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Present tea auction system not helping in optimum price discovery in North India: Producers"In the previous English auction system, division of lots were allowed. One lot is more than 30 packets. If these lots are divided, then th...- Downward trend in demand for tea in Sale-07: CTTA officialAccording to CTTA official data, the total offerings amounted to 50,759 packages (14,84,784 kg) comprising 28,022 packages of CTC leaf, 15,...
- Demand for tea dropped by 10.35 pc during Sale-47: CTTA dataAccording to CTTA officials, the total offerings amounted to 2,46,299 packages (included 71,22,834 kg) comprising 1,31,783 packages of CTC ...
- Cochin tea auction postponedTea prices at the Coonoor auction surged in comparison to similar sale last year.
- Intra-state E-way bill spoils traders’ tea partyThere are thousands of tea lots sold in tea auctions every week.
- Tea output may fall 25% due to dry spellIn May last year, Assam’s tea estates had produced 62.53 million kg of tea.
- No Darjeeling tea for bid for first time in 40 yearsDarjeeling tea is only sold through Kolkata auction centre, which conducted sale number 36 on Tuesday.
- GST issue sorted out for tea auctionThe billing issue relating to imposition of GST at the auction houses has been sorted out, said secretary of Calcutta Tea Traders Associati...
- MCX starts preparing tea for futures listingA senior official of Calcutta Tea Traders Association (CTTA) said MCX officials have held a round of talks with the trade members.
- Narendra Kumar, a former BCCL director, chairman of Wearit Group, passes awayNarendra Kumar breathed his last in Kolkata on Saturday. He was 81 and is survived by wife, son Manish who is the managing director of Wear...
- Tea prices likely to rise 15-35% post elections on low offerings at the auctions"Dry weather has also affected the production of new season teas," said J Kayanasundaram, secretary CTTA.
- Kolkata, Guwahati tea auction centres drop salesIt seems to be tea time for Indians. Even though tea production has climbed to 1,200 million kg this year, there is nothing left at the auc...
- Orthodox tea prices rise due to higher demand from IranGoing by the trend industry officials feel that it's purchases in 2013 are likely to rise to 20-21 million kg.
- Guwahati tea auction centre witnesses increase in private saleGuwahati tea auction centre witnesses increase in private sale despite VAT cut GTAC failed to attract more tea. .
- Tea producers suffer Rs 70 crore loss due to e-auction failureTea producers who offer teas at the Kalcutta auctions are in a fix. A link failure at the e-auction has resulted in teas worth Rs 70 crore ...
- Darjeeling tea companies smile as local demand goes upThe year 2011 has brought smiles to them as the average price of Darjeeling tea in the domestic market has shot up by Rs 35 per kg.
- Local tea cos rush for end-season auctionsRegional tea packeteers which brand and market the beverage to retail consumers have started buying larger volumes.
- Tea brokers called to accountTea Board of India has selected five banks - State Bank of India, Bank of Baroda, Bank of India, Vijaya Bank and IndusInd Bank - where brok...
- IndusInd to be CTTA's settlement bank for cash-and-carry tradeIndusind Bank will be the settlement bank for new cash-and-carry trade in tea that began in Kolkata from March 16.
- Payment row: Tea traders lock horns with auction firm CarrittTo recover payments of teas that have been routed through Carritt Moran, the Calcutta Tea Traders Association (CTTA) has decided to meet th...
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