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Kerala’s devastating floods have not had much of an impact on the tea trade, says the Tea Trade Association of Cochin. “Our auction storage was not affected and no significant loss was suffered to teas kept at our approved godowns. We were able to run the show with required postponements for a day or two,” Amir Abbas Khan, the outgoing president of the association said.
He urged the Centre and the State government to give serious attention and help to all areas where the difficulty was caused to the trade, especially to estate workers who have suffered immense losses.
Khan said there has seen a drop in the volume of tea sold through the Kochi auctions this year. Of the total teas sold through auctions in South India, Kochi sale is 42.02 per cent (last year 45.94 per cent) of the total sales as against 46.64 per cent for Coonoor and 11.32 per cent for Coimbatore. But he pointed out that the average price realised from the Kochi auction centre in 2017 was ₹116.95 as against ₹84.27 for Coonoor and ₹94.75 for Coimbatore.
On domestic tea production, he said Kerala produced 62.35 million kg in 2017 against 61.52 million kg in 2016, registering an increase of 0.83 million kg.
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