CHINA is reported to have cut the price of its green ginger to $1,400 a tonne from levels of around $1,750 a tonne a fortnight ago. Prices had been firm of late due to predictions of a smaller crop, but exporters now expect Chinese production to reach between 15,000 and 20,000 tonnes this season, which […]
CHINESE dried ginger exporters have further lowered their shipment quotes over the last few weeks in anticipation of the first arrivals of produce from the new crops which should come through by the end of this year. China first sells the bulk of its crop as fresh ginger for domestic consumption before determining what remains […]
CHINESE sliced ginger prices have been falling over the past couple of weeks but traders have played down the weakness because the commodity is still trading well above the long-term average. Last week traders indicated that Chinese sliced ginger was selling for about $3,200 a tonne cif compared with mid-October levels of $3,400 a tonne…READ […]
CHINESE dry ginger prices have risen by $1,000 a tonne from late January to $3,300 a tonne cif as a result of the origin’s poor harvest. The crop in China is poor this year and this is being reflected in the price. China’s crop suffered substantial damage from flooding in 2003 and with a greater […]
Buyers are awaiting the first arrivals from China’s ginger crop, which was harvested in December There have been a few offers from China but not any of significant quantities yet – these should come through in the coming weeks. In the meantime, people are waiting to see what the local demand will be like for […]