Behind the Phalaenopsis price drop: why are Lunar New Year flowers selling so well in Zhengzhou?

As the Spring Festival approaches, the flower market in Zhengzhou, Henan is buzzing with activity, and sales of Lunar New Year flowers are booming. Amid the profusion of blooms, many residents have noticed that the Phalaenopsis, once known as the "aristocrat of flowers"

In recent years, as flower-growing techniques have matured, the scale of Phalaenopsis cultivation around Zhengzhou has continued to expand. More and more farmers have entered the Phalaenopsis growing industry, giving market supply a marked boost compared with the past. According to wholesalers at the flower market, newly added local Phalaenopsis growing bases alone delivered several thousand more finished plants for this year's Spring Festival season. When supply pours in like a tide while demand growth fails to fully match it, a price decline becomes inevitable.

""20% 

Looking back at previous years, as the Spring Festival approached, an ordinary single-stem Phalaenopsis could sell for as much as 30 - 50 yuan, and potted plants of fine quality or rare varieties often cost over a thousand yuan. This year, however, the price of a single-stem Phalaenopsis of the same quality mostly hovers around 20 yuan, with ordinary potted plants falling by 30% - 40% "" flower