Ginger harvest has started in China

Published 2021년 10월 15일

Tridge summary

China is expecting a bountiful ginger harvest due to favorable weather conditions in the growing regions. However, the ginger market is currently slow with ample reserves, leading to weak prices, particularly due to low prices of Brazilian and Thai ginger. Despite these challenges, European, Canadian, and Thai markets show strong demand. High shipping prices and container backlogs present uncertainties in the global ginger market. Jining Shangzhuo Food, a company specializing in the export of garlic, ginger, and onions, exports about 2,000 containers annually.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Freshly harvested ginger is about to enter the Chinese market. The weather conditions in the ginger growing areas have been good. The growers expect an abundant harvest this year. Wang Junjie, sales manager at Jining Shangzhuo Food, recently shared his insights on the cultivation and export conditions of Chinese ginger. The peak period of ginger harvest in Shandong is mid-October. The weather conditions were excellent. Not too much rain has fallen and no natural disasters have occurred. That is why the horticulturists expect that the quality of the product and the yield will be high this season. The new ginger will have to dry and be processed in the sun for another month, but will then be ready for export at the end of December. The ginger trade in the wholesale markets is currently quite slow, mainly because the ginger reserves are not yet exhausted. Traders in secondary and tertiary markets show little interest in replenishing their inventories. Supply in domestic e-commerce ...
Source: AGF

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.