Market overview: Hog prices continue to fall across many regions, ranging from 60,000 to 66,000 dong per kg. Meanwhile, the rice and pepper markets remain steady, while rubber shows signs of improvement on several Asian exchanges.
Prices across key commodities are being shaped by divergent supply and demand dynamics. Hog prices are under pressure due to ample supply and signs of limited demand improvement. For pepper, domestic and export activity remains cautious, with new market drivers subdued. Rubber is supported by improving demand in some markets, but regional differences persist as world demand recovers at varying paces.
Export-grade rice prices in An Giang province are mostly flat. Jasmine rice 555 trades around 9,200–9,300 dong/kg; IR 504 at 8,700–8,800 dong/kg; OM 5451 at 9,500–9,600 dong/kg. Dai Thơm 8 trades around 9,200–9,400 dong/kg, while OM 380 and Sóc thơm stay at 7,500–7,600 dong/kg. In wholesale markets, Jasmine fragrant rice rose by 1,000 dong/kg to 16,000–18,000 dong/kg. Other varieties such as Nang Nhen, Huong Lai, Nang Hoa, long-grain Jasmine Thai and Japanese rice remained at stable price levels.
Rubber prices show upward momentum on Asian exchanges. In Osaka, December rubber futures rose 1.02% to 414.6 yen/kg. SHFE: September rubber rose 1.36% to 16,705 yuan/ton, with butadiene rubber September up 2.85% at 12,110 yuan/ton. Domestic rubber prices in Thailand remained at 86 baht/kg, while SICOM July around 207 US cents/kg. In the domestic market, rubber procurement prices remained stable: BRR price at 420 dong/deg TSC/kg; Phu Rieng 420; MangYang 458–463; Binh Long 505 dong/deg TSC/kg. In the near term, rubber prices are expected to continue fluctuating with demand dynamics in major markets. As world demand recovers, domestic procurement is likely to stay stable due to steady supply and processing activity.
Domestic procurement price ranges 137,000–139,000 dong/kg; Dak Lak and Dak Nong at 139,000 dong/kg, while Gia Lai, Dong Nai, and Ba Ria–Vung Tau hold at 137,000 dong/kg. Internationally, pepper prices broadly flat: Indonesia black pepper 7,121 USD/ton; Brazil ASTA 570 black pepper at 5,900 USD/ton; Malaysia black pepper at 9,350 USD/ton. For Vietnam, export pepper grades 500 g/l and 550 g/l remain around 6,100–6,200 USD/ton; white pepper at 9,000 USD/ton. In the near term, pepper prices are expected to move within a narrow band as new drivers remain subdued while domestic and export activity remains cautious.
Nationwide, hog prices range 60,000–66,000 dong/kg. In the North, Hanoi and Hung Yen drop 2,000 dong/kg to 65,000; Tuyen Quang, Lao Cai, and Lai Chau fall 1,000 dong/kg to 65,000; Cao Bang, Thai Nguyen, Lang Son, Quang Ninh, Bac Ninh, Hai Phong, Ninh Binh, Dien Bien, Phu Tho and Son La remain at 66,000 dong/kg, the highest regionally. In Central–West, Thanh Hoa, Nghe An and Khanh Hoa decline 1,000 dong/kg; Khanh Hoa at 61,000 dong/kg; Thanh Hoa, Nghe An and Ha Tinh at 65,000 dong/kg. In the South, Dong Nai at 62,000 dong/kg; Dong Thap and Ca Mau at 60,000 dong/kg, the lowest nationwide; Tay Ninh, An Giang, Vinh Long and Can Tho at 61,000 dong/kg; Ho Chi Minh City at 62,000 dong/kg. In the near term, hog prices are expected to stay under downward pressure due to ample supply and limited signs of demand improvement.
The mixed price movements imply divergent implications for different sectors. Hog farmers face continued downward pressure in the near term due to ample supply and modest demand recovery signals. Rice and pepper markets are comparatively steadier, with export prices holding at recent levels and domestic trading remaining cautious but stable. Rubber shows signs of regional divergence, with some exchanges posting gains while domestic procurement remains steady, supporting mid-term price stability if demand continues to recover.
No explicit expert commentary is provided in the source material.
Note: This summary reflects market conditions and price quotes available at the time; data may vary across markets and seasonality effects.
