China collects over 90% of one type of Vietnamese agricultural product, the price has increased the highest in 5 years

From the beginning of January 2024 until now, the price of fresh cassava roots in the Central region and the North has continued to increase, pushing up production costs. Although the purchase price of Chinese customers' cassava starch products by road (DAF) increased slightly, it did not meet the expectations of Vietnamese cassava factories. The trend of increasing the purchase price of cassava starch products from Chinese customers has not kept up with the increase in selling price of Vietnamese cassava factories. According to the Vietnam Cassava Association, on January 8, 2024, the price of fresh cassava in the Northern provinces increased slightly compared to the end of last month, currently the purchasing price fluctuates at 2,700-2,800 VND/kg, an increase of 200 VND/kg. compared to the end of last month. Meanwhile, in the Central provinces, the price of fresh cassava was purchased at 2,850-3,000 VND/kg, an increase of 200 VND/kg compared to the end of last month. The price ...