Stepping gingerly into a precarious market

Nigeria is facing a slightly lower crop than last year after earlier heavy rains and floods. However, the crop will still be of a reasonable size. Nigerian ginger farmers will have some power this season to hold back stocks to optimise their financial gains…READ MORE

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Analysis: Stepping gingerly into the market

Nigeria is facing a slightly lower crop than last year after earlier heavy rains and floods. However, the crop will still be of a reasonable size. Nigerian ginger farmers will have some power this season to hold back stocks to optimise their financial gains…READ MORE

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Ginger in stable mode ahead of anticipated upturn

INTERNATIONAL dried ginger prices have been holding generally static of late as weak demand cancels out the potential upward pressure of limited stocks in the run up to the next set of crops. Nigerian offers at around $2,500 a tonne fob. Nigeria had experienced favourable rains of late but it was much too early to […]

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Slack demand helps keep ginger prices in stable mode

The Nigerian dried ginger market had effectively been a game of two halves this year in that the quality was excellent early in the season but indecision by farmers meant that it had now become more challenging to find material of a suitable quality. Nigerian dried ginger could be obtained for between $2,900 and $3,000 […]

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Slack demand compounds Nigerian ginger weakness

NIGERIAN dried ginger prices have eased of late on decent availability of good quality material in a market of slow demand and competitive offers from rival origin. This year’s Nigerian crop was said to be of a reasonable size, with some trade estimates pegging it at around 10,000 tonnes…READ MORE

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