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Typhoon ‘Paeng’ cuts flower prices by half

Posted by Michille on October 31st, 2006

By Vincent Cabreza, Delmar Cariño
Last updated 04:17am (Mla time) 10/31/2006

Published on Page A13 of the October 31, 2006 issue of the Philippine Daily Inquirer

BAGUIO CITY—It’s not all bad news about “Paeng.”

Prices of flowers here went down by 50 percent on Monday because traders feared that supertyphoon “Paeng” would drive away customers preparing for All Saints’ Day.

Anthuriums, Malaysian mums, gladiolas and roses, grown by Benguet farmers, are always in great demand in Metro Manila during “Undas” (Feast of the Dead).

Josephine Cachero said many of the more than 100 flower vendors at Burnham Park here decided to just dispose of their supplies on Sunday night when reports said the supertyphoon would strike the summer capital.

Also, competition provided by farmers selling their products at half the price, as well as the unlighted park over the weekend, convinced the traders that this was a bad week for business, Cachero said.

Read the article – INQ7.NET!

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