India: Rates of flowers dip significantly in wholesale market following Ganesh festival

Rates of flowers that had gone up high during the recent Ganesh festival have now come down. Marigold (Genda) which enjoys heavy demand during festivals, was sold at a price of Rs 80 to Rs 100 per kg during the Ganesh festival. But now it is available at Rs 30 per kg in the wholesale market.

Vijay Wanjari, President of the Nagpur Pushpa Utpadak Va Thok Va Chillar Vikreta Sangh on Tuesday said, “During Ganesh Utsav heavy rains had restricted supply of flowers from various parts. Thus there was a mismatch between supply and demand and the prices had gone up.” On the contrary, he added, the demand is normal but supply had surged manifold as compared to the recent past. Apart from this, according to poor market sentiments people are not spending more during the festivals and thus the demand for flowers is witnessing a significant fall.

Read the full article at The Hitavada

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