Scarce supply lifts flower prices in wholesale market

Source: The Hitavada      Date: 28 Aug 2017 09:40:31


 

Business Bureau,

The prices of flowers have flared up more than three times due to lower supply compared with the year ago period. “With lower supply of flowers coupled with good demand due to the on-going Ganesh Chaturthi festival, the prices of flowers have gone up,” said Jaywant Ranaware, Treasurer of Mahatme Phule Pushpa Udpadak Association while talking with The Hitavada on Sunday.


He said that the flower growers have diverted to other cash crops like cotton in a big way as the prices crashed last year due to excess supply. “They could not get good remuneration for their produce. On account of this, the acreage of land under flower cultivation dropped considerably this year,” he pointed out.


Most flower vendors anticipate that by Dushera and Diwali the supply of flowers would increase which in turn would bring down the prices to more realistic levels. There is a good demand for flowers like Marigold, Jasmine, Desi Rose, Lily etc., which are widely used in performing pooja. The prices of flowers in the Mahatme Phule Flower Market situated at Sitabuldi quoted on Sunday are as follows:


Marigold (Zendu) ranging between Rs 100 and Rs 150 per kilo, Jasmine Rs 200 per kg, Desi Rose Rs 100 to Rs 150 per kilo, Hyderbad Rose Rs 150 to Rs 200 per kilo and Lily Rs 50 to Rs 60 per 100 pieces.


Also, Gerbera was quoted in the range of Rs 30 to Rs 50 per 10 pieces, Dutch Rose Rs 70 to Rs 100 per 20 pieces, Orchid Rs 200 to Rs 250 per 10 pieces, Carnation Rs 200 to Rs 220 per 20 pieces, Lilium Asiatic Rs 350 per 10 pieces, Lilium Oriental Rs 600 to Rs 650 per 10 pieces, golden rod (filler) at 10 per bundle, Bird of Paradise Rs 20 to Rs 25 per piece and Anthurium Rs 40 to Rs 50 per piece at the wholesale flower market. He said, there are seven to eight trucks (four tonne in each truck) unloading flowers at the market daily. The number would rise with increase in supply in the near future, he added.