Flower sales bloom near Chinese Valentine's Day
By Li Yingqing in Kunming and Chen Mengwei in Beijing | China Daily | Updated: 2016-08-09 08:02
Overproduction and falling demand led to a recent dramatic drop in wholesale prices
Flower prices in China started to recover ahead of the Qixi Festival, or Chinese Valentine's Day, on Tuesday, after overproduction, combined with natural disasters, dampened sales.
After a recent steep unexpected fall, flower prices steadily recovered as the Qixi Festival approached. Last year, as many as 7 million flowers were sold during the festival at the Kunming International Flora Auction Trading Center.
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