Current Market Stability

The arrival of ginger in the market has started increasing, yet its price remains stable. Major producing areas have experienced a slowdown, leading to a stable price for dry ginger (saunth) at present. There is no anticipated increase in saunth prices in the spot market in the coming days. Readers should stay informed about the latest price movements to benefit from market changes.

Impact of Monsoon and Regional Supply

The monsoon season is affecting various states across India, including Assam and Meghalaya, which are experiencing floods. In contrast, some North Indian states, including the capital Delhi, are seeing weaker-than-normal rainfall. Despite these conditions, the lifting of saunth remains sluggish. Meanwhile, the arrival of ginger from Bangalore has increased in Delhi's wholesale fruit and vegetable market, causing prices to decline by 10-15 rupees per kg.

• Bangalore ginger is now priced at $1,56-$1,68 per kg, while Siliguri ginger is priced at $0,96-$1,02 per kg.
• Previously, ginger prices had reached a record high of $2,40-$2,70 per kg.

No Anticipated Rise in Dry Ginger Prices

The entire ginger crop has almost been sold. Recently, the wholesale price of ginger in Kochi reached $2,40 per kg due to weaker-than-normal arrivals and availability. This scarcity has impacted the production of dry ginger. Consequently, the arrival and availability of both fresh and dry ginger from producing states remain comparatively weak.

Due to increased temperatures and limited supply, stockists are seeing an increase in dry ginger sales.Despite the ongoing arrivals of new dry ginger in Kerala's Kochi market, there hasn't been significant pressure on prices. Producers have sold about 90-95 percent of their ginger due to attractive prices earlier. Sporadic arrivals of new dry ginger in Kerala continue, but its price remains high. There is no expectation of a rise in dry ginger prices in the near future.

Conclusion

Ginger prices are expected to remain stable despite increased arrivals and varying regional impacts. With most of the crop already sold and limited new supply, the market shows no signs of significant price increases for dry ginger in the near future.