Stable Market Conditions Even in Seasonal Changes

As the monsoon season wraps up, the dry ginger market continues to show stability, with no signs of a looming downturn. While sales slowed during the rains, traders expect prices to rise slightly as winter approaches.

With the southwest monsoon retreating from key Indian states, some regions like Assam and Meghalaya faced flooding, while North India dealt with heavy rains and waterlogged fields. Despite these weather challenges, demand for dry ginger hasn’t surged significantly. However, limited shipments from Bangalore to Delhi's wholesale markets have sparked a recent price increase of USD 0,36 to 0,42 per kg. This follows an earlier rise of USD 0,12 per kg.

Comparison of Past and Present Price

• In previous years, ginger prices soared to USD 2,40 to 2,70 per kg, prompting many farmers to sell off their crops for attractive profits.
• Kochi recently saw a peak price of USD 2,40 per kg.

Currently, however, the supply of ginger for processing into dry ginger remains limited, contributing to weaker supply levels from key producing states.

Stockists and Future Outlook

Stockists are reporting an increase in dry ginger sales, largely due to the warmer temperatures and reduced availability. Fresh arrivals in Kerala remain sporadic, keeping prices elevated.

• A recent adjustment saw dry ginger common decline by USD 0,12 per kg, stabilizing at USD 3,90 to 3,96 per kg.
• Kochi arrivals remain minimal, but prices have risen by USD 0,24 to 0,30 per kg, now sitting at USD 3,84 to 4,08 per kg.

Conclusion: A Stable Market with a Bright Outlook

With limited supply and steady demand, the dry ginger market is expected to remain firm in the coming months. Despite seasonal challenges from the monsoon and fluctuating weather in producing areas, prices are holding strong. It may be a good time for traders to monitor demand carefully and consider buying while prices are still stable.





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