After a decline, many commodities rebounded strongly.

Last weekend, the MXV-Index increased by 0.42% to 2,177 points. Source MXV

The Vietnam Commodity Exchange (MXV) said that during the trading week from April 14 to 20, prices of many energy and industrial raw material commodities increased sharply, especially crude oil, low-sulfur oil, RBOB gasoline and coffee.

At the end of the week, the MXV-Index increased by 0.42% to 2,177 points. This week, if there are no unexpected developments, the raw material market is expected to continue to recover, with the price index surpassing the 2,200 point zone.

The energy market continued to attract attention as it led the overall market rally. Prices of four out of five commodities increased sharply by 4-6%. Of these, two crude oil commodities increased by about 5% as the market gradually adapted to the new US tariff policies and supply concerns that had returned since late March.

4/5 energy products increased in price. Source MXV

At the end of the last trading week, the prices of two coffee products reversed to increase after three consecutive weeks of decline. Closing the fifth session, the price of Arabica coffee reached 8,278 USD/ton, up 4.98% compared to the reference price; the price of Robusta coffee increased 3.02% compared to the previous week's price, recovering to 5,253 USD/ton. The coffee market was temporarily closed on Friday to prepare for Easter.

In the domestic market, recorded this morning, April 21, the price of green coffee beans in the Central Highlands fluctuated between 129,000 - 129,700 VND/kg, stable compared to yesterday but down from 3,500 - 4,000 VND/kg compared to April 17.

Another notable development in the industrial raw material market is that Malaysian palm oil prices continued to plummet for the third week, losing nearly 5% compared to the previous week. According to data from freight inspection companies, Malaysian palm oil exports in the first half of April increased by 13.6% to 17% compared to the previous month.

In India, the largest importer of palm oil, imports rose nearly 14% in March and are expected to continue rising in the coming months due to falling inventories and the upcoming festive season. However, market pressure is expected to increase when the 90-day tariff suspension period ends.

Source: https://hanoimoi.vn/sau-lao-doc-nhieu-mat-hang-bat-tang-manh-699770.html