Ludhiana: With Diwali two more days, demand for crackers has taken a little in the city, providing assistance to traders.
However, traders claim they will not get many advantages of this season due to thin margins because of the increase in crackers and lack of several varieties.
But they hope that hiking demand can help them sell most of their shares purchased.
Customers are also not happy for the increase in cracker prices.
In addition, unlike previous years, this time only green crackers are available and the rates are on the higher side.
Ashok Thapar, Chair of the Ludhiana wholesale fireworks association, said, “Since Monday night, crackers and sales of crackers suffer from encouragement.
Many customers have started visiting the market to make a purchase, but that does not mean that traders will be able to get big profits.
We have operated On thin margins.
On the one hand our purchase costs have increased compared to last year and on the other hand, to attract our customers to provide a 50% flat discount, which shrink our margin.
But more footsteps have given us a glimmer of hope that most of it Our stock can be sold.
Go with the previous response, we have given hope to sell half our stock.
“Vishal Shally, a city cracker trader, said,” Our investment in this year’s business has increased by 25% to 40%., Now only green crackers are produced and this is more expensive.
Levels of small flower packages for Rs 55 years ago is currently supplied to us at Rs 77.
Small package of sparklers available for RS 38 RS 49 now.
Similarly, small rocket packages available for RS 170 Rs cost 192.
Unfortunately, although this high cost increase has been a drop in our margin, because the company has reduced MRPS.
Customers also buy fewer crackers because of high prices.
“Chintu Kumar, another Cracker trader, said,” footsteps on the cracker market have increased, but the situation is not profitable for us, because there are many items such as Chakkar Ground and.
Luxury air varieties, which are in demand, are short provided.
This year’s more trend towards cracker which is less noisy.
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Requests for crackers take, but traders don’t have fun
