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Under the control of the epidemic, the export market of ginger is more sluggish
At present, the epidemic situation across the country is severe, and the prevention and control situation is still severe, which has added another unfavorable factor to the already sluggish ginger trade.
The export situation is more sluggish under epidemic control
According to customs data, the export volume in February 2022 decreased by 12.67% from January, and the average export price decreased by 2.49% from January. Shandong Laiwu, Anqiu, and other places occupy a place in the export of ginger, but local industry professionals in Laiwu reported that there are currently no export orders due to many factors.
Anqiu exported a lot of goods from China in the early stage, and some of the goods had problems on the way or after arrival, resulting in slow shipments in the international market and unsaleable goods.
Generally speaking, foreign countries eat less ginger in summer, and April-July is the off-season for exports. At present, due to the control of Anqiu, the export processing factory has not yet started, and exports are also stagnant. In addition, due to the impact of Thai ginger, the export situation in April will be worse.
Wholesale market transactions are slow, and the volume has continued to decrease in recent weeks
In recent weeks, some wholesale markets in the sales area have been controlled. Although most of the markets have gradually opened, the demand in the terminal market is still limited. The market has also strictly controlled the flow of people. In some areas, restaurants are still closed, and the demand has decreased significantly. Volume is limited.
On the whole, the current development of ginger is still grim. The weather has been changeable recently, and plantings are also being carried out in an orderly manner across the country. It is expected that some growers will end their busy farming season, and the supply of goods in individual markets may continue to increase. However, due to the limited end demand, the price of ginger is likely to stabilize and weaken.
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