China collects over 90% of one type of Vietnamese agricultural product, the price has increased the highest in 5 years
Fresh Cassava
Vegetables
Published Jan 20, 2024
Tridge summary
The price of fresh cassava roots in the Central and Northern regions has been increasing, pushing up production costs, but the purchase price of Chinese customers' cassava starch products did not meet the expectations of Vietnamese cassava factories. In 2023, the export of cassava and cassava products decreased compared to 2022, with China remaining the largest consumer market for Vietnamese cassava and cassava products, but with a slowdown in recent months that affected Vietnam's exports. China imported 5.5 million tons of cassava chips and 2.95 million tons of cassava starch in the first 11 months of 2023, with Vietnam being the second largest supplier for both products.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
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 ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.