At My Phong flower village, one of the province’s main Tet flower-growing areas, many farmers said that only about 50% of output has been sold so far. Prices for several flower varieties have dropped sharply from last year’s Tet season, amid unfavourable weather and weak demand in major consumer markets.

According to local growers, flower prices are down by 10-20% depending on the variety. Specifically, marigolds and yellow chrysanthemum pots are now selling for just VND40,000-

50,000 each, while Dutch chrysanthemums and gerberas are priced at over VND120,000 per pair. Some flower varieties that sold for VND120,000-130,000 per pair last year have fallen to VND60,000-70,000 per pair this season.

Farmers and traders attributed the slowdown largely to unseasonal rainfall, which caused many flowers to bloom earlier than expected, making them harder to sell during the Tet period.

Weak consumption in Ho Chi Minh City and neighbouring provinces has further weighed on prices. Some growers also said that large volumes of flowers brought in from nearby localities under “rescue” campaigns have added to supply pressure and pushed prices down.

Despite the overall slowdown, the market has shown signs of divergence. Flower gardens with blooms timed correctly for Tet, good quality and pre-arranged sales contracts have found buyers more easily, with sales reaching 70-80% of output in some cases. Marigolds in particular have been in stronger demand this year thanks to favourable bloom timing and appearance.

At the Tet flower market at Hung Vuong Square, which hosts more than 300 flower stalls run by farmers from within and outside the province, purchasing activity has remained slow, with prices broadly on par with last year’s Tet. Many traders said they have sold only about half of their stock so far and plan to continue trading until the final days before Lunar New Year’s Eve to reduce unsold inventory.

Ornamental flower cultivation is the main livelihood for many households in Dong Thap, but it also carries risks as output and prices depend heavily on weather conditions and market fluctuations. During this Tet season, My Phong flower village is supplying nearly one million flower products, with Ho Chi Minh City and neighbouring provinces remaining the largest consumer markets.

Bustling Tet flower market in Dak Lak

VOV.VN - With the traditional Lunar New Year, known locally as Tet, just around the corner, the vibrant and colourful Tet flower market in Buon Ma Thuot city in the central highland province of Dak Lak has attracted thousands of visitors eager to visit and shop.