{"id":1261,"date":"2024-11-29T14:13:13","date_gmt":"2024-11-29T08:43:13","guid":{"rendered":"https:\/\/shingotex.com\/?p=1261"},"modified":"2024-11-29T14:13:13","modified_gmt":"2024-11-29T08:43:13","slug":"new-crop-reports-3","status":"publish","type":"post","link":"https:\/\/shingotex.com\/?p=1261","title":{"rendered":"New Crop reports"},"content":{"rendered":"
DRY GINGER: There are conflicting reports about the new crop. Most will suggest crop is better compared to last year but bear in mind last year crop was a disaster. So if it is better than last year, it means there will still be limited availability druing the new crop. Local prices have dropped sharply from thier peak, almost half now. It will be foolish to expect prices to go down further with arrival of new crop in December. We wont be surprised if prices jump up again in 2 months. We advise to cover half you requirments earound current levels and watch for further price movement.
\ncan offer 2 x 40 fcl each 26 ton of Indian dry ginger unbleached Deluxe quality In 50 kg bags NEW crop 2025 At USD 3100 PER MT SHIPMENT 1st Half February 2025 Current Crop 2024 at USD 3200 SHIPMENTin December 2024
\n TURMERIC: New crop quality which is exportable and acceptabl moisture will be available from March 2025. Crop is good but because farmers have made very good money in last 2 seasons, their holding power is very strong and they are now able to dictate prices and store for longer periods until they get desired prices. So there is little chance of price decreasing sharply from current levels, although price rise will also be capped due to increased availability of new Crop.
\n 2 x 20 FCL 18 mt Turmeric Finger 1 x 20 FCL 18 mt Turmeric Bulbs Current crop max 3% Infestation 50 kg Bags
\nat USD 1790 per mt CFR
\nTAMARIND: New Crop will start in end January 2025. It is feared crop is less than half of usual harvest. Cold store stocks are lower despite lacklustre export demand. Prices are expecetd to jump sharply in Feb 2025. This will trigger pent up export buying to keep market firm throught the next year. It will be ebenfecial to cover in March 2025 for the new Raamdan season.<\/p>\n

NUTMEG: Pricess have zoomed on brisk export demand and short crops in other countries.Prices will continut to remain high.<\/p>\n

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DRY GINGER: There are conflicting reports about the new crop. Most will suggest crop is better compared to last year but bear in mind last…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1261","post","type-post","status-publish","format-standard","hentry","category-market-reports","wpcat-8-id"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t