New sugarcane planting area of ​​Song Con Sugarcane Joint Stock Company increased sharply

In the 2022-2023 crop year, Song Con Sugarcane Joint Stock Company's newly planted sugarcane area is 1,560 hectares. Photo: Xuan Hoang

According to information from Song Con Sugarcane Joint Stock Company (Tan Ky), due to the high price of sugarcane in the last crop year, along with the company's support policies, sugarcane growers made a profit; at the same time, many cassava areas were affected by pests and diseases, so farmers in Tan Ky district switched to growing sugarcane. Accordingly, in the 2022 - 2023 crop year, the company's raw sugarcane area increased to 3,200 hectares, higher than the previous year; of which 1,560 hectares were newly planted, while the newly planted sugarcane area of ​​the previous crop year was 766 hectares.

Song Con Sugarcane Joint Stock Company manages raw sugarcane areas in software installed on the computer. Photo: Xuan Hoang

Mr. Nguyen Ba Quy - Chairman of the Board of Directors, Deputy Director of Song Con Sugarcane Joint Stock Company recommended: "Currently, sugarcane is in the first stage of care. In order for sugarcane to increase productivity and quality, bringing profits to sugarcane growers, farmers need to invest in proper care, and at the same time monitor pests on sugarcane for timely prevention. Currently, although it is only the beginning of April, some sugarcane areas in Tan Ky district have appeared white cotton fiber aphids" - Mr. Nguyen Ba Quy said.

On June 15, 2021, the Ministry of Industry and Trade issued Decision 1578/QD-BCT, applying a trade defense tax rate of 47.64% on some cane sugar products originating from Thailand imported into Vietnam. This move has initially helped the sugar industry to recover...

Due to the application of trade defense measures, the amount of sugar imported from Thailand has decreased by 75% since March 2021. This has reduced the unfair competitive impact of Thai sugar on the domestic production industry, thereby helping to increase the price of domestically produced sugar, and the sugarcane purchase price of farmers has also increased by 100,000 to 200,000 VND/ton.