The ginger market is currently experiencing a notable upswing in prices, particularly in Kerala, India, where dry ginger prices have surged to $2.88–$3.12 per kg due to limited arrivals and robust export demand. This trend is mirrored globally with significant supply constraints, notably from Nigeria, which has seen a 50% drop in production. These factors are collectively sustaining high price levels and influencing market dynamics.

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📈 Market Overview

📉 Key Market Drivers

• Significant reduction in Nigerian ginger production impacting global supplies.
• High export demand from international markets, particularly for Indian ginger.
• Domestic supply shortages in India due to early sales of fresh ginger crop.

⛅ Weather Forecast – Key Growing Regions

Current weather patterns in Kerala and North India show mild temperatures with occasional rains, which may not significantly improve the ginger harvest in the short term. This could maintain the supply constraints.

🔮 Price Forecast – Next 3 Days

📌 Conclusion & Strategic Recommendations

• 🛒 Buyers: Secure supplies at current prices to hedge against further increases.
• 🏭 Sellers: Capitalize on high demand, especially for quality ginger.
• 📊 Traders: Monitor global supply developments and adjust strategies accordingly.