On-the-Ground Updates

Vietnam star anise price surged after the season ended due to shortage in the market

Star Anise
Vietnam
Market & Price Trends
Nhu Nguyen
Published Nov 2, 2021
Star anise autumn crop 2021 has finished with good productivity in Vietnam; however, many farmers keep stocks and are not willing to sell at the moment. This leads to a shortage in the local market, and exporters have to buy at a very high price. Export price in the first week of November has increased by over 30% compared with the first week of October.

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