Agricultural product prices on May 29, 2025: Coffee drops sharply, pepper remains stable

DNVN - On the morning of May 29, 2025, domestic agricultural product prices witnessed a sharp decline in coffee after yesterday's price increase, while pepper prices continued to remain unchanged.

Illustration photo. Photo: Internet

Coffee prices fall across the board

At the London exchange, at 5:00 a.m. on May 29, 2025, Robusta coffee prices continued to be under strong downward pressure with a decrease of 104 - 145 USD/ton compared to the previous session, bringing the price to around 4,443 - 4,686 USD/ton. Of which, the contract price for delivery in July 2025 was recorded at 4,592 USD/ton; September 2025 was 4,566 USD/ton; November 2025 was 4,530 USD/ton and January 2026 was 4,469 USD/ton.

On the New York Stock Exchange, the Arabica coffee market this morning suddenly reversed and fell sharply, with a decrease of 9.20 - 9.75 cents/lb compared to the previous session, fluctuating between 339.00 - 360.05 cents/lb. Specifically, the July 2025 futures traded at 351.95 cents/lb; September 2025 at 349.85 cents/lb; December 2025 at 345.65 cents/lb and March 2026 at 340.65 cents/lb.

After the end of the session, the price of Brazilian Arabica coffee also decreased by 2.80 - 12.15 USD/ton compared to the previous session, fluctuating between 426.90 - 451.50 USD/ton. Specifically, the July 2025 term reached 451.00 USD/ton; September 2025 was 431.10 USD/ton; December 2025 recorded 422.30 USD/ton and March 2026 was 426.90 USD/ton.

Domestic coffee prices are also under pressure.

In the domestic market, as of 5:00 a.m. on May 29, 2025, coffee prices in the Central Highlands region fell sharply again, with a decrease of 1,500 - 1,600 VND/kg compared to yesterday's increase. The average price in key localities is currently around 122,200 VND/kg.

Specifically, the coffee purchase price in Dak Lak is 122,200 VND/kg; in Lam Dong it is 121,700 VND/kg; in Gia Lai it is 122,200 VND/kg and in Dak Nong it is 122,300 VND/kg.

The reason for the decline in coffee prices is the abundant supply and high inventories on international exchanges. Specifically, by May 27, the Arabica inventory monitored by ICE had reached 892,468 bags, the highest level in nearly 4 months. Robusta inventory also increased sharply, reaching 5,438 lots - the highest level in 8 months. This context caused domestic coffee prices to continue to fall, although Arabica showed signs of a slight recovery, because Robusta still dominated the downward trend in the global market.

Coffee production situation in Mexico and Peru

In Mexico, the USDA report maintained its forecast for coffee production in the 2024-2025 crop year at 3.87 million bags, including 3.53 million bags of Arabica and 340,000 bags of Robusta. In the 2025-2026 crop year, production is forecast to increase slightly to 3.91 million bags thanks to high international prices, promoting production investment. The country's green coffee exports are expected to reach 1.35 million bags. Meanwhile, to meet domestic demand of about 3.15 million bags, Mexico may have to import 1.93 million bags, up more than 4% compared to the previous year.

In Peru, coffee production is also forecast to increase in 2025-26. Wet-processed Arabica production is expected to reach 4.2 million bags, up 8.2%. With domestic consumption at only 300,000 bags, most of the output will be exported. Despite its large area, Peru’s average yield is only 721 kg/ha, which is still quite low. However, if international coffee prices remain positive, Peru can increase productivity through investment in technology and agricultural inputs, opening up opportunities for increased coffee supply in the future.

Domestic pepper prices remain stable

At 5:00 a.m. on May 29, 2025, the domestic pepper market recorded no changes, prices continued to move sideways as in the previous price increase. The average pepper purchase price in key provinces was 147,400 VND/kg.

In Gia Lai , the pepper market is stable compared to yesterday, the current purchase price is 147,000 VND/kg.

In Ba Ria - Vung Tau, the sideways trend is still maintained, pepper price is currently at 147,000 VND/kg.

In Dak Lak and Dak Nong, pepper prices remain high and have not fluctuated much. Currently, traders are purchasing at 148,000 VND/kg.

In Binh Phuoc, pepper prices today also remained unchanged, continuing to maintain the level of 147,000 VND/kg.

World pepper market fluctuates in opposite directions

According to the update from the International Pepper Community (IPC) at 5:00 a.m. on May 29, 2025, world pepper prices suddenly dropped sharply after many sessions of stability or slight increase. Notably, Vietnam's pepper export price dropped sharply by 200 USD/ton compared to many previous sessions of stable prices.

The price of Indonesian Lampung black pepper announced by IPC is currently at 7,427 USD/ton; Indonesian Muntok white pepper is purchased at 10,125 USD/ton.

The Malaysian market remained stable in price, with ASTA black pepper sold at USD 9,150/ton, and ASTA white pepper at USD 11,850/ton.

Pepper prices in Brazil remained almost unchanged, currently at $6,650/ton.

Meanwhile, the export price of pepper from Vietnam suddenly plummeted, down 200 USD/ton after a long period of stability. Currently, the export price of 500 g/l black pepper is at 6,500 USD/ton; 550 g/l is 6,600 USD/ton; and white pepper is at 9,500 USD/ton.

Vietnam pepper industry accelerates modernization

Faced with global competition, the Vietnamese pepper industry is actively modernizing to maintain its export position. On May 27, 2025, Dak Lak 2/9 Import-Export Company Limited (Simexco Daklak) held the inauguration ceremony of Sterilized Pepper Processing Factory No. 2 at Hoa Phu Branch, Dak Lak Province.

The operation of the new factory is an important step in the deep processing strategy, aiming to meet international standards and increase the value of Vietnamese pepper. The factory's production line is BRC certified - one of the highest global standards for food quality and safety.

This event demonstrates Simexco Daklak’s advanced production capacity, strict quality control process and commitment to sustainable development. At the same time, it reflects the Vietnamese pepper industry’s continuous efforts in technological innovation and enhancing competitiveness in the international market.

Lan Le

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-29-5-2025-ca-phe-giam-manh-ho-tieu-duy-tri-on-dinh/20250529083533692