Stepping gingerly into a precarious market

Forecasts for a decline in Indian dried ginger output next year are already impacting the dynamics of the global market for the spice. Indian material was currently being offered at around $3,300 a tonne fob Cochin. The peak of arrivals from India should come through in February and March but the bulk of consumption is […]

Read more

Ginger in stable mode ahead of anticipated upturn

INTERNATIONAL dried ginger prices have been holding generally static of late as weak demand cancels out the potential upward pressure of limited stocks in the run up to the next set of crops. Indian dried ginger prices were expected to show increases next season as lack of monsoon rain was forecast to lead to a […]

Read more

Indian ginger producers losing interest as profits dissolve

INDIAN ginger prices have rebounded by about a quarter in recent weeks due to farmers in the country sowing significantly less in response to recent prices hovering below costs. In May, Indian farmers were losing out as the value of raw ginger was very low at about Rs14 (25¢) a kg and therefore well below […]

Read more

Indian ginger producers losing interest

The sowing of ginger in India has only been done to a degree of 60% compared to the previous year. These low prices had been very poor business for farmers and that’s why they’ve cut down sowing. There has also not been a good monsoon. Next year see a very disappointing ginger crop in India…READ […]

Read more

Indian spice exports value escalates

INDIA recorded a sharp boost in the value of its spice exports over the April to November 2011 period despite a dip in overall volumes. Similarly, earnings from ginger shipments more than doubled to Rs1.3bn in the first eight months of this fiscal year from Rs494.7m in the same period last fiscal…READ MORE

Read more