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Chinese tea welcome?

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Taiwan

Taiwan Tea Association Chairman Hsu Cheng-Ching has recently called on the Taiwanese market to open up to Chinese tea at a recent seminar held to discuss the highly controversial Economic Cooperation Framework Agreement (ECFA) that was signed in June. ECFA will see tariffs eliminated for a myriad of Taiwanese and Chinese products including tea over the next two years
Hsu argued that should the market fully open to Chinese tea, Taiwanese makers will have greater access to materials and supplies from mainland China, creating a win-win situation for both countries. 
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Fujian tea exports up

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China

During the first quarter of 2010, the value of tea exported from China’s Fujian province rose 18.7% to US$30.3 million. The export growth rate is consistent with the previous year and is an accumulation of the 2.9% growth rate recorded in the first half of the year, and a sharp increase of 17.6% during June itself – the highest increase in the half year alone. Approximately 78% of the exports are directed to Japan and Hong Kong.
 

Tea imports double

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Pakistan

The Pakistan Tea Association (PTA) reported that black tea imports increased from 7 million kgs worth US$16.9 million last July to 14.21 million kg worth US$29 million this July, nearly doubling last year’s figures.
The sharp increase could be attributed to the illegal trade routes crossing the Pakistan-Afghan border being blocked by US paramilitary forces battling extremists in the region, bringing illegal tea imports down to the same level as legitimate imports. 
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Scrap trade barriers

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Sri Lanka 

The newly appointed minister of Plantation Industries, Mahinda Samarasinghe, said last week that he is seeking to have trade barriers removed against Ceylon Tea so that Sri Lanka’s tea exports could grow again.
Sri Lanka’s premium tea has a wide following around the world, particularly Russia, but their export is hampered by trade barriers and domestic conditions. Recently Russia has been turning away from Sri Lankan tea to shore up its own market and it has been feared Sri Lankan tea would have to seek other export markets, hence the anxious attempt to have its trade barriers removed. 
 

Tea to get act together

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Nepal

The executive director of the Nepal Tea Development Board has said that Nepalese tea producers will be able to start selling to the local market “within three to four years.” 
Domestic consumers are expected to be offered CTC and orthodox teas from Uday, Muna, Upahar, Mechi, and Tinpate regions. All the teas are produced in factories at Jhapa and Ilam.
Nepal  imports most of its tea, around 3,000 tons annually. 
 

FHA breaks records

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Singapore

FHA2010, held from 20 - 23 April 2023 at Singapore Expo, was a record-breaker, being the largest show ever, with a significant increase in size. The show occupied more than 82,000 square metres compared with 72,000 square metres in 2008. The number of group pavilions increased from 33 in FHA2008 to 46 this year. New group pavilions including those from Argentina, China, Philippines, Poland, South Africa and Venezuela as well as perennial exhibitors enjoyed a productive showing.
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New tea clones

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Scientists from Tocklai Experimental Station have developed four new tea clones which are promised to preserve and enhance Assam tea’s unique qualities and taste while making plants hardier and higher yielding. 
The director of the Tea Research Association said that the clones are slated to be released this  autumn rather than waiting the mandatory 12 years because  “time is short”. 
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Darjeeling price rise

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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.
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Jay Shree Tea hungry

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Jay Shree Tea & industries has been hunting for tea estates and sugar mills across Indonesia, Africa, and Vietnam after acquiring BK Birla. BK Birla was looking to acquire estates and mills itself before being acquired, and apparently passed the acquisition bug onto Jay Shree afterwards.  Jay Shree Tea is looking to fund its acquisition efforts and bolstering its exisiting plants by oversea loans and hopes to have the transactions finished by the end of the year. 

 

Pests Blight harvest

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In an unprecedented attack not seen in recent times, an attack by tea mosquitoes destroyed tea plants in the Assam region in May and June during the season that sees the second and best crop of the year being grown. The ruinous blight has effectively halved tea production in the region, and it is expected that prices will rise steeply in turn. The price per kilo has already climbed to INR15-20 (US$0.21-0.32).
The crippling pest attack could be attributed to a population explosion precipitated by unusually heavy rains that fell for weeks which hampered containment of the pests. The region follows maximum residue limit regulations put in place by the EU and other countries, and what little is used to contain the vermin is quickly washed away by the rains. In addition, poor environmental conditions are further hampering recovery. 
The region faced severe rainfall straight after the devastating pest attack on tea crops during this year’s spring. The overall tea output for the region is very likely to miss the 735 million kg mark posted in 2009, falling 10 million kg short in total so far due to the two earlier mishaps, and the rest of the year was deemed not sufficient for any reasonable recovery to make up for the loss. 
Affected companies operating in the region include Apeejay Tea, Assam Co., M.K. Shah Exports, McLeod Russell and Warren Tea. 
 
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