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BULK TEA PLAYERS
Bulk tea prices seen higher amid supply hit, ICRA saysThe economic crisis in Sri Lanka has led to a production loss in the island nation, the largest exporter of orthodox (ODX) tea globally. Th...08 Dec, 2022, 04.43 PM IST- Total wage rate for tea estate workers in Assam to increase by 9%The wage hike, as per ICRA estimates, would lead to an increase in the cost of production by Rs. 14per kg for bulk tea producers based out ...14 Sep, 2022, 04.32 PM IST
- Wage hike of tea estate workers to increase the cost of production by Rs 16/ kgWage hike of tea estate workers in West Bengal will lead to an increase in the cost of production by Rs. 16/ kg and will have a substantial...11 Aug, 2022, 03.48 PM IST
- Bulk tea industry likely to face another challenging year in FY22: ReportAs labour wage has been increased effective end-February 2021, production returning to largely normal levels has led to pressure on prices.09 Dec, 2021, 06.11 PM IST
- Tea companies to remain under pressure in FY20: ICRAIn the first eight months of FY2020, tea auction prices in North India (Assam and West Bengal) remained flat.13 Jan, 2020, 08.04 PM IST
- Financial performance of bulk tea companies likely to remain under pressure in FY2020, says ICRAOn the production front, overall global tea production witnessed a marginal de-growth of 0.6% during 10M CY2019, primarily due to a fall in...13 Jan, 2020, 06.47 PM IST
- Orthodox tea prices jump 15% on healthy demand: ICRAIndian tea exports to Iran grew by 125 per cent in 7 months of CY2019.01 Oct, 2019, 12.23 PM IST
- Tea prices flat on continuous fall in CTC rates: ICRAThe report said that while the CTC prices were negatively impacted.04 Jul, 2019, 04.14 PM IST
- Higher labour expenses hit margins of bulk tea producers in FY19: ICRAThe initial uptrend in north Indian (NI) auction prices was not maintained during the months of August to November 2018.04 Apr, 2019, 07.09 PM IST
- Bulk tea growers likely to witness sizeable adverse impact on operating costTea is a fixed cost-intensive industry, with labour costs accounting for around 60% of the total cost of production.11 Oct, 2018, 03.38 PM IST
- ICRA feels that steep interim hike in wage rates for tea estate workers will result in higher cost pressure for the tea tradeWhile formal notification of the interim hike is pending, ICRA understands that large tea players have commenced pay-out of wages at the in...06 Aug, 2018, 04.28 PM IST
- Profit margins of tea producers to improve: ICRAFirm price trends in North Indian teas from August, 2017 to January, 2018 have supported the margins and debt coverage indicators of most l...03 Apr, 2018, 03.15 PM IST
- 2018 likley to be a good year for Indian tea industry: Icra28 Dec, 2017, 05.41 PM IST
- Global tea production trends, favourable demand prospects likely to lead to an upward price trajectory in CY2017: ICRADespite the buoyancy in prices though, continuing cost pressures, with the increase in wage rates, are likely to keep the margins and debt ...07 Apr, 2017, 04.45 PM IST
- Lower production, higher export demand supporting domestic auction averages of orthodox tea: ICRAHowever, continuing cost pressures, attributable to the increase in wage rates, kept margins and debt coverage indicators under check, ICRA...03 Jan, 2017, 04.12 PM IST
- Bulk tea players to continue to face challenges in short term: ICRALabour costs have accounted for around 45% of the total cost of production, tea being a fixed cost-intensive industry.01 Sep, 2016, 03.42 PM IST
- Analyst's Picks: SMALL CAP: McLeod RussellThe tea price boom helped McLeod Russel to post 61.48% growth in net profit in the last quarter. It attributes the improved performance to ...01 Mar, 2009, 02.48 AM IST
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