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Falling ginger exports lowers ginger prices in Nepal

Due to shrinking exports to India since 2015, the wholesale price of ginger has gone down in Nepali markets.

“Nepali ginger used to be exported to India, but it is in the decline these days. It has been causing an increase of supply in the local market,” said Ramesh Dangol, the planning officer at Kalimati Fruits and Vegetables Market Development Board (KFVMDB). “Locally produced ginger is now available in Nepali markets in huge quantity, which is good for the consumers.”

A survey conducted by Republica shows that alongside ginger, the prices of green pumpkin and dried onion have also been falling since 2015. “Though, the quantity of vegetables available in the market plays an important role in pricing, the season affects their production and distribution,” Dangol added.

Production of ginger and green pumpkin has risen, causing an increased supply in the market.

source: myrepublica.com
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