Cambodia is speeding up the harvest of cassava sold to Vietnam for processing and exporting to China

According to a report by the Import-Export Department (Ministry of Industry and Trade), from the beginning of August 2023 until now, the price of fresh cassava tubers in Tay Ninh decreased slightly, the price of cassava starch also decreased according to the decrease in raw material prices due to cassava exports. decline. Due to weak domestic consumption of cassava chips, inventories are mainly offered for export. As of early August 2023, there are only a few tapioca starch factories in the Central Highlands running again, but the supply of cassava is not much due to the young cassava roots. "With the new cassava crop coming in late and the supply of cassava materials declining, Vietnam's cassava starch exports in 2023 may only reach about 1.8 million tons, a sharp decrease compared to 2.4 million tons. of 2022", said the Import-Export Department. Meanwhile, Cambodia is accelerating the progress of cassava harvesting at the beginning of the season to sell to Vietnam due to the ...