iGrain India - The article outlines several signs indicating an increase in the availability of dry ginger due to the arrival of new goods, particularly in the markets of Kochi and Karnataka. Here are the key points that highlight the situation:
- In Kochi, the price of dry ginger is currently reported between Rs 260 and Rs 360 per kg, depending on quality and category.
- While the availability is increasing, the high prices are expected to hinder consumption, especially in the Disawari markets, where demand is typically high during the winter season in northern India.
- Normally, there is a surge in demand for ginger during the winter months in northern India, but this year, demand has been weaker than expected.
- Despite weak demand, producers are turning to dry ginger production as a way to mitigate losses due to the lower prices of fresh ginger.
- The price of dry ginger has seen some fluctuation, dropping from Rs 30,000 to Rs 27,000-28,000 per quintal in recent days. Prices are slightly higher in Kerala compared to Karnataka.
- The decreased arrival of ginger from regions like the North-East, particularly Siliguri, could potentially strengthen dry ginger prices in the near future.