News

China accelerates to buy 90% of a Vietnamese agricultural product at high prices

Cassava Starch
Value Added Cassava
Cassava
China
Vietnam
Published Apr 26, 2022

Tridge summary

According to a report by the Import-Export Department (Ministry of Industry and Trade), in the first 20 days of April 2022, the domestic price of tapioca starch and the price of cassava chips exported to China tend to increase. However, due to the complicated situation of the Covid-19 epidemic in some border areas of China adjacent to Vietnam, the clearance speed at some northern border gates is still slow.

Original content

According to a report of the Import-Export Department (Ministry of Industry and Trade), in the first 20 days of April 2022, the domestic price of tapioca starch and the price of cassava chips exported to China tend to increase. However, due to the complicated situation of the Covid-19 epidemic in some border areas of China adjacent to Vietnam, the clearance speed at some northern border gates is still slow. According to statistics of the General Department of Customs, in March 2022, Vietnam exported 447,010 tons of cassava and cassava products, worth 198.61 million USD, up 79.4% in volume and 94% in value. price compared to February 2022; compared with March 2021, increased by 50% in volume and 76.2% in value. The average export price of cassava and cassava products was at 444.3 USD/ton, up 8.2% compared to February 2022 and 17.5% higher than March 2021. Generally, in the first quarter of 2022, the export of cassava and cassava products reached 956,760 tons, worth $413.05 million, ...
Source: Danviet
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