Ginger price reaches as high as 35 yuan [5 USD] per kg

Chinese ginger is as expensive as meat

The price of Chinese ginger soared in the last two months. The cheapest ginger in the agricultural trade market is around 30 yuan [4.28 USD] per kg, while the most expensive ginger is around 35 yuan [5 USD] per kg. Ginger is as expensive as meat. The main reason for the high price, according to some traders, is limited supply. In addition, some production areas recently suffered from heavy rainfall and their ginger was damaged by the flood. That is why the amount of top-quality ginger is even smaller this year.

The ginger price in large chain supermarkets is still alright compared to the trade price. The larger supermarkets do not have to deal with intermediaries that drive the price up, and their supply is quite stable. The supermarkets have enough ginger for now, so they are unlikely to raise the price.

Some consumers say that ginger is just a seasoning, so if the price goes up, they will buy less. However, other consumers say that they can not do without ginger, so even if the price goes up, they will still buy ginger, which will add to their expenses.

Source: yntv.cn


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