That indicates that the Indian ginger crop is going to be good one. So speculators on a forward basis are discounting the market by $1,000 (a tonne). Expecting demand to remain subdued until people know more about what is happening with the Indian crop, which will not become clear until February…READ MORE
OVER the last year, the prices of Indian dried ginger have almost doubled, due to rising all-round demand and a shortfall in global production. The best quality Indian dried ginger prices are currently at Rs21,000 ($452) per quintal, from a level of Rs12,000 a quintal last June…READ MORE
INDIAN dried ginger prices have shown further strong gains of late due to severely low stocks at origin, which are mainly the result of increased consumption of fresh ginger. The main reason for the latest advance in prices was that more fresh ginger is being consumed in India, so there is less availability for producing […]
Indian dried ginger price look set for increases this year due to reduced availability of fresh ginger in origin. India has seen phenomenal demand for fresh ginger at industrial and consumer level of late, so availability for dried production is severely reduced. 60% of fresh ginger has been consumed so far from the July 2009 […]