FROM the usual price of P25 per stem, roses sold at Bacolod public plaza now cost P80 per stem, reflecting an increase of more than three times, two days before Valentine’s Day on Wednesday.
Flower vendor Rubelyn Lañohan said the spike in the prices of roses started Monday, February 12, as the cost from their suppliers at Dangwa Flower Market in Manila also surged.
From the P500 per bundle on ordinary days, they are now getting the stocks at P850 per bundle.
“The local prices are dictated by the supplier level,” Lañohan said, adding that “the current price of roses will no longer move until Wednesday.”
For roses set as bouquet, the cost of one dozen stems now ranges from P1,200 to P1,500, depending on the design. On regular days, a bouquet of roses is only P400.
For those with limited budget on Valentine’s Day, the flower stalls offer a bouquet of three roses at P300.
Vendors still urged buyers to make reservations especially for bouquets to avoid the crowd on February 14.
“There is no reservation charge yet the buyers can still choose the kind of roses as well as decorations to be used,” the vendor said, adding that “this is to provide them hassle-free buying.”
Based on trends, there is normally a shortage in supply of roses, the most in demand flower, during Valentine’s Day.
Vendors at the plaza, however, will not source out supply volume bigger than the requirement to avoid possible losses.
The increase in the prices of roses was first noted on February 5.
During that time, a bundle of roses from Dangwa was already worth P680 which resulted in a local price of P35 per stem.
As of Monday, sales was not yet picking up. Vendors expect brisk sales starting today towards the actual day of celebration.