According to the Vietnam Commodity Exchange (MXV), green covered 3 out of 4 groups of world raw materials on the first trading day of the week. Notably, the prices of two precious metals continued to increase strongly, setting new records. Meanwhile, the prices of two coffee products also recovered. Closing, the MXV-Index increased by 0.2% to 2,233 points.
MXV-Index |
Robusta coffee prices recover strongly
At the close of yesterday’s trading session, the industrial raw material market recorded green spread across most key commodities. Of which, Arabica coffee prices increased by 0.98% to 7,971 USD/ton while Robusta coffee prices also increased by 1.85% to 4,522 USD/ton.
Industrial raw material price list |
The rise in coffee prices was supported by the Brazilian real rising to an eight-month high against the US dollar, which reduced exporters' selling motivation, thereby narrowing supply and supporting coffee prices. In addition, statistics from the Brazilian government showed that coffee exports in May reached only 170,200 tons, down 30.5% compared to the same period last year. In the first five months of the year, Brazil exported about 18.2 million 60-kg bags, down 13.1% compared to the same period last year. Previously, in 2024, this country set a record with 50.5 million bags of export, but limited domestic reserves caused exports to decline significantly in the first months of this year.
Brazil’s coffee harvest is also a factor to watch. According to the latest report from Safras & Mercado, the 2025-2026 coffee harvest in Brazil was 28% complete as of last Wednesday, up 8 percentage points from the previous week but still below the five-year average of 29%. Notably, recent rainfall has not affected the harvest progress.
Arabica coffee prices increased by 0.98% to $7,971/ton while Robusta coffee prices also increased by 1.85% to $4,522/ton. |
Specifically, Robusta coffee harvest is estimated at 40%, lower than 42% in the same period last year, while Arabica coffee reached 21%, slightly down from 23% in the previous season. With the forecast of new crop output reaching 65.5 million bags, it is estimated that about 18.34 million bags of coffee have been harvested so far, including about 9.84 million bags of Robusta and 8.5 million bags of Arabica.
In terms of weather conditions, in Brazil’s largest Arabica coffee-producing state, the average temperature over the past 28 days reached 18.9°C, slightly above the long-term average of 18.5°C, reflecting a slight warming trend. However, this is still well below the historical peak of 20.4°C recorded in 2016.
Metals lead the overall market rally
According to MXV, with 7 out of 10 commodities closing in green, the metal group played a leading role in the upward trend of the entire market. The precious metal group stood out.
At the end of the trading session, silver prices set a more than 13-year high when they increased by 1.82% to $36.8/ounce. In addition, platinum prices also recorded their 6th consecutive increase, with 3.97% to $1,214.5/ounce, reaching the highest level since May 2021.
Metal price list |
In the base metals group, contrary to the general trend of the group, iron ore prices continued to decrease by 0.85%, down to 94.7 USD/ton.
On the other hand, iron ore prices continue to be under pressure amid signs of slowing demand. According to the China Iron and Steel Association (CISA), during the period from May 21 to May 31, the average daily crude steel output of large and medium-sized steel enterprises in China reached 2.1 million tons, down 4.9% compared to the period from May 11 to May 20.
In addition, China’s exports in May rose by just 4.8%, below expectations and down sharply from the previous month, reflecting the pressure from tariffs as well as weakening global demand. At the same time, the producer price index (PPI) fell 3.3% year-on-year, marking the steepest decline in 22 months. This development shows that increasing competitive pressure and weak demand are eroding factory profits, which could lead manufacturers to consider scaling back operations, further weakening demand for industrial metals.
Prices of some other goods
Agricultural product price list |
Energy price list |
Source: https://congthuong.vn/gia-ca-phe-robusta-quay-dau-tang-185-len-muc-4522-usdtan-391640.html
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