China: The value of ginger exports to Europe has fallen by between 30% and 40% compared to the same time last year.

Around the Mid-Autumn Festival, the position in the ginger export market inaugurated a wave of added value. buy ginger, which to some extent favored the increase in export values. China’s national holiday will arrive next week. Customers are expected to set orders and deliver the products in advance, but this will not lead to an increase in purchases.

“At this point, the value of the arrival of ginger shipped to Europe is about US$1,700 to US$1,800 consistent with the tonne. This value represents a decrease of between 30 and 40% compared to the US$2,400 to US$2,500 consistent with the tonne at this time last year. The fall in value has a safe dating with the evolution of the call in national and foreign markets. In addition, some ginger are less expensive and the quality is solid this season, among which Brazilian ginger is the most productive representative, with many foreign consumers in particular. By buying Brazilian ginger, the huge amount of ginger existing in China’s domestic market has ultimately led to reduced value,” said Jason Wang of Anqiu Tailai Foods Co. , Ltd. in an interview with FreshPlaza.

Jason added: “The most volatile thing about shipping right now is the ocean freight charge. Although some shipping corporations announced the suspension of shipping rates some time ago, this component of the effect has not yet appeared. On the contrary, many freight forwarders have done so. he said that the upward trend in shipping prices will not be prevented in the short term, and that a new wave of accumulation is likely to occur from mid to late October. UU. es very serious shipping charge to the shipping company, and the shipping company is likely to be the maximum to move the charge to the shipper out of trouble. Therefore, I believe that if congestion continues to increase, ocean freight rates are maximum probably to continue to increase. “

For information:

Jason Wang – Sales Manager

Aliments Cie. , Ltd de Anqiu Tailai

http://www. tailaifoods. com

Jason@tailaifoods. com

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