Market News

In recent weeks, Vietnam has faced the devastating effects of the Yagi storm, the most significant storm to hit the region in 30 years. This natural disaster has taken a heavy toll on northern Vietnam, causing substantial damage and loss of life, and has particularly affected the Cassia oil industry ...

Cassia seeds are incubator in February every yepar. The seedlings are put on potting soils in furrows on well-drained soil. Each furrow is 20cm high and 120cm wide. After a year, Cassia seedlings will be moved to grow on the hill. The distance between each plant in the first year on the hill is about ...

Since 1993, the Vietnam Government has encouraged afforestation to cover bare land and bare hills with funds from the 327 program and the 5 million ha forest program. By 2021, the total area of star anise planted is estimated at 50,000 ha, including star anise for fruit and star anise for oil. The ...

From March 2022, Shanghai in China locked the economy because of the pandemic, leading to a limit on the export of cassia oil to China. The price of cassia oil fell slightly

In Vietnam, basil oil volume in 2022 is predicted to be insufficient to meet market demand.

In Khoai Chau, Hung Yen, and Phu Xuyen, Hanoi, the cultivation of basil to produce basil essential oils has existed for a long time. In recent years, the price of basil essential oil has increased sharply, due to a decrease in supply, this is also an opportunity to help farmers earn nearly a billion ...