MXV-Index reverses course and recovers.

The global commodities market is experiencing positive developments as buying pressure returns across the board, particularly in industrial and agricultural raw materials.

Concerns about supply fueled buying pressure, causing the MXV-Index to reverse course and recover. Source: MXV

At closing, the MXV-Index rose 0.5% to 2,818 points, marking a recovery after the earlier correction.

According to the Vietnam Commodity Exchange (MXV), the coffee market continues to be a bright spot as both key commodities rose for the fourth consecutive session.

Supply risks from Brazil continue to support the upward trend in coffee prices. Source: MXV

At the close of trading, Robusta coffee prices rose more than 2% to $3,528 per ton, while Arabica futures for May delivery on the ICE US exchange increased 0.53%, reaching $6,707 per ton.

The main driving force stems from growing concerns about global supply, particularly in Brazil – the world's largest coffee producer. Data from the Brazilian Coffee Exporters Association (Cecafe) shows that exports in March reached just over 3 million bags (60kg each), down 7.8% year-on-year. For the first nine months of the 2025-2026 crop year, exports fell sharply by 21.2%, reflecting a clear weakening trend in supply.

Furthermore, unfavorable weather conditions continue to put pressure on crop prospects. Prolonged heatwaves in many areas are increasing risks to crop growth. The Brazilian Real's rise to its highest level in two years is also causing farmers to limit sales, further tightening supply on the market.

Domestically, the price of bulk green coffee beans in the Central Highlands increased by 600 VND/kg on April 15th, reaching 87,100 VND/kg, closely reflecting the upward trend of the world market.

Improved supply and demand prospects have pushed corn prices to their highest level this month. Source: MXV

In the agricultural sector, buying pressure was also widespread, with all seven commodities experiencing price increases. Corn was particularly noteworthy, with May futures on the CBOT rising 1.86% to $177.6 per ton – the highest level since the beginning of the month.

According to MXV, the upward trend in corn prices is supported by both supply and demand factors. Regarding demand, the US Department of Agriculture (USDA) recorded large export orders, while domestic demand also remained positive, with ethanol production reaching 1.12 million barrels per day, a 10.7% increase year-on-year.

On the supply side, concerns about planting progress in the U.S. are increasing as forecasts of heavy rains could disrupt operations in the Corn Belt region.

At the same time, high costs of fertilizers and agricultural supplies continue to put pressure on producers, raising the risk of reduced investment in inputs.

MXV believes that, in the context of increasing supply risks in many key markets, buying pressure may continue in the short term, thereby supporting commodity prices.

Source: https://hanoimoi.vn/mxv-index-dao-chieu-phuc-hoi-745217.html