Comments
Prices of tea in the Indian auctions have risen on an average by 2.31 per cent till November-end, compared with January-November 2018.
According to the latest data available with the Tea Board, till November-end, prices rose to ₹141.17 a kg from ₹137.98 in January-November 2018. This increase of ₹3.19 a kg marked a gain of 2.31 per cent.
The increase was more in North Indian auctions. Here, average price rose to ₹153.36 a kg (₹149.87 a kg). This increase of ₹3.49 a kg marked a gain of 2.33 per cent.
In the South, the average prices increased to ₹101.04 a kg (₹100.68 a kg), up just 0.36 per cent.
With the official data awaited for December, traders now reckon that the average price in calendar 2019 would be around ₹3 a kg more than in 2018.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.