Tea expenses sold thru various public sale centres in the u . S . A . Expanded by using 8.Fifty three in keeping with cent inside the January-April period of this yr as compared to charges within the equal period of the preceding 12 months .

According to the ultra-modern statistics to be had with the Tea Board, tea costs at auctions rose to a mean of ₹127.17 a kg from ₹117.18, up with the aid of ₹nine.Ninety nine a kg (eight.Fifty three in step with cent).

Prices accelerated at the auction centres in each North India and South India.

In the North Indian auction centres, charges averaged ₹133.Seventy three a kg towards ₹122.81 throughout January-April 2018, an growth of ₹ 10.92 a kg (eight.89 per cent).

A main cause for the fee rise in North turned into the reduced substances due to the Tea Board’s choice to forestall production within the iciness months to rid the marketplace of sub-popular teas.

The average charge in South Indian public sale centres rose to ₹111.18 a kg from ₹103.25 in January-April 2018, a gain of 7.Sixty eight consistent with cent.

Following the reduced availability of North Indian teas, the upcountry buyers and exporters confirmed a eager interest you bought from South Indian auctions and thereby pushed up the prices.