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India: 'Flower prices skyrocket due to supply shortage'

The prices of flowers, especially jasmine, has skyrocketed in Coimbatore due to a shortage in supply caused by heavy rainfall. Jasmine flowers sold at Rs 100 per kilo have shot up to Rs 2,500 per kilo, said a Daily Thanthi report.

The Coimbatore flower market, which receives its daily stock of flowers from places like Hosur, Salem, Andhra Pradesh, Kadapa, Vellore, and Tiruvallur, has seen a sharp fall in supply. While 45 load vehicles bring flowers normally, off late only 30 vehicles have been supplying stock at the market. This gap in demand and supply is what has triggered the price surge.

Read more at DT Next

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