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Prices 30% higher than last year

Chinese ginger export peak season ongoing

It is currently the peak export season for Chinese ginger. The offshore export price of general grade dried ginger shipped to the European market is 2,100-2,300 US dollars per ton, over 30% higher than the same period last year. There are two main factors behind this, the main reason being the increase in logistics costs. Also, the cost of raw materials is now over 10% higher than last year.

Workers sorting ginger

Some time ago, due to high logistics costs and shortage of containers, the overall export business was struggling, and some small processing plants even temporarily suspended operations. "These problems have not had too much impact on our exports. Our orders from overseas markets are still in a steady stream, mainly thanks to the strong demand in the consumer market and our years of experience in controlling quality." Terry of Shandong Harvest Agricultural Products Co., Ltd. said.

Ginger

In general, the rise of international logistics costs has slowed down, and the obstacles to logistics operations have relieved. Compared with the period before the Spring Festival, the volume of shipments to the European market after the holiday is slightly reduced, but the overall quality is better than in January. "Our ginger is exported to many countries and regions in the world. Compared with other markets, our sales in Europe and the Middle East are quite stable this season,” Terry shared.

More info:

Contact: Terry
Company: Shandong Harvest Agricultural Products Co., Ltd.
Website: www.harvestfarmer.com
Mobile/WeChat/WhatsApp: +86 139 6908 7798
Email: info@harvestfarmer.com

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