The fresh ginger supply from Chinese farmers has recently increased. Supply is quite abundant. Farmers are currently quite prepared to sell their fresh ginger. However, rainy and overcast weather may increase, and this will certainly have an effect on the supply volume.
Most ginger processing factories purchase fresh ginger according to their needs. The trade volume is regular. Factories that process ginger for export are likely to increase their purchases when the volume of orders expands. This will certainly affect market fluctuations.
Traders with storage are eager to purchase fresh ginger for their warehouses. They are currently looking for suitable supply sources. The purchase volume is quite big. Many traders have successfully concluded their deals. This is one of the reasons why the price of ginger is strong. Traders with storage are expected to continue with the same enthusiasm this week.
Jiang7.com, a Chinese website with relevant news from the ginger industry, predicts that demand from visiting traders, exporters, and traders with storage will remain strong. The price is likely to remain stable this week. If traders with storage keep up their enthusiasm, the price of fresh ginger will only grow stronger.
Source: Jiang7.com