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2 clusters · 5 sources · 5 days · First seen · Last updated

Quang Ninh agricultural raw material shortages

Overview

Agricultural processing enterprises in Quang Ninh, Vietnam, are increasingly relying on imported raw materials to mitigate local shortages. For example, the Quang Ninh Pine Joint Stock Company now sources 50% of its resin from Central America to maintain production stability, as local resin provides less than 10% of its 16,000-ton annual requirement.

While these imports ensure a steady supply, they introduce operational risks, including higher shipping costs and price volatility. The company faces potential losses if market prices for finished products decline during the lengthy transit periods required for imported goods.

Entities

China · Ho Chi Minh City Police · Quang Ninh Seafood Export Joint Stock Company · Vĩnh Long province · Peru

Timeline

  1. 2 days ago

    [BUSINESS] 3 sources
    Agricultural sectors face disease risks and feed supply volatility

    Vietnam's Vinh Long province is tightening livestock disease controls amid rising demand, while the global aquaculture sector faces feed security risks due to fishmeal and fish oil supply shortages.

  2. 6 days ago

    [BUSINESS] 2 sources
    Quang Ninh agricultural processors shift to imports amid local shortages

    Quang Ninh agricultural processors are shifting toward imported raw materials, such as Caribbean resin, to combat local shortages and ensure production stability despite higher costs and market risks.

Sources

baoquangninh.vn · doanhnghieptiepthi.vn · nguoichannuoi.vn · nhandan.vn · thuysanvietnam.com.vn