1 hr ago
Excess Flower Supply Crashes Pune Prices Ahead of Ganpati
Pune’s flower market has received a very large amount of flowers.
There are more flowers available than people currently want to buy.
Because of this, prices for loose flowers have fallen sharply.
Marigold and chrysanthemum now cost only a few rupees per kilogram.
A week earlier, they sold for much more.
Ganpati is only a few weeks away, when flower demand is expected to be important.
Cut flowers used for decoration have not fallen as much in price.
The biggest impact has been on loose flowers such as marigold and chrysanthemum.
Pune’s wholesale flower market has seen a steep price decline weeks before Ganpati.
Marigold and chrysanthemum prices have fallen from Rs 40-50 to Rs 5-20 per kg in one week.
Traders attributed the crash to an unusually large harvest exceeding current demand.
Marigold now sells wholesale for Rs 5-10 per kg, according to the APMC flower market head.
Cut flowers used for decoration have remained relatively steady compared with loose flowers.
- Who
- Flower traders and sellers at Pune’s wholesale flower market are affected; Santosh Kumbharkar heads the APMC flower market.
- What
- An unusually large harvest has caused wholesale prices for loose flowers to crash.
- Where
- The Agriculture Produce Market Committee’s wholesale flower market in Pune.
- When
- The decline occurred over the past week, just weeks before Ganpati.
- Why
- Supply has exceeded current demand because of the unusually large harvest.
Key facts
- Market
- Pune’s wholesale flower market at the Agriculture Produce Market Committee
- Affected flowers
- Loose marigold, chrysanthemum and daisy flowers
- Recent prices
- Marigold and chrysanthemum were recently selling for Rs 40-50 per kg
- Current marigold price
- Rs 5-10 per kg
- Current daisy price
- Rs 10-30 per kg
- Current chrysanthemum price
- Rs 10-20 per kg
- Less affected products
- Cut flowers used for decoration have held relatively steady
Quotes
Santosh Kumbharkar
Head of the APMC’s flower market in Pune
“The price crash has hit loose flowers hard, even as cut flowers, typically bought for decoration, have held relatively steady. The current wholesale rates for marigold are now between Rs 5-10 per kg, daisy (bijli flower) for Rs 10-30 per kg, and chrysanthemum for Rs 10-20 per kg.”
indianexpress.com
Sources
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