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What’s Up with Dry Ginger Prices? A Quick Look at How Summer is Shaking Things Up

Mintec Global
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A Little Bit of Calm Before the Possible Storm

Summer’s in full swing and it’s doing a number on dry ginger sales across India. Even though there’s a steady flow coming in, the prices have dipped a bit because they were pretty high to start with. Looks like the prices might bump up a bit soon. We keep our readers looped in on these shifts, so they can catch the wave at just the right time.

When the Heat Rises, Prices Cool Down

Normally, when it gets chilly, everyone’s buying more dry ginger, and the prices go up. But now, with the mercury rising, the supply from Bangalore to Delhi’s markets is slowing down. This has nudged prices down a bit, from $1,46 to $1,54 per kg. After they had shot up by $0,12 to $0,18. Remember when prices rocketed to between $2.40 and $2,70 That was something!

Stockists Stirring Things Up

With the prices looking good and the heat turning up, stockists are seeing more folks buying dry ginger. Down in Kochi, Kerala, even with new ginger hitting the market, it hasn’t really shaken things up yet. The main buzz is that prices are tempting enough that nearly all the ginger has been sold off. After a recent price jump of $18 to $24, some smart stockists made a cool $12 profit, keeping prices stable at about $4,56 to $4,62 per kg. While new stocks in Kerala are just trickling in, prices are still pegged high. There was a little bump in Kochi too, with prices climbing by $0,12 to $0,18, now hovering around $4,80 to $5,04 per kg. Looking ahead, we might see a small tick up in prices again.

Keeping an Eye on the Ginger Game

As we roll deeper into summer, the dry ginger scene is showing us a mix of steady supply and shifting demands. If you’re in the spice game, keep your eyes peeled for these subtle shifts and be ready to make your move.