Wednesday, April 20, 2011

Cambodia sees 88 pct rise in cassava exports in Q1: gov’t report


PHNOM PENH, April 20 (Xinhua)—Cambodia has seen sharp rise in cassava exports in the first quarter of this year, compared with the same period last year, according to the statistics from the Camcontrol Department, which is the government’s Import-Export Inspection Agent, on Wednesday.
The data showed that from January to March this year, the country had exported 204,618 tonnes of cassava, represented 88 percent rise from 108,987 tonnes in the same period last year.

More demands of cassava from Thailand and Vietnam have driven up the exports and prices are also better this year, said a prominent cassava broker on Wednesday.

A tone of dry chip of cassava cost 200 U.S. dollars and fresh cassava cost 80 U.S. dollars now, rose from about 167 U.S. dollars and 60 U.S. dollars respectively at this time last year, said Te Haing, president of Chak Puok Co, which brokers cassava for factories in Thailand and Vietnam.

“Cassava has good market now,” he said. “More farmers have abandoned corn farming for cassava.”

According to the report from the ministry of agriculture, the country grew 194,000 hectares of cassava crop and yielded 3.78 million tonnes in 2010-2011 harvest season. (Written by Nguon Sovan)

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