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China: Price of Shaoxing ginger is relatively high

This year, the price of garlic fell but ginger still seems to be relatively high. In Shaoxing, the ginger sold in the market mainly come from places like Shandong and Hebei. Since disastrous weather regularly happens in Shaoxing, the production volume kept decreasing. The low price of ginger last year, and the year before last year, affected grower confidence and this year, the production volume sharply declined, which made the price a bit higher. This year, prices peaked during the spring festival. Afterwards, the price decreased and tended to stay stable. However, compared to the same period of last year, the price still rose about 30%.

Source: Shaoxing.com


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