Untimely rainfall in parts of Tamil Nadu has led to the destruction of a significant quantity of the Jasmine crop, directly affecting the prices of the flower which have soared across markets in the state.
The North-East monsoon has also affected the yield of the flower, adding to the price hike.
This flower, which is widely used in tea, perfumes and in pujas, majorly grows in Usilampatti, Uttappanayakanur, Thottappanayakanur, Poochipatti in Madurai district.
Jasmine is also exported in bulk to several foreign countries such as Singapore, Malaysia, and Dubai.
The price of the flower touched Rs 3,000 per kg today following widespread rain in the region. "A week ago, rates were fluctuating b/w Rs 1,500-1,800 per kg but today the rate has touched Rs 3,000/kg," said Sarvanna Kumar, a flower trader.
"We in the village are all suffering due to the rains. The flowers have all dropped to the ground due to the showers. Rains are causing destruction. We had sprayed medicine (pesticide) on the plants and then immediately it rained so the medicine got washed away so it is a loss for growers, customers and sellers, everybody is facing losses," said another flower trader Muthu Lakshmi.
On a closer look, several isolated places in Tamil Nadu are receiving rainfall from the past few days due to the influence of an active easterly wave. In fact, in Sivaganga town, the local administration has announced the closure of schools for today.
Apart from Tamil Nadu, other places such as Kerala, Mahe and Lakshadweep are also likely to receive heavy downpour throughout the day today, predicted India Meteorological Department in its All India Weather Summary and Forecast Bulletin on Tuesday.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


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
