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China: Heavy rains push up prices of stored ginger

Excessive rainfall in recent days reduced the supply volume of fresh ginger in Anqiu Market. Traders with stored ginger are optimistic about the market prospects of stored ginger. The volume of high-quality stored ginger is shrinking, and both the export market and processing factories put extra pressure on the supply volume. The price of high-quality stored ginger under these circumstances is strong and people are fighting to purchase the best stored ginger available.

The majority of supply is of mediocre quality, and high-quality stored ginger is rare. Even though the price increase is not great, it is becoming more and more obvious.

Source: Ginger Garlic News

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