are likely to remain high in the coming days if the global market continues to stabilize. However, the risk of a correction remains due to profit-taking by international investors, along with the impact of exchange rates and logistics costs.

With the peak season leading up to Tet (Lunar New Year) underway, the coffee market is expected to continue its positive trend, offering optimistic signals for growers and export businesses.

On the New York exchange, Arabica coffee also extended its upward trend, with the March 2026 contract reaching nearly 300 cents/lb, up more than 1.6%. Long-term contracts continued to be pushed higher, reflecting the market's optimistic sentiment regarding the outlook for global coffee consumption.

Pepper prices fell slightly, and profit-taking pressure returned.

A survey conducted on the morning of February 14th showed that domestic pepper prices ranged from 148,000 to 150,500 VND/kg, a slight decrease of 500 VND/kg in some areas.

In Dak Nong (Lam Dong province), the purchase price decreased by 500 VND/kg to 150,500 VND/kg. Similarly, in Ba Ria - Vung Tau ( Ho Chi Minh City) and Gia Lai, the price also decreased by 500 VND/kg, to 148,500 VND/kg and 148,000 VND/kg respectively.

Dak Lak maintained its price at 150,500 VND/kg, while Dong Nai kept it at 148,000 VND/kg. The adjustment range was generally small, but it reflects the return of profit-taking and caution to the market.

According to data from the International Pepper Association (IPC), the export price of Indonesian black pepper fell by 0.26%, or $18 per ton, to $6,856 per ton after two consecutive days of increases.

In Brazil, ASTA 570 black pepper remains stable at $6,000/ton, while Malaysian black pepper stays at $9,100/ton. For Vietnam, export prices for black pepper fluctuate between $6,400 and $6,600/ton for the 500 g/l and 550 g/l grades.

In the white pepper group, Muntok Indonesia recorded a decrease of 0.27% (US$25/ton), to US$9,280/ton. Meanwhile, white pepper from Malaysia and Vietnam remained unchanged at US$12,100/ton and US$9,150/ton respectively.

Indonesia's downward trend is seen as a technical correction after a period of increase, as supply from the new harvest is entering the market.

According to data from the ITC, Indonesia exported a total of 35,212 tons of pepper in 2025, a decrease of 36.5% compared to 2024, equivalent to a reduction of more than 20,000 tons.

Major import markets including Vietnam (7,356 tons, accounting for 20.9%), the US (4,824 tons), China (4,792 tons) and India (4,443 tons) all recorded significant decreases compared to the previous year.

According to a report by the Vietnam Pepper and Spice Association (VPSA), Indonesia's pepper production in 2025 is estimated at 53,000 tons, a decrease of 10.1% due to heavy rains and a decline in planted area and yield. Inventory is only around 13,000 tons – the lowest level in many years.

In the fourth quarter of 2025, the price of Lampung black pepper from Indonesia remained above US$7,000 per ton, but decreased slightly in December as exports increased. The average price for the year was approximately US$7,260 per ton – higher than Vietnam but lower than India.

For white pepper, Muntok prices in Q4 2025 are expected to fluctuate around US$9,700 - US$10,100 per ton, a slight decrease compared to Q3 as new supply is released. On average for the whole year 2025, Indonesian white pepper prices are expected to reach approximately US$10,000 per ton, fluctuating within a narrow range.

Experts believe Indonesia will continue to play the role of a "mid-range price benchmark" in the global pepper market, directly competing with Vietnam in the mid-range segment and taking advantage of seasonal factors to expand its market share when Vietnam's supply decreases.

Lan Le

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-14-2-2026-ca-phe-but-pha-manh-ho-tieu-quay-dau-giam-nhe/20260214095911928