CHINESE dried ginger prices have declined substantially over the last few weeks due to high volumes of new crop arrivals. In 2004/05, Chinese dried ginger prices were subjected to upward pressure as a result of a reduced output. However, it is becoming evident that the opposite situation will apply over the 2005/06 season, as last […]
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 […]
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 […]