The difficulty for sweet potatoes in Vietnam

Published 2021년 5월 28일

Tridge summary

Farmers in the Mekong Delta have seen a drop in prices for their Japanese purple sweet potatoes due to an oversupply and a stagnant export market, with many struggling with heavy losses. The price fluctuation is due to decreased demand in the Chinese market, which is a major destination for these sweet potatoes, because of the COVID-19 pandemic. As a result, local districts are trying to diversify their export markets and encourage farmers to form cooperatives to improve the production-consumption link and increase processing of sweet potato products. Additionally, there are efforts to expand export markets to countries like Malaysia, Indonesia, and Hong Kong to reduce reliance on China.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In recent years, many farmers in the Mekong Delta have promoted the production of sweet potatoes, especially the Japanese purple sweet potato variety for export. However, when the area of sweet potatoes kept "blooming" but the export market was not expanded synchronously, it led to a drop in prices and farmers were the first to suffer. Farmers growing sweet potatoes for export in Chau Thanh district (Dong Thap) suffered heavy losses due to low prices. Record low prices At this time, many households growing sweet potatoes for export in the Mekong Delta stand still because the price is falling and it is difficult to consume. Along the communes of Phu Long, Hoa Tan, and Tan Phu (Chau Thanh district, Dong Thap province), many fields of sweet potato for export are immense but there are no buyers. Mr. Nguyen Van Huynh, Chairman of Dong Tan Assembly Hall, Phu Long commune, Chau Thanh district, sighed: "Before the Lunar New Year 2021, the price of Japanese purple sweet potatoes purchased ...

Source: Vietlinh