Initial evaluation, crop, production of good quality, with a high proportion of starch and stabilize. Output forecast little change, up about 5% - 10% compared to last season. However, cassava season started later than last year due to the weather conditions are not so favorable to early January to abundant new sources. 

 

Export markets: 

 

Unlike previous years, this time the export market remains fairly quiet, exports of the season so far, only a few boats at Qui Nhon mainly exported to the old crop rows. At only sporadically south of container to China. The reason the Chinese market has not accepted export prices in Vietnam are quite high compared to the prices of cassava Thailand FOB price is about 215-220 USD / ton, freight U.S. $ 17-18. Also they are concerned the quality of cassava chips season Vietnam failed due to high humidity. 

 

No Korean market due to the current demand is winter in South Korea, should severe weather can not import. March expected new orders to this market. 

 

The domestic market: 

 

The forage plants have yet to be static because they buy inventory and cassava prices are not attractive compared with other materials such as corn, rice bran ... 

 

Alcohol material: plant currently only 3 active but low alcohol prices, high raw material prices should not consume large output, the factory only moderately active. 

 

Market comment: 

 

By this time, the harvest season has started blooming, a day Qui Nhon volume of about 8000-10000 tons and is capable of up to 15,000 tons / day at the festival look. However, volumes are primarily storage of businesses that have been exported. If this situation lasts, the export situation from now until the end of January has not improved significantly, with only about 10,000 to 15,000 tonnes of January, it will lead to the ability to warehouse to store all affect purchasing ability of exporters lead to unfavorable market cassava chips in general.

 

Source: http://www.asiacreative.vn/