Despite the expected increase in the prices of flowers during the week of Valentine’s Day celebration, vendors here remain optimistic of brisk sales in the coming days.
Flower vendor Marilou Calonia, owner of one of the stalls at Bacolod public plaza, said there is usually a shortage of flowers during the occasion because of high demand.
As of Friday, sales were still normal, but by February 13, or a day before the Valentine’s Day, the demand starts to increase, peaking on February 14 itself.
At present, the price of roses, the most in-demand flower during Valentine’s Day, has already increased by P10 per stem as a result of higher cost charged by suppliers.
A stem of rose is now sold for PHP35 from only PHP25 per stem on regular days, but it is still expected to increase up to PHP80 to PHP100 per stem starting February 12.
The plaza vendors source their flower supply usually from Luzon and from Cebu.
Calonia said that a bundle of roses from their supplier in Dangwa, Manila is now priced at PHP680, which is much higher than the usual PHP500 per bundle.
To recover their capital, they also have to increase the price by PHP10 per stem, she added.
A bouquet of roses in now sold at PHP700, higher by PHP300 from the previous week’s price of PHP400 per bouquet.
It could go as high as PHP1,500 two days before Valentine’s Day, the vendors said. (PNA)