Indian Dry Ginger Market Sees No Signs of Price Increase

Despite the arrival of new dry ginger stocks in Indian markets, prices continue to decline. Even in Kerala, a major producing state, wholesale rates have weakened due to slow demand. With winter ending in North India, consumption levels have also dropped, further reducing market movement.

Currently, fresh dry ginger from Karnataka dominates the local markets, while supplies from Kerala and Siliguri remain limited. The Kochi wholesale market reported a price drop of, with rates now ranging between USD 2,70 to 2,88 per kg, depending on quality. In contrast, North India has seen a minor recovery, with wholesale rates improving by USD 0,02 to 0,05 per kg due to slight demand increases.

Why Dry Ginger Prices Are Falling

Several factors are keeping prices low:

• Increased farmer selling: Last year’s record prices prompted many farmers to sell most of their stocks early.
• Weak demand: The end of winter has reduced domestic consumption.
• Higher production: Increased planting has improved supply levels.

Due to strong prices last season, nearly 90-95% of fresh ginger was sold early, leading to weaker stock availability for dry ginger production. As a result, supplies from major producing states remain lower than usual.

Future Market Expectations

Stockists are closely monitoring sales aspects, expecting demand to rise once fresh arrivals slow down. However, the absence of significant market pressure suggests that prices may not see a major recovery soon. In Kerala, sporadic new arrivals have kept wholesale rates stable, but with no significant shortages, further price increases remain uncertain.

Conclusion: Dry Ginger Prices Likely to Stay Low

With increased supply and weak seasonal demand, dry ginger prices are expected to remain under pressure in the coming weeks. Unless export demand improves or stock availability tightens, prices may continue fluctuating within the current range. Traders and stockists should plan accordingly, keeping an eye on market developments for potential recovery signs.