Ginger Prices Skyrocket to Rs. 3,200 Per Kilo

News Today: Ginger Prices in Sri Lanka Surge to Rs. 3,200 Per Kilo Amid Rainfall

Ginger prices in Sri Lanka have skyrocketed to an unprecedented Rs. 3,200 per kilo, causing concern among consumers and traders alike. This sharp increase is attributed to the heavy rains experienced across the country last week, which significantly impacted the ginger harvest. As a result, both medicinal ginger and locally grown ginger are now in short supply, pushing prices even higher. The surge in prices has led to a notable decline in demand, with many consumers opting to reduce their ginger purchases due to the high cost.

In addition to the weather-related challenges, some farmers have been accused of attempting to exploit the situation by selling seed ginger at exorbitantly high prices. This has further strained the market, making it difficult for traders to keep up with the fluctuating prices and limited availability. The current situation is prompting concerns about the long-term impact on both consumers and the agricultural sector, especially if weather conditions do not stabilize soon.