The ginger market is currently experiencing notable upward momentum, underpinned by firmer prices stemming from robust export demand and lower arrivals in key producing regions of India. In northern India, traders and market sources report that higher-quality dry ginger has attracted significant buying attention across both domestic and export segments. Over recent days, dry ginger wholesale prices increased by USD 3–3.6 per quintal, trading now at USD 33–36 per quintal in prominent producing states. Meanwhile, in Kochi, a major export hub, prices surged USD 4–5 per quintal, reflecting the strong appetite from international buyers, especially amid tightening supplies.
Export orders have surged dramatically, with international demand—particularly from the Middle East and Southeast Asia—pushing volumes up by 200–225 tonnes this week alone. The upcoming Indian festival season has added another layer of demand, boosting price expectations through October. According to the Indian Spices Board, dry ginger exports for the first half of 2025–26 have soared by 155% year-on-year to USD 54.1 million. With total seasonal arrivals at 37,523 tonnes and growing international inquiries from Bangladesh, the UAE, and Saudi Arabia, market analysts predict this firm tone could persist until at least mid-November, unless a significant influx of supply enters the market.
Traders do caution, however, that if arrivals increase rapidly in October, prices could face downward pressure. Nevertheless, with the current dynamics—limited new arrivals and greater export buying—the upside potential remains. As weather plays a crucial role in both yield and harvest recovery, the outlook for major ginger-growing belts will be a key factor in the coming weeks.
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Ginger dried
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FOB 3.90 €/kg
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📈 Prices: Latest Ginger Market Snapshot
Product | Type | Organic | Origin | Location | Delivery | Current Price (EUR/kg) | Previous Price (EUR/kg) | Update Date |
---|---|---|---|---|---|---|---|---|
Ginger dried | Whole | Yes | India | New Delhi | FOB | 3.39 | 3.39 | 2025-09-19 |
Ginger dried | Slices | Yes | India | New Delhi | FOB | 3.05 | 3.05 | 2025-09-19 |
Ginger dried | Powder | Yes | India | New Delhi | FOB | 3.87 | 3.87 | 2025-09-19 |
Ginger dried | NUGC (99%) | No | India | New Delhi | FOB | 3.64 | 3.64 | 2025-09-19 |
- CBOT/Euronext: No listed futures for ginger; prices are tracked via spot and FOB New Delhi markets.
- Sentiment: Bullish; driven by firm international and domestic demand.
🌍 Supply & Demand Drivers
- Export Demand: Surge of 200–225 tonnes in new export orders this week; strong interest from the Middle East, Southeast Asia, Bangladesh, UAE, and Saudi Arabia.
- Domestic Market: Pre-festival buying keeping supply tight.
- Arrivals: Seasonal arrivals at 37,523 tonnes; current arrivals below normal, tightening supply.
- Inventory: Lower stock levels due to limited new crop; exporters notably active in procurement.
📊 Fundamentals & Key Market Data
- Indian Exports (2025–26 H1): USD 54.1 million, +155% YOY.
- Latest Trade: Prices up USD 3–3.6/quintal; Kochi up USD 4–5/quintal.
- Major Producers: India, China, Nigeria, Nepal, Indonesia.
- Major Importers: Bangladesh, UAE, Saudi Arabia, EU.
Country | 2024 Production (Est. tonnes) | 2024 Stocks (Est. tonnes) |
---|---|---|
India | ca. 1,900,000 | Limited |
China | ca. 600,000 | Moderate |
Nigeria | ca. 440,000 | Low |
Nepal | ca. 286,000 | Low |
☁️ Weather Outlook & Yield Risk
- Latest Weather (Key Growing Areas – Kerala, Karnataka, NE India): Intermittent rainfall has created localized harvest delays, but dryness forecast for the coming week may support arrivals, while excessive rainfall risk persists through October.
- Crop Impact: Waterlogged fields in parts of Karnataka and Kerala could affect crop quality, limiting fresh arrivals and sustaining price strength.
📆 Trading Outlook & Recommendations
- Short Term: Market sentiment bullish. Exporters should secure stocks early; avoid delays as prices are expected to remain firm through mid-November.
- Potential Risks: If arrivals increase unexpectedly in October, prices may stabilize or ease. Monitor weather developments carefully.
- Buyers: Lock in quantities promptly for both export and domestic needs amid tight supply.
- Sellers: Favorable time to market product, especially for higher-quality grades.
🔮 3-Day Regional Price Forecast
Region/Market | Current Price (USD/quintal) | Forecast |
---|---|---|
New Delhi (FOB) | Approx. 34.5 | 33.5 – 36.5; firm trend |
Kochi | Approx. 36–39 | 36 – 39; likely steady to firm |
- Outlook: Prices expected to remain firm for the next 3 days, with scope for further upside if arrivals remain limited.