Thousands of bunches of gladiolus flower were thrown away at a flower market in Hanoi by sellers after Tet Holiday due to low prices.

After Tet Holiday, may gardens of gladiolus flower have started to blossom, while the consumption and demand has rapidly decreased, leading to a sharp fall in prices. Currently, a bunch of 10 gladiolus branches is approximately VND12,000-20,000, just one tenth of the price prior to Tet.

On the morning of 22, at Quang An flower market in Hanoi’s Tay Ho District, thousands of gladiolus were stacked in piles and abandoned.

Huong, a trader, said that the flowers were dirt cheap, as the demand is now very low, resulting in slow sales. So, many traders at the market decided to throw their flowers away, instead of spending time sitting and waiting for sales.

Hung, another trader, complained that he had never before seen such cheap flower prices like this year. According to Hung, long cold spells before Tet slowed down the flower blooming process. After Tet, the weather is quite warm and causes them to bloom.

Meanwhile, many growers even do not cut flowers for sale, letting them to gradually waste in their garden. The low prices have caused them to have to compensate loss of around VND100 million (USD4,545) for a 360-square metre garden on average.

Seeing the discarded flowers, many people scavenged them to bring home for the decoration.

Not only gladiolus but also lilies were also in the same predicament as the price now is only equivalent to one tenth before Tet.

Earlier this holiday season, flower traders in Ho Chi Minh City deliberately destroyed their flowers on February 15, the last day before the Lunar New Year, to prevent customers from making them accept low prices.

Many families often wait until the last minute to buy flowers or kumquat trees, wanting to get the lowest price possible since traders have to return to their hometown and return the premise to owners. Some even wait in order to pick up thrown-away flowers and trees for free.

Dtinews