Chinese ginger market shows signs of recovery

Chinese companies have gradually resumed operations following the outbreak of the corona virus. The ginger trade is also recovering. According to jiang7.com, all major trade routes for the ginger industry have been opened for traffic, but in some areas the villages still maintain their own checkpoints on local roads. In short, traffic still experiences some obstacles.

The price of Chinese ginger experienced frequent fluctuations last week. Trade was not lively at first and market demand was not great, so the price remained weak. Farmers began to hold their stock back to see how the market would develop. The supply volume significantly declined. Only when supply declined did the price improve.

Many visiting traders have returned to the ginger market in Changyi and demand is gradually growing. The price is also rising. Ginger markets in other production areas are also slowly warming up again.

jiang7.com


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