MXV-Index returns to its highest level since the beginning of February.

Commodity markets rallied as overwhelming buying pressure pushed the MXV-Index up 1.3% to 2,541 points – its highest level since the beginning of February.

The MXV-Index rose to its highest level since the beginning of February. Source: MXV

At the close of trading, metal prices were predominantly green, with 9 out of 10 commodities rising in price. Silver stood out the most, with the March futures contract on the COMEX exchange increasing by 4.4% to $83.92 per ounce.

According to the Vietnam Commodity Exchange (MXV), this development occurred amidst a strengthening US dollar following data from the US Bureau of Labor Statistics (BLS) showing the economy added 130,000 jobs in January, far exceeding the previous forecast of 70,000 jobs. This positive information pushed the Dollar Index (DXY) up to 96.9 points, thereby increasing pressure on precious metals.

Industrial raw material price list is colored green. Source: MXV

However, concerns about physical supply shortages have overshadowed the exchange rate factor.

Domestically, silver prices on the morning of February 12th increased by approximately 4%, with 99.9% pure silver fluctuating between 2.746 and 2.781 million VND per tael; silver bars held in storage were priced at 3.184–3.282 million VND per tael.

Sugar prices plummet. Source: MXV

In contrast to metals, the industrial raw materials market witnessed a sharp decline in sugar prices during the last trading session. The March sugar futures contract fell nearly 2% to $305 per ton; white sugar for the same period lost 2.74% to $387 per ton – its lowest level in over five years. According to MXV, abundant supply from India and Brazil was the main factor putting pressure on prices.

On the demand side, Indonesia's sugar imports in December 2025 decreased by more than 57%, to nearly 218,000 tons.

Domestically, trading in the final days of the year was sluggish despite abundant supply from factories. The price of 333 sugar (medium grain) in the Mekong Delta was around 16,600–16,650 VND/kg; Thai sugar (fine grain) was approximately 15,600–15,700 VND/kg.

Source: https://hanoimoi.vn/mxv-index-quay-lai-vung-cao-nhat-ke-tu-dau-thang-2-733211.html