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India Tea Price Watch – March 19th, 2022
Tea Prices The mood remains subdued. There was no sale in north India this week. In the south, Sale 11 saw a marginally higher volume of sales compared to the previous week, with 76% of the total offering sold. However, average prices were lower than Sale 10, with only Orthodox Dust seeing a marginally higher…
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India Tea Price Watch – March 12th, 2022
All eyes remain on the Ukraine crisis. Concerns continue about exports. Last week, there were no auctions in North India. In the south, the orthodox market struggled as exporters remained reticent. Cochin saw only 59% uptake of orthodox leaf, with Hindustan Unilever lending much needed support. Coonoor too saw similar trend, with CTC leaf performing…
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India Tea Price Watch – March 5th, 2022
The Russian invasion of Ukraine and the sanctions against Russia are being viewed with concern by the Indian tea industry. The mood at the last auction was understandably subdued. In Kochi, exporters were barely active. The average price of orthodox leaf dropped by about Rs 10 per kilo, which is significant given that 229 tonnes…
