"Peru's ginger production is 20% lower, which means prices are likely to increase."

2024-05-15 00:00

The only expected direction for ginger prices to move is upwards, as the supply from Peru is forecasted to decrease by approximately 20% in the second half of 2024. This decline is attributed to the adverse weather conditions that have led to bacterial rot in ginger farms. Antonio Méndez, Sourcing Manager LATAM from Only

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