Jasmine is cultivated over 25,000 acres in and around Sathyamangalam Taluk. Failure of rainfall and heavy mist took a toll on its cultivation and production came down to seven tonnes per day against the normal 12 tonnes a day.
Sathyamangalam Flower Producers Association President Muthusamy said the high demand at present could not be met due to poor production. For the past four days, arrival has decreased and so the price shot up to Rs.240 to Rs.250 per kg and may go further up in future, he said.
Jasmine is also exported to UAE daily from Mumbai.
He said during the corresponding period last year, jasmine was sold at Rs.200 per kg. Due to heavy arrival at 12 tonnes a day.
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%