IITA, NASC, NRCRI make case for cassava seed system as demand exceeds N10 billion nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
BANGKOK (The Nation/ANN): The Ministry of Commerce held a meeting of government agencies, tapioca farmers and exporters to discuss solutions for the plummeting price.
The price of cassava fell to Bt2.1 per kilogramme, in contrast with rising demand in the global market, said Keerati Ratchano, director-general of the Foreign Trade Department.
“The department promised to employ measures to make sure that tapioca to be exported meets international standards, especially in terms of starch percentage, to avoid incidents where importers use quality as a reason to lower the buying price, ” he said.
“In the coming months, the situation should improve as domestic demand for tapioca chips should rise quickly because domestic manufacturers will need them to produce alcohol gels to cope with rising Covid-19 cases.”