Business
Ginger prices skyrocket to record highs amid worldwide shortage – ABC News
Consumers are digging deep to afford ginger as a global shortage driven by you-know-what drives prices to record highs. A good crop should ease the situation, but…
The COVID-19 pandemic has resulted in a global ginger shortage and record prices as demand outstrips supply after hot and dry conditions last year resulted in small yields from Australian paddocks.
Key points:
- COVID-19-driven demand has caused a world-wide ginger shortage
- Fresh ginger prices have hit new records in Australia
- The new season ginger crop is now being harvested, so prices should ease
The price of fresh ginger has more than doubled compared to this time last year, with customers paying…
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