The rise and fall in prices of dry ginger depends on domestic and export demand

07-Mar-2025 08:02 PM

The price of dry ginger is influenced by both domestic and export demand. In India, current factors affecting the market include limited arrivals in key producing states and moderate demand. Despite this, price fluctuations are not significant.

The beginning of the summer season, with expected high temperatures, may reduce domestic consumption, particularly of dry ginger.

In Kerala, the arrival of dry ginger is lower than usual, but supply in Karnataka is reportedly better, with some supply reaching Delhi. However, supplies from northeastern states are minimal.

As the winter season ends—when ginger consumption is typically higher—prices in Kochi, Kerala, have been recorded between Rs 240 and Rs 270 per kg. Despite this, demand is slow, putting pressure on prices.

In North India, prices are expected to soften as consumption decreases. Producers and stockists are responding by increasing sales, and the price of ginger arriving from Bangalore in Delhi has dropped to Rs 40-45 per kg, a significant decrease from Rs 200-225 per kg last year.

The supply of old stock is low, but export demand is performing better, providing some support to the market.

Overall, while demand and lifting are sluggish in both major producer and trade markets, significant price changes seem unlikely in the short term.

If export demand remains strong or there is increased demand for Ramzan, it may help stabilize prices for a while.

Additionally, sporadic arrivals of new dry ginger in Kerala may add some pressure on supply and influence price trends