The Buzzing Trade: Coffee and Pepper Prices Soar

The primary reason for the high prices is the scarcity of supply at the end of the season.

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On September 1st, coffee and pepper prices in the Central Highlands region simultaneously surged, with Cu Kuin warehouse (Dak Lak) leading the way by offering to purchase pepper at 157,000 VND/kg, a 2,000 VND increase from the previous month’s end. Meanwhile, coffee prices remained stable at 123,500 VND/kg. Most other agents have also raised their coffee purchasing prices above 123,000 VND/kg.

The main reason for this price hike is the scarcity of goods at the end of the crop season. Additionally, the 40% tax imposed by the US on transshipped goods has discouraged enterprises from importing cheap coffee and pepper for re-export. This not only increases costs but also creates risks related to proving the origin of the goods.

The Miss Ede coffee brand participates in a fair in South Korea to promote the export of roasted and ground coffee internationally.

According to the Import-Export Department (Ministry of Industry and Trade), the high demand from exporting enterprises will keep pepper and coffee prices high in the short term. However, the department recommends that enterprises develop long-term strategies, invest in deep processing, build brands, and expand markets, rather than relying solely on raw exports.

Nevertheless, the coffee industry is witnessing significant progress. In just the first seven months of 2025, the export turnover of processed coffee exceeded 1.02 billion USD, surpassing the 1-billion-USD mark for the first time in a short period and representing a remarkable 64% increase compared to the same period in 2024. The Import-Export Department attributes this remarkable achievement to the strategic shift of Vietnamese enterprises, focusing on roasted, instant, and blended products to enhance value, cater to modern consumption trends, and meet stringent international market requirements.

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