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AZAM MONEM
Lockdown, covid surge may dampen demand, fear tea growers and traders“As of now, things are normal, but the way the Covid cases are going up in northern and western parts of the country every day, we are worr...- Tea industry in India suffers double whammy from rains and KenyaHeavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records, while ...
- Cold and dry weather in Assam, WB may impact first flush teaAzam Monem, director of McLeod Russel India, said cold weather was still prevailing in the tea estates.
- Kenya beats India in world tea market so farPrices of Indian teas in the global market which was higher by 10% in the first half of 2018, compared with H1of 2017, has come down signif...
- Calculate GST based on sale, not supply: tea plantersWorking capital requirement and interest cost may rise for tea sector once GST is implemented
- RBI asks tea planters to provide space for ATMsWith banks being busy in handling cash transactions at the branch level, tea planters are not sure whether ATMs could be set up in their es...
- Your morning cuppa set to turn costlier this winter“We will be increasing prices by 11-12% by the middle of November,” said Ramesh Agarwal, managing director at Noida, Uttar Pradesh-based Mo...
- Premium tea losing flavour as bulk buyers shift to cheaper varietiesCoffee has become a favourite beverage among the Indian youths. It is a major challenge for the tea industry to lure young Indians towards ...
- Tea weakens by 8%, output cost risesAverage Assam CTC and dust tea price has dropped to Rs 156.12 a kg this year from around Rs 163.59 last year. Prices of premium orthodox te...
- Ashok Kumar Bhargava re-elected as chairman of Indian Tea AssociationAs chairman of Indian Tea Association Ashok Kumar Bhargava will concurrently hold the chairmanship of CCPA, the apex body of Tea Plantation...
- Dubai commodity exchange in talks with producers to launch tea futuresThe Dubai Gold & Commodity Exchange is in talks with Indian tea producers as well as those in countries like Kenya and Sri Lanka to work ou...
- Indian Tea Association's new advertisement drive to make case for price hikeIndia consumes 950-1,000 million kg of tea annually. The domestic consumption is growing on the back of increasing population.
- India's tea exporters suffer with decline of 9 million kg in shipments in 2015India's tea exporters are grappling with dwindling offtake in a number of countries that led to a decline of 9 million kg in shipments.
- Pesticides issue cleared, tea exports to Iran will rise this yearThe countries have set up a joint working committee comprising representatives from both countries to facilitate tea trade, said Azam Monem.
- Indian Tea Association to promote beverage among youth with tea carnivals in colleges like Hindu, SRCC“We are starting with eight colleges. In the next phase, we will go to the IITs and IIMs to organise tea carnivals,” Monem said.
- Tea prices on a boil due to bad weatherAn erratic weather has affected the quality of second-flush teas produced in Assam, West Bengal and Tripura this season.
- Global tea production falls in first five months of 2012Led by India, the global black tea production in the first five months of current calendar has fallen by 64.29 million kg over the same per...
- Pakistan imports Indian tea as Kenyan output dropsPakistan's dependence on Indian tea is gradually increasing. This year, Pakistan has imported 20 million kg of CTC teas from India.
- Indian tea exporters like McLeod Russel India and others relieved as Arab tension coolsPost-Ramzan, the region is expected to start placing orders soon. But Indian tea exporters will have to tighten their belts as Kenya has al...
- Quality tea now finding takers in smaller citiesTier-II and Tier-III cities are emerging as major growth drivers for domestic consumption of tea.
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