You are here: Home Back Issue Tea Time Tea Time-q3-10 Darjeeling price rise

Darjeeling price rise

E-mail Print
Global companies, the majority of them from the EU, have been buying Darjeeling tea recently, driving up prices for the commodity despite previous economic conditions such as the Euro banking crisis and the US housing foreclosure crisis. Currently, Darjeeling tea fetches anywhere from US$64 to US$129 for the leaf variety in the EU market and costs around US$0.23 cents/kg at auction price, according to Tea Board statistics.
In addition to aggressive buying by the global companies, the poor conditions recently encountered by the region and the subsequent massive decline of tea production have aggravated the situation. 
 

Printed Edition

Banner

Quarter 4, 2011


To View E-Magazines manu
Log in or Register (free)

Hot Topics

 

Tea and Coffee to get a STiR – March, 2012

In March 2012, Tea & Coffee Asia becomes STiR Tea & Coffee Industry Bi-Monthly.

The online community

 
join with us