GLOBAL ginger prices are expected to remain relatively unchanged over the coming weeks because the combination of steady demand and healthy exports look likely to keep the market buoyant. Over the course of this year, global ginger prices have escalated as China’s 2003 crop was reduced by flooding and it subsequently became evident that India’s […]
Last year’s flooding in China, the world’s largest producer, was the main catalyst for the jump and the situation has been worsened by India’s new crop being hurt by monsoon rain failures during the planting period…READ MORE
GLOBAL ginger prices have risen over the last few weeks as Chinese exporters continue to capitalise on the tight supply situation by increasing their offers. China’s ginger output has been reduced by flooding and India’s production is expected to be substantially reduced by the failure of monsoon rains during last year’s planting period…READ MORE
CHINESE dried ginger prices escalated by as much as $100 a tonne over the last few weeks of 2003 as supply shortages began to take their toll on the market. Chinese dried ginger at $1,500 a tonne compared with around $1,400 a tonne in previous weeks. Earlier in the year, traders had predicted that prices […]