After the strongest rainfall hit the north in the flood season, the precipitation in the southwest region is also relatively strong. Shandong Province was also affected by rain during the growth of ginger. However, ginger is not so fond of rain, and what is the current development of the ginger market?
Rain affects the volume of goods on the market, and the price is on the strong side
The production areas in Shandong Province have had rain on a large scale since June 26, which has hindered farmers' shipments and limited the supply of goods. The number of trucks in the market has been greatly reduced. However, due to the lack of supply, the market was slightly short of stock for a while. Some merchants also rushed for goods, and the price rose.
However, the price increase is only due to the temporary decrease in the supply of goods caused by the rain, and the supply of goods in the production area is generally abundant. The proportion of surplus is still larger than in the same period in previous years. Therefore, once the volume of goods on the market begins to increase significantly, the price of ginger will likely drop a little.
Rain affects the growing of ginger seedlings in the new season
Relevant state departments predict that there will be strong convective weather in North China, Huanghuai, Jianghuai, and other regions, and light to moderate rain in Hebei, Shandong, and other regions in the next three days. Several major ginger-producing areas will basically expect rain in the next few days.
The northern production areas have been affected by continuous rainfall recently, and some ginger fields have been flooded. In the early stage, the northern production area was arid, the growing of ginger seedlings at this stage was uneven, and some farmers even lacked seedlings. Overlaying with the rain, the growing of seedlings got worse at a later stage. Some ginger in the cellars were flooded. As the water in the cellar cannot penetrate into the ground on its own, the quality of the cellar ginger will be affected. It would turn into water ginger. As we all know, water ginger is not resistant to storage. When there are a large number of such products, it is still possible to drive the price of ginger down.
To sum up, the rain not only affects the quality of ginger but also affects the yield because of the different growth conditions of ginger seedlings. Adding the reduction of planting area in the production area this year, it is expected that the new ginger season in 2022 will be a double-reduced year.