Tapioca chips Newsletter No. 13 ( 10/09/2013 ) : Tapioca Chips Vietnam under the pressures of new season

Inventory:

Inventory in the area Gia Lai , Qui Nhon to about 100,000 tons mainly concentrated in a few large units , there are nearly 60,000 tons of units exist .

Needs:

Due to the world economic crisis and the stagnation of the ethanol industry in China , the ethanol plant here has closed nearly 70 % , a reduced number of remaining capacity , demand also cassava thus significantly reduced . Demand for cassava production to serve in the Korean market has enough clues through a few of their purchase , consumption will not fluctuate nhieu.080422 san 300x206 tapioca chips Bulletin No. 13 ( 9/10 / 2013 ) : Tapioca Chips Vietnam under the pressures of new season

Slow domestic demand due to slow sales of animal feed mills throughout the country should not develop basic needs from now until the new crop borders negligible . Ethanol production plants shut down most , only Dung Quat refinery is operating at moderate to handover testing machines , factories Tung Lam also run but not at full capacity .

Sources :

The supply of cassava from Thailand are very good , the price of Thai cassava exports to China now only less than 230 USD / MT FOB . On the side of Indonesia , new crop is forecast to rise very high . This year , Indonesia plans to export 70,000 to 100,000 tonnes ( previous season only about 30,000 tons ) . At the same time the rupiah was devalued and the resonance factor is favorable to Indonesia offer better prices . At the beginning of the cassava crop prices in Indonesia around 240 USD / MT FOB has now dropped to around 225 USD / MT FOB , if the Chinese equivalent to about 250 USD / MT CNF .

Mid- October marked the starting point for a massive harvest cassava in Thailand , followed by the first half of November southeastern region of Vietnam also started harvesting . December Highlands will start forecasting service and there will be a new season .

Qui Nhon Port , a major port of Vietnam's cassava exports in recent days absence ships eat cassava . RS vessel in trouble in terms of quality due to poor quality mixed goods , ships nearly a month eat this new departure.

Vietnam cassava inventory currently stuck between a lot of pressure . One is the domestic demand as well as exports are very low . The other is a large supply of other export markets ( from Thailand and Indonesia ) . Three is the new crop is forecast to produce large quantities .