Easter holidays, export demand lift orthodox tea prices in Kochi

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A strong export demand coupled with ensuing Easter holidays has lifted orthodox tea prices in Kochi auctions. The demand was strong in sale with 92 per cent of sales out of the offered quantities of 1,80,662 kg. According to traders, exporters are busy with their purchase to meet the export commitments before the fiscal year … Read more

Ramadan demand boosts good liquoring tea sales at Kochi auctions

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With a firming up price trend in CTC dust, good liquoring teas in Kochi auctions registered a higher sales percentage on increased purchase ahead of Ramadan. Traders attributed the rising sales of good liquoring varieties in sale 8 to meet the demand for the ensuing Ramadan fasting where the market witness a good sales for … Read more

Indian tea producers likely to be hit by Iran-Lanka tea-for-oil barter pact

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Iran-Sri Lanka tea-crude oil barter agreement will likely affect India’s declining tea exports. Also read:Fall in export to Iran brews trouble for Indian tea producers UPASI (United Planters Association of Southern India ) sources said, the agreement between Iran and Sri Lanka is to procure orthodox leaves where the island nation is a major producer … Read more

Fall in export to Iran brews trouble for Indian tea producers

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The drop in Iran’s tea imports by around 62per cent is likely to have a major impact on the shipments from India, which is the major supplier to the Islamic Republic. Also read:India’s tea export likely to be down by 10% this year Iran Customs Administration report says that the value of Iran’s tea imports … Read more