CHINA Auctioned transaction at Kunming flower market down 10.8 pct

CHINA

Auctioned transaction at Kunming flower market down 10.8 pct

Xinhua

19:42, May 16, 2020

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People buy flowers at Kunming Dounan Flower Market in Kunming, southwest China's Yunnan Province, July 12, 2019. (Photo: VCG)

KUNMING, May 16 (Xinhua) -- A total of 8.97 million stems of flowers were transacted Friday via the electronic auction services of the Kunming Dounan Flower Market, Asia's largest fresh cut flower trading market, down 10.8 percent from Thursday.

The data were provided by the Kunming International Flora Auction Trading Center and the Dounan Flower Electronic Trade Center.

As a barometer of China's flower market, the Kunming-based market in southwest China's Yunnan Province saw the trading volume of fresh cut flowers reach 9.23 billion stems in 2019.

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