Ginger fields in Anqui, Shandong province
“As a result of last season's high prices, more farmers have switched to growing ginger. I estimate that overall ginger production in Shandong province has increased by 30%. This year will be a bumper harvest. This will squeeze prices. On the other hand, production of garlic, onion and taro all decreased”.
To the right, Bryan Wang of Shandong Ginger Import & Export, with the new ginger crop of the season. Harvest is expected to start in two weeks.The new ginger harvest is expected to start in two weeks and will run for one month, until winter sets in. 90% of all ginger produced in China comes from Shandong province. The biggest ginger producing counties are Anqui and Laiwu. Other well known counties are Lishui and Lushang.
”At the start of the last ginger season, in October 2014, market prices were higher than they are now. Market participants, back then, expected prices to rise further. As a result, buyers stocked large amounts of ginger, hoping to cash in later in the season. Some of this ginger is still in stock.”
Shandong has struggled with droughts this summer. There has almost been no rain. The government is taking measures to safe water, but wells and water reservoirs are drying up. This affects the quality of the new ginger. However, as more ginger has been planted than in previous years, growers are confident there will be enough good quality pieces to chose from.
Other local products, such as taro, garlic and onions, are also affected by the lack of water. Because local production of these products has declined, prices of garlic, onion and taro are expected to rise.
Shandong Ginger Import & Export produces and exports ginger to Europe and the Middle-East.
For more information:
Bryan Wang
Shandong Ginger Import & Export
Email: bryan@freshginger.cn
Website: www.anqiuginger.com
Mobile:+86-13905364367
Direct line:+86-53647-88888
Office:+86-53647-78888
Fax: +86-53647-70007
Skype: bryanwang86