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Rupee devaluation robs Indians of Darjeeling teaRupee devaluation has prodded Darjeeling tea producers to step up exports and shift the focus from domestic market to global markets.
Tea prices to jump after weak rains cut production in Assam, DarjeelingProducers say that if it does not rain in the next 10-12 days, the crop will be delayed by a month, pushing up prices in the domestic marke...
- 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
- Tea Board to put tea waste on e-auction
With e-auction of tea becoming hugely successful, Tea Board of India has decided to put tea waste on e-auction shortly.
- Darjeeling tea companies smile as local demand goes up
The 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.
- Winter demand heats up retail tea prices; HUL, Tata Global and Wagh Bakhri buy heavily
Retail price of tea has appreciated by 5% and is set to go up as demand is increasing with the onset of winter.
- Dust tea prices go up as Tata Global Beverages, HUL and Wagh Bakhri group join auctions
CTC tea prices, however, are coming down as poor quality has taken a toll on the prices.
- 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.
- Good times await Indian tea makers
A drop in African tea production by 35 million kg this year has put Indian tea producers in an advantageous position.
- Tea prices jump 29% on global cues
Tea prices in India, the world's second-largest producer of the beverage, have jumped as much as 29% tracking global cues.
- Premium tea jumps 50% on rising demand
The new tea season has brought good news for tea companies which have presence in north India. Prices of premium quality teas have apprecia...
- Local tea cos rush for end-season auctions
Regional tea packeteers which brand and market the beverage to retail consumers have started buying larger volumes.
- Instant tea firms get 5% duty incentive on export
The move is aimed at boosting outbound shipments at a time when the world markets are yet to emerge out of recession.
- Darjeeling tea prices zoom on aggressive buying by exporters
Aggressive buying by Tata Global Beverages, Hindustan Unilever, Global Exports & Marketing, Godfrey Phillips, Balaji Agro International, Ra...
Darjeeling tea prices zoom on aggressive buying by exportersDemand for tea variety has picked up in US, EU markets.
- 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...
Tea cos look to reap gains from global shortageThe year 2010 is likely to open on a firm note for the tea industry.