Auspicious start to Vietnamese link chuẩn của w88 export in 2018

The Ministry of Trade of Indonesia has recently approved the import of 500,000 tonnes of link chuẩn của w88 from Thailand and Vietnam to fix the insufficient link chuẩn của w88 supply and price hike in the domestic market.

Average-grade link chuẩn của w88 in Indonesia is currently sold at 14,100 rupiah per kilogramme, a far cry from the regulated floor price of 9,450 rupiah.

The Indonesian Government worked to expand link chuẩn của w88 distributing network to ensure link chuẩn của w88 supply to local residents; however, link chuẩn của w88 price still scaled up as demand outstrips supply. The Indonesia Logistics Bureau (BULOG) said that the country only had 950,000 tonnes in stockpile.

Indonesia planned to purchase link chuẩn của w88 from its neighbouring nations from the end of January.

Earlier, the National Food Authority of the Philippines also agreed to import 250,000 tonnes of link chuẩn của w88 and planned to open link chuẩn của w88 purchase bidding right in January. The country’s link chuẩn của w88 stock is enough for use in only three days while the minimum amount must satisfy demand for 15 days.

The Vietnamese link chuẩn của w88 market, as a result, has become more vibrant. After one month, average free-on-board (FOB) price of one tonne of link chuẩn của w88 increased to 400 USD from 390-395 USD. Prices of dried grain and material link chuẩn của w88 surge by 350 VND per kilogramme as compared to the end of December, 2017.

According to the Vietnam Food Association, local businesses exported nearly 5.8 billion tonnes of link chuẩn của w88 and earned 2.5 billion USD in revenue. As of January 11, cities and provinces in the Mekong Delta region harvested 2017 autumn-winter link chuẩn của w88 on 860,000 hectares and planted 1.35 million hectares of the winter-spring 2017-2018 crop.