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CALCUTTA TEA
Production down, Darjeeling tea industry in 'bad shape': Planters' bodyThe garden owners are anticipating losses this year as the output will be lower than the annual production of about seven million kg, Darje...
Supply of tea may be impacted if lockdown continues after April 14 as tea auctions will not take placeBut if the lockdown continues, then auctions will be deferred and the supply line will gradually dry up, said industry executives. The carr...
Average tea price up by 2.37% in 2019The average auction price this year has been Rs 141.17 per kg.
Tea prices move up, traders happyThere is also demand for orthodox teas from Germany which is fuelling the price of these teas.
Cochin tea auction postponedTea prices at the Coonoor auction surged in comparison to similar sale last year.
ICICI Bank to take over pan India tea auction settlementOf the total tea production of 1,278 million kg in India in 2017, around 591 million kg were offered through auctions.
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...
Retain SBI, IndusInd as settlement banks: Tea lobbyRecently, Union commerce minister Nirmala Sitharaman has indicated that a new settlement bank will be brought in which has raised the worri...
Makaibari cuppa sells for around Rs 1.11 lakh per kilo, most expensive Indian tea everA special lot of handcrafted tea from Makaibari Tea Estate sold for almost Rs 1.11 lakh a kilo, becoming the most expensive Indian tea ever.
Dry spell in Darjeeling may cut tea output by 30 per centA dry spell in Darjeeling, Dooars and parts of Assam has affected the first flush tea production that fetches good price in overseas market...
- Tea prices jump on thin supplies, local demand
Tea prices jumped at last week's auction due to a sharp drop in supplies and good demand from local industry.
Tea prices to remain firm in 2013: Indian Tea AssociationPrices of tea went up by Rs 20-25 per kg in 2012 compared to previous year and the same trend is likely to continue this year as well.
- Tea producers suffer Rs 70 crore loss due to e-auction failure
Tea 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 ...
- Orthodox tea prices fall on Iran payment crisis
Average price of orthodox tea is down by Rs 20 per kg over the last year after orders from Iran dried up due to the payment crisis
- Drop in prices to hurt tea companies' H2 bottom line: Indian Tea Association
With prices sliding Rs 10-15 per kg and the rate of interest going up by 3% on an average, tea companies' cash flow is under pressure.
- Big tea sellers likely to enter auction in June
Having piled up a huge stock of tea in 2009, big tea sellers such as Tata Tea, Hindustan Unilever, Jay Shree Tea & Industries and others ar...
- Ramesh advocates regulatory regime for tea exports
Minister of State for Commerce Jairam Ramesh said that a regulatory framework is needed to maintain the quality and quantity of tea exports.