Wednesday, 11 April 2012

Global Tea costs to stay great on generation drop

Global tea costs are likely to increase higher on generation fall in the second greatest tea generating country, Indian, due to famine in the significant increasing places.

According to reviews, the international tea costs may go up 12% this season. The tea companies has approximated that 2012-13 is likely to very limited provide and need situation.

The generation in Assam, one of the top tea generating state in Indian, slipped by 20% until now due to chronic dry climate.

According to Tea Panel of Indian, nation's tea generation slipped 11% to 18.7 thousand kg in Jan 2012 against the 20.9 thousand kg in Jan last season.

Similar is the case with South Africa. The in the first one fourth of 2012 is predicted to be reduced than that of 2011 as the tea increasing places was suffering from the dry climate at the end of Dec 2011 along with cases of ice.

Kenya generation in Q1 is likely to fall by 17% to 70,000 plenty in comparison to last season.

In Indian, the normal rate of tea is around Rs 65 to 70 a kg and top quality herbal tea are promoting at above Rs 100 a kg and above at the sales.

India is the greatest tea customer in the world.

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