2021 is a year for those involved in ginger planting from joy to sadness. In the first half of 2021, ginger producers were happy because of the high opening price of ginger. In the second half of 2021, the situation of ginger storage people fell into a trough.
How does the price of ginger evolve from high to low in 2021?
The opening price of ginger is high. The high price does not rise out of thin air, but there is a way to follow. First, due to the reduction of ginger production in 2019, most ginger holders ignored or underestimated the reduction in production in the early stage. Secondly, in the past few years, affected by the large number of ginger discount scales and low price in the later stage, businessmen have high enthusiasm to sell goods in the first half of 2020, and the number of yellow ginger is less and less in the second half of 2020. Finally, as the epidemic situation stimulates consumption, the price of old yellow ginger drives the market of new ginger and ushers in a good start.
The price of ginger is low in the middle and late stage and the low price is not groundless, but also has a basis to follow. It is also the market that has made a good start, which makes many and many participants have high expectations, optimistic about the future market and reluctant to sell goods, resulting in the delay of supply rhythm and the accumulation of goods. With the new ginger being unearthed, there is a large inventory of old ginger, and the panic psychology of ginger storage merchants is under pressure. Therefore, the phenomenon of accelerating sales has occurred in a limited time, resulting in the price of mud ginger falling from more than three yuan at the beginning to one yuan two three, one yuan one or two, or even less than one yuan in the near future.
To sum up, ginger growers have changed from the previous profit-making state to the current state that they can only protect or even lose money. In short, the market of ginger in the middle and late period of 2021 is not satisfactory.
What is the reason for the low price of ginger?
Due to the good continuous price of ginger and the good economic benefits of planting ginger compared with other conventional crops, the ginger area has been expanded. However, due to the impact of rain, temperature, diseases and other disasters, the area and total production do not increase synchronously, so the ginger price remains high.
In short, whether increasing or decreasing production, we should finally return to the relationship between supply and demand, so as to have the results of quantity setting and price setting.
The shortage of goods in the later stage made the price of yellow ginger very good in 2019. In 2020, the annual output of new ginger increased and the expected price was high, resulting in more goods and lower prices.
Several factors affecting the market of ginger in 2021.
First, the economic benefits are considerable, and the planting area is expanded again. Second, the climate is normal and the per unit yield increases. Third, affected by the high price in 2020, Jiang Nong is reluctant to sell and gamble. Fourth, the international epidemic spread. Fifth, sea freight is rising.
Due to the above reasons, the ginger planting area in 2020 is wide but the output is not high. After the spring planting of ginger in 2021, the shortage of supply in the market has eased, and the rising price has decreased slightly from the end of June.
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