Ralf Settels News Today : Breaking News, Live Updates & Top Stories | Vimarsana

"China will take back market share in the coming year"

"The ginger market is clearly under pressure at the moment" Ginger prices have come under pressure in recent weeks. "Everyone thought we would be 20 percent above last year's level in terms of volume and sales. In reality, sales are about the same or even a little weaker. Which has led to expensive stocks with medium grades. At the same time, several major shipping companies have taken their ships off the lines in the wake of the first lockdown last year, which means there is now less cargo capacity available. As a result, some Chinese exporters are already considering an export stop," says R...