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P.S. Sundar

Coonoor, Nov. 23

Tea producers who sold their teas through the eight auction centres in the country in the first nine months of 2007 have earned Rs 83.38 crore less than in the same period of 2006.

An analysis of the information available with the Tea Board shows that this happened because prices fell even as the volume sold was lower.

Between January and September, every kg of tea sold lost Rs 1.27 to average Rs 65.14. This is despite the volume sold falling to 327.1 million kg from 333.4 mkg.

Consequently, the overall earnings dropped by 3.77 per cent to Rs 2,130.73 crore.

The biggest fall has happened in the North where the average price fell by Rs 1.45 a kg to dip to Rs 71.76 despite the volume sold falling to 226.9 mkg from 233.1 mkg. The prices fell in all the auction centres there except Jalpaiguri.

Kolkata continued to post the highest price of all the eight auction centres in the country with an average price of Rs 80.15 a kg – Rs 1.04 lower than last year. Here, the volume sold rose marginally to 88.4 mkg from 88 mkg.

Guwahati auctions recorded the second highest price of Rs 67.74 a kg – down by Rs 1.82.

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