India: low flower sales lead to price decrease in Koyembedu market

With no weddings or temple festivals ahead, flower sales in Chennai have been dull, which led to a decrease in prices by up to 30 percent. Sources said that after rains took a break in the neighboring states, the supply has normalized at the Koyambedu wholesale market. Both the rates and sales are likely to go up during the Navaratri festival.

"Though there is a steady supply of flowers at the market, only 30-40 percent of customers visit the market to purchase flowers daily and to avoid wastage, and we sell at the lowest price. As the Tamil auspicious month, Puratasi began on Sunday, we expect there will be a brisk sale on Saturdays because only temples will need flowers," said S Mookandi, Secretary of Koyambedu Flower Merchants Association, Koyambedu wholesale market.

Likewise, the retail shops experienced a dull sale during the weekends, as there was no demand. And they are forced to dump the flowers at the end of the day. The vendors mentioned that only from next month the sale is likely to pick up.

Read the complete article at www.dtnext.in.


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