Eastin Grand Hotel Saigon
Agriculture / Agro Industrial Crops Plantation Companies, Fermentation, Enzymes Suppliers, Traders /Buyers of Starch & Starch Derivatives – Food, Textiles, Paper, Pharmaceutical Industries, Starch Manufacturers from various feedstocks including Rice, Cassava, Corn, Wheat, Tapioca, Financial Institutions, Ethanol Producers, Fertiliser Companies, Yeast Industry, Biogas Equipment Suppliers, Carbon Consultants, Machineries for Starch Processing.
"Future growth of Asia’s starch markets & competitiveness of raw materials – corn vs cassava"
"New policies and government support drives starch industry growth"
Scenario 1 – China’s corn policy movements and its impact on the cassava starch industry
Price supports and preferential tariff arrangements influences the development of the cassava and the starch industry. Global market for cassava remains highly oriented towards Asia, with East Asia (particularly China) having enormous influence on the market.
For Starch - Thailand exports around 45% of its cassava starch to China. while Vietnam’s starch exports of USD 928 million are also predominantly destined for the Chinese market.
Beyond starch, cassava chips are used in the livestock feed industry and as a feedstock into the ethanol industry.
Currently, the corn supply glut in China has spurred the government to initiate various policy moves and subsidies to support their farmers. As a result the cassava industry has started to feel the impact
Cassava exports fall with China demand
- Vietnam News: September, 09/2016
Scenario 2 – Vietnam & European Union signs trade agreement for 30,000 tonnes duty free quota of Vietnamese native tapioca starch
The free trade agreement allowing 30,000 tonnes of duty free quota for Vietnamese native tapioca starch will chip at approximately 8% of the EU pototo starch market.
In Asia and increasingly round the world, cassava starch has become the starch of choice for many food and non-food applications due to its superior functional properties.
What are the new developments in other sources of starch that cannot be replaced by cassava ?
Scenario 3 - Vietnam's Ministry of Agriculture and Rural Development's new policy agenda targets cassava and its value chain industry,
The export value of cassava for Vietnam is about US$1.3-1.5 billion annually, making it the country’s third largest export crop, after rice and coffee.
This burgeoning market represents a huge opportunity for smallholder farmers to earn more from a crop that requires little investment and can grow in very poor soil
Working with CIAT, scientists have discovered recent new high-yield breeding varieties and productivity of cassava has more than doubled.
Results of cassava trials and demonstrations conducted in some provinces have indicated that farmers have successfully improved their practices, and that new technology has boosted cassava yields. Trials show yield increases from 8.5 tonnes per ha to 36 tonnes per ha in some areas – four times more.
Scenario 4 - Competition to supply from South America
International trade of cassava from South America has been constrained by high competition from Asia, where production and processing costs are lower. However, prospects for developing the industry looks good with interesting developments in harvesting equipments and waxy starch cassava varieties.
Aptly placed in Vietnam, CMT’s 6th Starch World ASIA will gather fresh new authoritative speakers that will share their challenges and concerns on ASIA’s starch market.
Growing demand sparks cassava boom in VN
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