Indian Ginger Prices Expected to Stay Strong

The ginger market in India is showing signs of strength, driven by lower-than-normal arrivals of new saunth (dry ginger) in Kerala and the end of the winter season. The reduced supply and seasonal changes are likely to keep dry ginger prices firm in the coming days.

Current Market Scenario and Price Trends

Currently, dry ginger from Karnataka is the only supply reaching the local wholesale market in Kerala. As a result, wholesale prices in Kochi have dropped slightly by, with prices now ranging between USD 2,88-3,24 per kg based on quality.

In Delhi's wholesale fruit and vegetable market, ginger arriving from Bangalore is seeing an increase, bringing current prices to USD 0,48-0,54 per kg.

Impact of Previous Season's High Prices

Last season, ginger prices had skyrocketed to USD 2,40-2,70 per kg, prompting farmers to sell almost their entire crop. This aggressive selling left minimal stocks available for dry ginger production, contributing to the current supply shortfall. Consequently, the arrival of fresh ginger and dry ginger from major producing states remains weaker than usual.

Ginger and Dry Ginger Price Trends in Key Markets

Conclusion: Ginger Market Likely to Remain Strong

The ginger market is expected to maintain its strength due to continued limited supply and increased demand as temperatures rise. With stockists actively selling and sporadic arrivals keeping prices high, the ginger and dry ginger markets may remain robust in the near term. Buyers should monitor market trends closely, especially with minimal supply pressure from Kerala and Siliguri regions.