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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Shrinking stocks threaten to end ginger price calm

SLACK demand has kept international dried ginger prices stable of late but dealers see potential for increases in the fourth quarter of this year and first quarter of 2012 due to a likely improvement in demand and limited availability. August was typically not the time of year for Nigeria to be shipping any ginger out…READ […]

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Nigerian ginger almost gone amid supply squeeze

Nigerian crop had amounted to 8,000 tonnes, of which some 5,000 tonnes has already been exported. The balance of 3,000 tonnes would be sold out in the next four to six weeks. Good quality new crop Nigerian dried ginger meeting the…READ MORE

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Strong demand seen keeping Nigerian ginger prices high

NIGERIAN dried ginger prices are expected to be prone to regular increases this year due to strong demand which is rapidly dwindling supplies from a normal sized crop. Nigerian dried ginger prices had opened high in late November before easing by about 10% in late December as production increased ahead of the Christmas holiday period…READ […]

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Ginger tightness keeps market firm

INTERNATIONAL dried ginger prices have remained steady to firm over recent weeks as ongoing steady demand has proved enough to prevent prices easing in a market of extremely tight supply. Nigeria was very short on stocks and was asking prices in the region of $3,500 a tonne for split material…READ MORE

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Ginger traders struggling to secure cover

NIGERIAN dried ginger prices have continued to strengthen of late due to the ongoing effects of a small crop and scarcity of actual offers from the origin. Nigerian split dried ginger at $2,600 a tonne cif compared with $2,200 a tonne cif a week earlier. Others put the thinly-traded market as high as $3,300 a […]

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Empty ginger market sparks global rally

GLOBAL dried ginger prices have surged of late due to tight supplies in the run up to the next set of crops. In the week ending October 23, Nigerian split ginger at $1,700 a tonne cif from $1,450 a tonne cif…READ MORE

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Top spec Nigerian ginger already sold out

PRICES of Nigerian ginger have been rising sharply, with some reporting it highly problematic to get offers because of a smaller and poorer quality crop. Nigeria crop is just 60% of the normal crop…READ MORE

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