Nigerian dried ginger prices likely to stay firm

Nigerian dried ginger prices look set to remain generally firm for the foreseeable future, despite signs of some downward pressure on prices from alternative origins. However, it has become clear that Nigeria is experiencing a slightly below normal crop and this origin has now also sold a large portion of its crop. This means that […]

Read more

Analysis: ginger buyers hesitant in uncertain market

New crops of dried ginger due to come through over the next few months will give international spice dealers a much better idea of the likely market direction on this item into 2016. People will probably harvest ginger late in Nigeria because with plantings two months late the rhizomes won’t be well developed to they’ll […]

Read more

Ginger market looks set for mostly firm trend this year

International dried ginger prices are expected to hold on the firm side over the coming weeks even with a number of new crop arrivals under way. Nigerian split dried ginger gain in price by an average of USD300 since the start of this year and indicated recent offers as being around USD2,600 per tonne c&f…READ […]

Read more

Analysis: Ginger buyers try to assess market direction

Global buyers of dried ginger are keenly trying to gauge the likely market direction over the coming weeks. New crop arrivals in Nigeria are expected to increase over the course of this month. This is logical as exporters need to be sure the ginger is adequately dried following rains in early November…READ MORE

Read more

Tightening supply underpins Nigerian ginger

Nigerian dried ginger prices have shown renewed upward pressure of late due to problems with the more recent phases of harvest. The country’s November/December crop was quite successful but the later January/February crop has been summed up as being a failure…READ MORE

Read more

Nigerian ginger unmoved by dwindling new crop supplies

NIGERIAN dried ginger prices have held mostly static so far this year even though the country is said to have already sold up to 70% of its latest crop. Nigeria started harvesting in December and should be completed by the end of this month…READ MORE

Read more

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

Read more

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

Read more

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 […]

Read more

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 […]

Read more