World: A turnaround in the ginger market is expected from the end of January

“From the end of January to the beginning of February, I foresee a turnaround in the ginger market. The first containers that we plan to ship from China in early January and which will arrive in Europe 30 days later will cost between 30 and 40 percent less,” says Giorgio Donnarumma , sales manager of the Milanese company Nuovafrutta. “From around $2,600 per tonne the price has dropped to $1,800.” Brazilian ginger "Chinese ginger will dominate the first months of the year and will be much cheaper. With falling prices, the willingness to buy ginger increases because the risk is smaller," Donnarumma continues. "Until now, the product, whether Brazilian or Chinese, was very expensive, and availability was quite limited. A carton of 13.5 kg of Brazilian ginger is sold on the market these days for around €45-50. It season is now coming to an end and will start again in the month of May. Similar prices are recorded for Chinese ginger." Chinese ginger "The ethnic-exotic market is ...