December green leaf price constant at ₹12.45 a kg

December green leaf price constant at ₹12.45 a kg

by admin- Friday, December 6th, 2019 07:30:33 AM

The Tea Board of India, beneath the Union Ministry of Commerce and Industry, has announced that the district common price for inexperienced leaf I December in The Nilgiris may be ₹12.Forty five a kg.

Tea Board Executive Director M Balaji stated that this has been fixed based totally at the consolidated auction sale average of CTC teas from offered leaf factories in November. He said that every one offered factories had been told to adhere to this average price even as buying green leaf from small growers this month.

He additionally said that all discipline officials of the Bard have been informed to make sure that no sold leaf manufacturing unit of their jurisdiction paid a fee less than the district common in December.

This charge is fifty five paise less than the ₹13 a kg fixed for November. This is the bottom fee for any month all through 2019. For that be counted, it’s far the bottom fee considering the fact that October 2017 except for July 2018, while the rate was ₹12.20.

Last December, the common price changed into lots higher, at ₹16.09 consistent with kg.

News Updates