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New Delhi April 25 The Department of Commerce has announced the price spectrum band for the year 2006 for rubber, coffee and tea. A release issued here said the price spectrum band for each commodity has been calculated on the basis of the seven years' moving average of international price for the commodity.

Financial Assistance

The annual average domestic price for tea was Rs 63.62/kg during 2006 and it has been categorised as `normal year' for tea. The annual average domestic price for arabica coffee during 2006 was Rs 109.84/kg and it has been categorised as "boom year".

The annual average domestic price for robusta coffee was Rs 63.02/kg during 2006 and it has been categorised as `boom year'. The annual average domestic price for rubber was Rs 87.83/kg during 2006 and it has been categorised as `boom year' for rubber.

As no tobacco grower was enrolled under the scheme, price spectrum band for tobacco has not been fixed. On the basis of price spectrum band 2006, 14,928 tea growers would receive financial assistance of Rs 74.64 lakh from the PSF Trust during 2007-08.

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