Tea Prices Plunge as Demand Dissipates

by

by

Comments (1)

Comment Feed

"Prices plunging"

To provide some perspective, auction prices have fallen in line with, perhaps a few cents more than previous years in Kolkata/Guwahati. Auction sizes are currently tiny and few teas on offer are of export quality. Yes - there is over-production and a large carryover, but this is mainly CTC types, not the Orthodox teas which Iran buys. Some context and cooler heads/clearer eyes are required when looking at tea markets.

Jem McDowall, New York 351 days ago

The free STiR newsletter is sent twice each month with news updates, important information and upcoming events.