The US, China, and Japan speed up the collection, these 3 agricultural products suddenly increased in price, they bought all of them as much as possible.

Published 2021년 5월 6일

Tridge summary

The article highlights the significant growth in Vietnam's agricultural exports in the first four months of 2021, with increases in key commodities such as rubber, cassava, tea, rice, vegetables, fruits, cassava products, and wood products. The surge in demand, especially from the Chinese market, has led to heightened prices for these products. Overall, agricultural, forestry, and fishery exports reached 17.15 billion USD, marking a 24.2% increase from the previous year. The Ministry of Agriculture and Rural Development is actively monitoring prices, production, and supply of agricultural products, particularly in Covid-19 impacted areas, and is organizing workshops and seminars to provide guidance on EVFTA and UKVFTA agreements. It has set production targets for the second quarter in several key areas, including rice, pork, poultry, and aquatic products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Export of agricultural products in the first 4 months of 2021 recorded impressive growth, leading to high prices of many agricultural products such as rubber prices, cassava chips, and rice prices. For example, rubber prices, due to high demand from the Chinese market, rubber prices have increased in 9 consecutive months. Currently, rubber prices today 6/5 in Binh Phuoc, Binh Duong, Tay Ninh fluctuate in the range 315-325 VND / latex. Meanwhile, the price of raw cassava in many localities also doubled over the same period in 2020. According to the report of the Ministry of Agriculture and Rural Development, in the first four months of 2021, many products and product groups with increased export value including rubber, tea, rice, vegetables, fruits, cassava and products from cassava, wood products ... In which, rubber export increased to 76% in volume and 111.6% in value; cassava exports increased by 65.3% in volume and 90.9% in value terms. Thanks to the expansion of the market, ...
Source: Danviet

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