China: Weather reduces fresh ginger production

"Many areas in Shandong suffered from heavy rainfall as a result of the typhoon. About 30% of the ginger cellars flooded and still more are at risk. After the water drains, stored ginger needs to be managed well, or it will rot. This makes ginger farmers eager to sell their stock, and therefore the sales volume of stored ginger suddenly increased. On the other end, the fresh ginger volume is rapidly shrinking. Farmers with top-quality fresh ginger are either dealing with many difficulties, or waiting for a better price before they sell. Stored ginger dominates the market for now, but the cost price of stored ginger is relatively high, and traders with storage space are unwilling to purchase ginger because there is little room for profit. Furthermore, processing factories are also running out of stock. In sum, it is vital for the price to rise, so farmers will sell."

"Our company was established in 1981. We began export in 2001. Our company integrates purchase, processing, refrigerated storage, preservation, export, and sales of agricultural by-products. We began with a specialization in garlic, but expanded our product range to include apples, fresh ginger, pears, carrots, pomelos, onions, dried pepper, and Chinese chestnut. We have 30 different product varieties in 10 broad categories. We established a stable cooperation with clients in 78 countries and regions in Europe, the Middle East, South America, and Southeast Asia. We will participate in Asia Fruit Logistica this year. You can find us in Hall 3 at Booth 3M18B."