Get position to make over 100% profits as ginger season opens even when you are not a ginger farmer.

Finally the Ginger season for the year 2016/2017 is open. The farmers, the buyer, the sellers, the middle men, the hustlers, the Indians, the foreigners all them, even you (reading)   have an eye on  how the market will swing.

The last season 2015/2016 was a very interesting season as Ginger worth $33.1million was exported from Nigeria in all three forms. Ginger could exported fresh, dried split or powdered. This three form command different prices both locally and internationally. The powdered ginger commands the highest price followed by dried split and fresh.  

However, they greatest demand for Ginger is dried split ginger, but it all depends on what the buyer needs. So the market for this season opens up at N520,000 to N550,000 per ton depending on the grade.  The international price for Ginger at the moment hover around $2,250 to $2500 a ton depending on the port of delivery and the terms of trade. We must also understand that there is  high volatility when it comes to Ginger price.

So how do you position to make profit from this season that has just opened?

1.      Earn in dollars: Exploit the exchange rate; the international price for ginger is from $2,250 to $2,500 a ton, meaning that you are making over 100% gross profit on each ton. As the season opens an entrepreneur can take advantage of   the low price to export.

2.        Storage:   Ginger price would always shoot high. So you can buy at a lower price, store and sell high when prices appericate.

3.   Get into the value chain: Buy the fresh ginger, process and sell.

4. Prepare for planting now against next planting season: The best time to get ginger rhizomes for planting next year is now   because it is cheap, by next planting season prices would have double if not triple ( planting of Ginger is not restricted to the north only, we  have planted in the west and south)   

I want to do a webinar and we would look at the following topic

1. How to make money from the Ginger season even when have not invested much (or nothing)

2. Understanding how the details in the ginger value chain and how to profit from it .   

So if you are interested please drop you email and we would communicate the date to you. Thank you for your time.