Agricultural product prices on July 23, 2025: Coffee and pepper prices fell sharply

DNVN - Compared to the previous session's sideways movement, domestic coffee prices on the morning of July 23rd have turned sharply downward, fluctuating between 1,500 and 1,900 VND/kg. Pepper prices also failed to maintain stability, falling from 500 to 2,000 VND/kg depending on the region.

Coffee market reverses

Illustration photo. Photo: Internet

At the London exchange at 5:00 a.m. on July 23, 2025, Robusta coffee prices suddenly rebounded after the previous plunge, recording an increase of 87 to 102 USD/ton, ranging from 3,090 to 3,324 USD/ton. Specifically, the contract price for delivery in September 2025 reached 3,289 USD/ton, the November 2025 term was 3,262 USD/ton, the January 2026 term was 3,235 USD/ton, the March 2026 term was 3,209 USD/ton and the May 2026 term was 3,187 USD/ton.

On the New York Stock Exchange, Arabica coffee prices also recorded a recovery on the morning of July 23, reversing the upward trend after the previous decline, with an amplitude of 3.25 to 4.40 cents/lb, fluctuating between 267.75 and 298.75 cents/lb. Specifically, the contract price for September 2025 reached 296.35 cents/lb, December 2025 was 288.70 cents/lb, March 2026 was 281.90 cents/lb and May 2026 was 276.50 cents/lb.

Brazilian Arabica coffee prices closed the session with an alternating up and down trend in terms, fluctuating in the price range from 349.30 to 371.20 USD/ton. Details of terms: July 2025 reached 371.20 USD/ton, September 2025 was 359.00 USD/ton, December 2025 reached 349.05 USD/ton and March 2026 was 349.30 USD/ton.

Domestic coffee prices drop sharply

Updated at 5:00 a.m. on July 23, 2025, the domestic coffee market recorded a sharp decrease compared to the previous stable session, with a decrease ranging from 1,500 to 1,900 VND/kg. Currently, the average coffee purchase price in key localities is standing at 92,000 VND/kg.

In Lam Dong province, traders are currently trading coffee at 92,300 VND/kg, down 1,700 VND/kg compared to yesterday.

Dak Lak province recorded a coffee price of VND92,300/kg, down VND1,500/kg compared to the previous session.

In Gia Lai , coffee prices are currently at VND92,200/kg, after losing VND1,600/kg compared to the previous day.

In Ward 1, Bao Loc, Hoa Ninh, Duc Trong and Dinh Van Lam Ha communes of Lam Dong province, coffee is currently trading at VND91,600/kg, a sharp decrease of VND1,900/kg compared to yesterday.

According to some exporting enterprises, Vietnam is currently entering the final stage of the coffee harvest. The amount of inventory among the people has gradually decreased, while export contracts have been committed in advance, forcing enterprises to increase purchases. This keeps domestic coffee prices high, even though the world market is showing signs of cooling down.

In contrast to domestic prices, international coffee prices are currently affected by global trade policies, especially from Brazil. Factors such as weather changes, tax policies and supply situations from Brazil can cause major shocks in the international market, with a knock-on effect on domestic coffee prices.

In the short term, forecasts suggest that coffee prices in Vietnam may remain flat or fluctuate slightly within a narrow range. However, if international roasters increase purchases or supplies from major producing countries tighten, domestic coffee prices are likely to rise sharply again in the near future.

Pepper prices reversed sharply

According to records at 5:00 a.m. on July 23, 2025, domestic pepper prices have reversed and decreased compared to yesterday's stable session, the decrease ranges from 500 to 2,000 VND/kg depending on the region. The average purchase price in key areas is currently 137,400 VND/kg.

In Gia Lai province, pepper price decreased slightly by 500 VND/kg compared to yesterday, currently being purchased at 136,500 VND/kg.

In Ho Chi Minh City, the market recorded a decrease of 1,000 VND/kg, with the current purchase price at 137,000 VND/kg.

In Dong Nai, pepper price also decreased by 1,000 VND/kg, currently traders buy at 137,000 VND/kg.

Pepper price in Dak Lak today decreased by 1,500 VND/kg compared to yesterday, currently at 138,500 VND/kg.

Lam Dong province alone recorded the sharpest decrease, up to 2,000 VND/kg, bringing pepper prices here down to 138,000 VND/kg.

World pepper market moves in opposite directions

Update from the International Pepper Community (IPC) at 5:00 a.m. on July 23, 2025 showed that the Indonesian market had a slight recovery after yesterday's decline; meanwhile, pepper prices in Brazil remained unchanged from the most recent sharp increase; the remaining countries remained mostly stable.

Specifically, IPC announced that the price of Lampung black pepper in Indonesia is currently at 7,144 USD/ton; while the price of Muntok white pepper is being traded at 9,986 USD/ton.

The price of Malaysian ASTA black pepper is currently unchanged at USD 8,900/ton, while ASTA white pepper is priced at USD 11,750/ton.

Pepper prices in Brazil continued to move sideways after yesterday's increase, remaining at $6,000/ton.

In the Vietnamese market, pepper exports remained stable compared to the previous session, with the price of 500 g/l black pepper at 6,440 USD/ton, 550 g/l at 6,570 USD/ton, and white pepper being offered at 9,150 USD/ton.

According to experts, the domestic pepper market is currently in a state of tug-of-war. Limited supply but weak purchasing power has caused prices to lack the motivation to increase. Many businesses are waiting for clearer signals from the Chinese and European markets to be able to break through at the end of the year.

Internationally, pepper prices remain high, creating favorable conditions for exports if demand recovers. However, in the medium and long term, experts believe that prices will still fluctuate within a narrow range. However, if exports are more active in the fourth quarter, prices could recover significantly.

On the business side, many exporters said that although inventories among the people have been depleted, purchasing power is still weak, putting great pressure on the market. Most businesses are still cautious and are not in a hurry to buy when signals from key markets are still unclear.

According to preliminary statistics from the Vietnam Pepper and Spice Association (VPSA), in the first 17 days of July 2025, Vietnam exported 10,808 tons of pepper, reaching a turnover of 70.3 million USD. Compared to the same period last month, export volume decreased by 7.8% and turnover decreased by 11.1%.

Key export markets still include the US with 1,472 tonnes, the UAE with 1,290 tonnes and China with 1,072 tonnes. However, the average export price during this period was only 6,500 USD/tonne, a significant decrease compared to the average of 6,881 USD/tonne in the first 6 months of the year.

Lan Le

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-23-7-2025-ca-phe-ho-tieu-quay-dau-giam-manh/20250723084329880