Last year's ginger market was very sluggish. In previous years, the origin price could be sold at about 3-5 yuan, but last year it was only 7 gross per catty when it was first harvested. If it is sold at this price, it will lead to losses. For this reason, many ginger farmers had to choose to stock up and plan to wait for the next year to sell them. According to the past market, the price of ginger will gradually rise to more than 5 yuan from May every year, and ginger farmers will be able to sell at a good price at that time.
However, I thought that the ginger market would usher in a rise, but I did not expect that the price of ginger has not risen during this period, but the price has fallen, which has hit many ginger farmers.
The reason why the ginger market has fallen is also due to the obstruction of exports. In previous years, China's ginger has been exported to many countries, which can greatly alleviate the problem of excessive domestic production capacity. However, in the past two years, due to special reasons, exports have been restricted, resulting in a surplus of supply in the domestic market.
At the same time, the retail price of ginger in the market is too expensive, generally selling at about 5 yuan per kilogram, and people's desire to buy is not high. As a result, the market digests slowly, farmers have a lot of inventory, and the price of ginger is low.