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Tea prices have posted an increase at all auction centres across the globe, except Malawi and Bangladesh, so far this year compared to 2010, reveals an analysis of the Market Reports of various auction centres.
Sri Lanka teas continue to fetch the world's highest price average. In the first seven months of this calendar, the latest period for which official data is available, prices at Colombo auctions averaged $3.32 a kg (2010: $3.22) posting a gain of 3.11 per cent.
Kenya's Mombassa auctions posted an average price of $2.75 ($2.54), an increase of 8.27 per cent.
Bangladesh's Chittagang auctions came third at $2.26 but this was 24 cents less than last year, posting a decline of 9.60 per cent.
India's average auction price was $2.24 ($2.05), up by 9.27 per cent. Of this, North Indian auctions posted an average of $2.60 ($2.37), up by 9.70 per cent, while South Indian auctions, $1.56 ($1.46), up by 6.85 per cent.
Indonesia's Jakarta auctions recorded an average price of $1.97 ($1.83), an increase of 7.83 per cent.
Malawi's Limbe posted the world's lowest price average of $1.58 ($1.61), down by 1.86 per cent.
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