Tea prices rise 8.Fifty three% in January-April by admin- Wednesday, May 22nd, 2019 06:45:38 PM
Tea expenses in the diverse public sale centres in the united states of america rose to a mean of Rs 127.17 a kg at some stage in the January-April duration of this 12 months, up via Rs 9.99 a kg or 8.Fifty three% compared to Rs 117.18 inside the equal period of the previous yr, in keeping with the modern-day records to be had with the Tea Board.
Prices multiplied at the auction centres in both North India and South India.
In the North Indian public sale centres, costs averaged Rs 133.Seventy three a kg towards Rs 122.81 all through January-April 2018, an increase of Rs 10.92 a kg (eight.89%).
A fundamental cause for the charge upward thrust in North turned into the decreased substances due to the Tea Board’s choice to prevent manufacturing inside the wintry weather months to rid the marketplace of sub-fashionable teas.
The common price in South Indian public sale centres rose to Rs 111.18 a kg from Rs 103.25 in January-April 2018, a benefit of seven.68%.