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Ahead of Ganesh chaturthi flower prices rise and fruit prices fall at Koyambedu

Ahead of Ganesh chaturthi flower prices rise and fruit prices fall at Koyambedu
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As Wednesday was an auspicious day, at the Koyambedu Wholesale Market KWM ahead of Ganesh Chaturthi and the demand for flowers made the vendors hike...

CHENNAI: As Wednesday was an auspicious day, at the Koyambedu Wholesale Market (KWM) ahead of Ganesh Chaturthi and the demand for flowers made the vendors hike prices. Jasmine recorded the highest jump, costing double as last week. Fruit traders, however, were on the contrast to this, as fruit prices were seen dropping significantly.

Secretary of Chennai Koyambedu Flower Traders Association, S Mookaiah said that yellow chrysanthemum was sold anywhere between Rs 160-200 per kg. “The same variety was earned Rs 100-120 last week. Similarly, the cost of roses shot up from Rs 80 to Rs 90 recorded last week to Rs 160 on Wednesday. The cost of jasmine burnt a hole in the pockets of buyers with the Kundu Malli variety costing Rs 1,000 compared to the Rs 500 and Mullai variety was sold at Rs 600, a jump of Rs 400. The wholesale market largely depends on flower sourced from Tiruvallur and Vellore districts”, he said.

Fruit traders, saw sales fall despite the prices of almost all fruit varieties having reduced drastically. Only sugarcane and wood apple, are used during Ganesh Chaturthi celebrations, which were sold like hotcakes, market sources said. According to the president of Chennai Koyambedu Fruit Agents Association, S Srinivasan, the excess supply of fruits had an adverse impact on this year’s sale. “Both imported and Indian apples have flooded the market. Unfortunately, there are no takers. It is unusual that the market is recording poor sale during Ganesh Chaturthi.” he said.

Vegetable prices did not have any change regarding the festival. Koyambedu Vegetable Market Association advisor V R Soundararajan said that the prices have marginally increased due to spiralling prices of fuel. “On Wednesday, the market received 310 loads of vegetables, which is less than usual arrival,” he said.

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