Festive spirit penetrated the city on Tuesday, a day before the Pongal festival, while markets in the city witnessed a robust sale of flowers, sugar cane and turmeric.
While customers said that sugar cane and turmeric were sold reasonably, they complained about the rise in flower prices.
While a bundle of 15 sugar cane was sold at around £ 600 to buyers, a few sugar cane was sold up to $ 100.
Sellers sold a few turmeric for £ 10, £ 20 and £ 30, depending on the quality.
Although the arrival of turmeric was good because of the better yield after abundant rainfall, the profits were thin in the retail market, complained S. Jayakumar, a farmer from the village of Ayyur near Alanganallur.
“Usually one truckload of 3000 bundles of turmeric was sold between £ 20,000 and $ 25,000. But this year we could only sell one truckload for just around £ 17,000, “the farmer said.
In the Madurai district, turmeric is grown in a few villagers in the Alanganallur block.
“We mainly grow turmeric for the Pongal festival and we harvest when the crop is around eight months old. So we are forced to sell turmeric, even at lower profit margins, because we have to sell all our stock during the festival, “said M. Vasanth, another turmeric farmer.
Simultaneously with their opinion, D. Manivannan, a commissioner who sells sugar cane, said that despite higher returns, the profit margin was lower for retailers and farmers. “The circulation of money has been reduced and therefore we cannot raise prices,” he said.
However, flower prices rose at the flower market in Mattuthavani for the Pongal festival. While one kg of jasmine was sold for £ 3,000 in the morning, the price dropped to £ 2,000 in the evening.
S. Ramachandran, president, Mattuthavani Flower Market Vendors’ Association, said the prices of flowers were usually high in January. “This period is out of season because of less production due to cold weather,” he said.
Sevvandhi, a flower mainly used during the festival, was sold on Tuesday at £ 120 per kg.
“The flower was sold four days ago for £ 80 per kg. Sellers have raised prices to get the most out of the festival, “said M.A. Doulath Basha, a salesman.
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