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India Tea Price Watch – January 8th, 2022
The first sale of 2022 was historic as south India opened with the new auction model, the Bharat auction. Piloted last year, it follows the style of the Japanese auction. The pilot met with antagonism from the buyers, yet the Tea Board rolled out the new auction. We spoke to industry stakeholders and at the…
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India Tea Price Watch – December 31st, 2021
While data for December 2021 is not available yet to show a consolidated production for 2021, reports indicate a projected decrease of 40 mn kilos as compared with 2019. Prices for 2021 have also been lower than 2020, but higher than 2019, which is used as the real comparison year. The drop in production has…
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India Tea Price Watch – December 18th, 2021
This week, news of Assam’s Manohari Gold selling for INRs 99,999 ($1315) per kilo at the Guwahati auctions grabbed headlines. This is the highest price in the auctions this year for specialty tea. And although Manohari Gold is a favorite year after year for their unbeatable prices, it appears that they have beaten their earlier…
