Agricultural product prices on January 18, 2025: Coffee increased significantly, pepper remained stable

DNVN - Today's agricultural market recorded a strong increase in coffee prices, with an increase of 1,500 to 1,800 VND/kg, ranging from 115,600 to 116,300 VND/kg. Meanwhile, pepper purchasing prices remained stable in major regions, currently ranging from 145,000 to 146,000 VND/kg.

International coffee prices reverse sharply

On the London floor, as of 5:00 a.m. on January 18, 2025, Robusta coffee prices recorded a strong recovery with high increases in all terms. Specifically, the March 2025 term reached 5,006 USD/ton, May 2025 was 4,962 USD/ton, July 2025 was 4,881 USD/ton, and September 2025 recorded 4,790 USD/ton.

Similarly, New York Arabica coffee prices also continued to increase in the session on January 18, 2025. The futures price for March 2025 reached 328.35 cents/lb, May 2025 was 324.60 cents/lb, July 2025 reached 318.25 cents/lb and September 2025 recorded 309.45 cents/lb.

For Brazilian Arabica coffee, prices recorded changes according to each term. Specifically, the price in March 2025 was 406.00 USD/ton, in May 2025 it reached 400.00 USD/ton, in July 2025 it reached 396.60 USD/ton and in September 2025 it was 380.00 USD/ton.

Domestic coffee prices increase sharply in the Central Highlands

In the domestic market, the Central Highlands region witnessed a sharp increase in coffee prices from 1,500 to 1,800 VND/kg, ranging from 115,600 to 116,300 VND/kg.

Dak Nong province recorded the highest purchase price at 116,300 VND/kg, an increase of 1,800 VND/kg compared to yesterday. Dak Lak province is currently trading at 116,000 VND/kg, an increase of 1,500 VND/kg compared to before.

In Gia Lai , coffee prices also increased sharply today, reaching 116,000 VND/kg, an increase of 1,600 VND/kg. In Lam Dong province alone, coffee prices are currently trading at 115,600 VND/kg, an increase of 1,600 VND/kg.

In general, domestic coffee prices fluctuate between 116,500 and 117,300 VND/kg. Coffee prices in key provinces are forecast to continue to increase slightly tomorrow. Dak Nong is expected to fluctuate between 116,500 and 116,800 VND/kg, while Dak Lak and Gia Lai may reach between 116,300 and 116,500 VND/kg. Lam Dong alone is expected to trade around 115,800 VND/kg.

Pepper prices remain stable

Updated at 5:00 a.m. on January 18, 2025, domestic pepper prices remained unchanged from the previous trading session. Purchase prices in key areas ranged from VND 145,000 to VND 146,000/kg, with an average price of VND 145,500/kg.

Gia Lai and Binh Phuoc provinces recorded stable pepper prices at VND145,000/kg. In Ba Ria - Vung Tau and Dak Nong, pepper prices continued to maintain the highest level at VND146,000/kg. In Dak Lak, after a slight increase, pepper prices today were stable at VND145,500/kg.

According to the International Pepper Community (IPC), global pepper prices remained high on the morning of January 18, 2025 but fluctuated little. Specifically, the price of Indonesian Lampung black pepper stood at 7,113 USD/ton, while the price of Muntok white pepper reached 9,193 USD/ton.

In Malaysia, ASTA black pepper price was recorded at 9,000 USD/ton, while ASTA white pepper was traded at 11,600 USD/ton. Brazil maintained black pepper price at 6,350 USD/ton.

Vietnam's pepper export market is stable, the price of 500 g/l black pepper is 6,350 USD/ton, 550 g/l is 6,650 USD/ton, and the price of white pepper is at 9,550 USD/ton.

The Vietnam Pepper and Spice Association (VPSA) said that global pepper output in 2025 is forecast to continue to decrease compared to the previous year. The main reason is climate change and farmers' conversion to higher-value crops such as coffee and durian. VPSA expects China to wait until Vietnam's main harvest after Tet to increase imports.

Reduced pepper supply is expected to keep global pepper prices high, while demand from the US and Europe remains stable thanks to the use of spices in the food industry.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-18-1-2025-ca-phe-tang-dang-ke-ho-tieu-duy-tri-on-dinh/20250118091301319