Spice importers have found that the market for Nigerian ginger continues to present conflicting pricing signals. In the week ending July 18, offers for Nigerian split ginger had declined to $1,200 a tonne cif from $1,300 a tonne cif a week earlier. However, other trade sources cited instances of prices holding firm…READ MORE
Nigeria was able to command a strong share of exports over the 2004/05 season while maintaining its prices at highly competitive levels. For much of last season, Nigerian dried ginger was around $2,000 a tonne cheaper than that from…READ MORE
NIGERIAN ginger is experiencing escalating demand as new players enter the market for the popular spice. Local ginger prices in Nigeria are higher than in 2004 due to increased demand. Prices are about 10% higher that last year…READ MORE
GINGER traders have expressed fears that massive over-production induced by high prices could cause values to halve next season. Nigerian split ginger is trading for the notably lower price of about $1,500 a tonne cif. However, some higher quality Nigerian produce can fetch as much as $1,600 a tonne cif…READ MORE
NIGERIAN ginger exporters have started offering the forthcoming 2004/05 crop at significantly lower prices than those for remaining 2003/04 season produce. Nigeria would make efforts to reduce its aflatoxin predicament, such as adopting more thorough cleaning and drying under better conditions…READ MORE
Over the last year, output has been falling in most origins and in Nigeria, one of the major producers, many growers did not even bother cultivating ginger at all due to the low prices that were prevalent last year. This shortage in the world market has caused prices to shoot up to $1,900 a tonne […]
GLOBAL ginger prices have risen significantly over the last few weeks due to the increasing shortage of Nigerian produce that has tightened international supplies. Earlier this year, dealers predicted that there would be a major shortfall in Nigerian ginger as a result of a drastic cut in the country’s planted…READ MORE
Ginger buyers are bracing themselves for shortages of Nigerian produce over the coming weeks due to continued shipment problems that have been so severe that cargoes from last year’s crop have failed to arrive. For many years, Nigeria has been the supplier of choice for many…READ MORE