Peruvian ginger begins the campaign with very high initial prices

Published 2024년 4월 9일

Tridge summary

Peru's organic ginger harvest and export campaign has kicked off with record high early market prices, starting from 2 soles/kg and reaching up to 3 soles/kg, as reported by Marco Antonio Salas Cueva of Jalhuca Amazonía S.A.C. The campaign, which began in March, primarily targets local markets for baby ginger, with exports already in progress to the United States and Europe. Despite previous challenges with crop bacteria, preventive measures have improved field health. The lucrative prices have attracted new entrants to the ginger industry, including companies traditionally involved in coffee and cocoa. Jalhuca Amazonía S.A.C., a family business with a background in coffee and cocoa, has been producing ginger since 2018, focusing on exports to the U.S. Additionally, the company is seeking commercial allies in North America's east coast and the United Kingdom to expand its market reach, holding Organic, Global GAP, and Grasp certificates, with an available volume of 160 containers of ginger and 20 containers of turmeric for the current campaign.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) Peru's organic ginger harvest and export campaign is underway with strong early market demand resulting in the highest prices ever seen at the start of a season. This was indicated by Marco Antonio Salas Cueva, general manager of Jalhuca Amazonía S.A.C., Peruvian producer and exporter of organic ginger, who pointed out that as at the beginning of each campaign, prices always start from a minimum, which in this particular year is much higher. higher than ever. “At the beginning of the campaign there were prices of 2 soles/kg (0.54 dollars/kg) and currently they are 3 soles/kg (0.81 dollars/kg), which portends a very complicated campaign in terms of prices, which was a problem for Peruvian exporters and their importers in the previous season," he said. The new campaign for Peru began in March, with the local market being the main consumer of the new product called baby ginger. "We must not forget that Peru is a large consumer of ginger and this consumption increases ...
Source: Agraria

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