Tea Board fixes ₹ 14.Seventy one/kg average price for August

Tea Board fixes ₹ 14.Seventy one/kg average price for August

by admin- Wednesday, August 4th, 2021 08:02:53 AM

This is the bottom charge due to the fact that May 2020
Tea Board has announced the district average charge for green leaf for August as ₹14.71 a kg.

Tea Board’s Deputy Director CS Hariprakash stated that this price became arrived at primarily based on the consolidated auction sale average of CTC teas from offered leaf factories throughout July.

He has instructed all offered leaf factories in The Nilgiris district to stick to this price even as buying green leaf from farmers this month.

He has requested all discipline officials of Tea Board to make sure that no offered leaf tea manufacturing unit of their jurisdiction paid less than this average rate this month.

This charge is ₹2.03 less consistent with kg compared to ₹sixteen.Seventy four fixed for final month. That manner, growers will now get 12.13 according to cent less compared to ultimate month.

This is the lowest fee of now not handiest all the months so far this yr however considering May 2020 when the rate turned into ₹14.45 a kg.

The charge is substantially much less in comparison to ₹20.99 a kg fixed for August 2020. That method, growers will get ₹6.28 or as a great deal as 29.92 consistent with cent less compared to August 2020.

Considering that 4 kgs of inexperienced leaf are typically sold to fabricate one kg of made tea, small growers will now get approximately ₹25 much less according to kg compared to this time closing yr.

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