Natural disasters cause crop failure pushing up cassava prices in Cambodia

Published 2020년 11월 19일

Tridge summary

Pailin and Battambang provinces in Cambodia have seen a significant increase in cassava (tapioca) prices this crop year, due to repeated flooding that damaged 40% of the cultivated area. As a result, the price of fresh cassava has risen to 260 Riel / kg and cassava chips to 780-910 Riel / kg. Despite the higher prices, demand remains strong, with about 1.87 million tons of fresh cassava and 1.2 million tons of cassava chips being exported to Thailand and Vietnam, and 12,000 tons of cassava starch to other countries. Overall, the floods have impacted 40,000 hectares of cassava plantations in Pailin province and 80% of the production in Battambang, but exports to Thailand have increased by 80% compared to last year.

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

Original content

Mr. Say Sophat, Director of the Department of Agriculture, Forestry and Fisheries of Pailin province, said that the price of cassava (tapioca) in this crop year is much higher than previous years. Currently, the price of fresh cassava is at 260 Riel / kg and cassava chips (dry) ranges from 780 to 910 Riel depending on the quality of the product. Meanwhile, at this time last year, the price of fresh cassava only reached less than 100 Riel / kg (about 600 VND / kg). According to Mr. Say Sophat, this year Pailin farmers planted about 40,000 hectares of cassava and this item was mainly exported to Thailand and Vietnam due to the failure of domestic processing establishments. In Battambang province, the price of cassava at the beginning of the crop was purchased by traders at 280 Riel / kg and dried cassava at 870 Riel / kg. According to the local Chamber of Commerce, 80% of the total cassava production here is exported to Thailand. The reason for the sharp increase in cassava prices ...

Source: Agriculture