Page 2 - Tea Production

Tea production increases by 6.2% to 165 million kg during July 2023

Tea production in the country increased marginally by 6.2 per cent at 165.01 million kilogramme during July 2023 as compared to 155.29 million kilogramme in previous similar period. As per the latest Tea Board data, North India tea production during July this year stood at 143.05 million kilogramme, as against 135.77 million kilogramme in the corresponding previous period. Production in South India in July 2023 was also marginally higher at 21.95 million kilogramme as against 19.52 million kilogramme in the previous similar period. The percentage of production by small tea growers (STGs) as a proportion of overall volumes increased to 50.9 per cent in July 2023. Thus was 50.2 per cent in the previous similar month of 2022. In North India, both Assam and West Bengal registered higher production volumes during July 2023. The premium Darjeeling variety crop was lower at one million kilogramme during July 2023, as against 1.04 million kilogramme in the previous similar period, accordi

Significant rise in demand for all categories of tea in Sale 24

A significant rise in demand for all categories of tea was in evidence during Sale-24, a Calcutta Tea Traders' Association (CTTA) official said here on Friday. Despite reduced offerings Darjeeling tea improved its demand during this auction, he said. The total demand increased by 17.8 per cent along with increased total offered quantity during the auction as compared to last week, the official added. The auction (Sale-24) was held on June 13,14 and 15. According to CTTA data, the total offerings amounted to 1,48,214 packages (43,83,946 kg) comprising 62,627 packages of CTC leaf, 59,366 packages of orthodox, 3,489 packages of Darjeeling leaf and 22,732 packages of dust tea. CTC leaf again met strong demand and a total of 15,32,140 kg of different categories was sold at a higher average price of Rs 235.26 per kg as compared to last week. Around 23.72 per cent of the total demand was registered for CTC leaf at below Rs 150 per kg level while 45.73 per cent was marked above Rs 250 pe

Reading the tea leaves: Low production stirs chai industry's teapot

TROUBLE IN THE BREW: Scanty rainfall, pest attacks, low prices, and muted demand from some export markets

Increase in demand for all categories of tea barring Darjeeling leaf

Barring Darjeeling leaf, all other categories of tea marked an impressive increase in demand during Sale-15, a Calcutta Tea Traders' Association (CTTA) official said here on Thursday. The auction (Sale-15) was held on April 11 and 12, he said. According to CTTA data, the total offerings amounted to 44,624 packages (12,96,550 kg) comprising 22,532 packages of CTC leaf, 18,750 packages of orthodox, 405 packages of Darjeeling leaf and 2,937 packages of dust tea. CTC leaf met 53.05 per cent of its demand at below Rs 150 per kg price level and a total of 3,88,588 kg of different categories were sold at an average price of Rs 180.67 per kg. Around 21.74 per cent of the total demand was witnessed for CTC leaf at above Rs 250 per kg level, it said. Western India operated for liquoring sorts while major blender operated on plainer sorts. Other internal and local dealers registered good support, the data reflected. Some enquiry on bolder brokens was in evidence from exporters. Orthodox ...

Cup of woes: Darjeeling tea production slips to near two-decade low

Figure is even marginally lower than in 2020, when a nationwide lockdown was imposed to contain Covid-19; Tea Board chief says output has gone down because due to old bushes

Tea exports up 18% to 185.31 mn kilograms in first 10 months of 2022: Data

Tea exports from India have increased 18.1 per cent at 185.31 million kilograms between January and October 2022, from 160 million kilograms in the similar previous first ten months. According to Tea Board data, the CIS block countries remained the largest importer at 43.65 million kilograms during the first ten months of 2022, up from 36.95 million kilograms in the same period the previous year. The UAE surfaced as the second largest importer at 32.95 million kilograms during the period in 2022, substantially higher from 12.45 million kilograms in the previous similar period. Iran, which had been a big importer of the Indian orthodox variety, imported 19.52 million kilograms in the period January to October 2022, lower from 21.45 million kilograms in those 10 months in 2021. Secretary general of Tea Association of India (TAI) P K Bhattacharya said that though shipments to Iran had fallen, the silver lining is that UAE has surfaced as a major importer after the CIS block. Tea indu

Tea industry facing multiple challenges in wake of Covid pandemic: Experts

The tea industry has been no exception to the ravages of the Covid pandemic over the last two years, as it grapples with low prices and high input costs, with stakeholders calling for more focus on quality and boosting exports. Production, too, has seen a decrease in the last few years since the onset of the pandemic due to restrictions on plucking -- from 1,390 million kg in 2019 to 1,258 million kg in 2020, 1,329 million kg in 2021 and 1,050 million kg till October this year. According to industry experts, the fall in production had helped in higher price realisation at the auctions. Secretary General of Tea Association of India (TAI) Prabir Bhattacharya said though the average auction price touched Rs 206 per kg in 2020, it fell to Rs 190.77 per kg the following year. So far in 2022, the average price has been Rs 204.97 per kg, he said. The increase, however, is concomitant with rise in wages across north India, besides hike in the cost of energy, fertilisers and logistics, ...

Warren Tea to exit plantations, plans expansion of IT and hotel businesses

Signs deal with Dhunseri group for the last four estates it currently owns

McLeod Russel Sept qtr net up 6% to Rs 131 cr despite dip in revenues

Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year

Brewing at Tata Starbucks: Double-digit growth, premium store, masala chai

In the Asia Pacific, Starbucks has 142 Reserve stores

Endgame at McLeod Russel amid risk of losing control of last major asset

With two rival bids, the once powerful group that owns the world's largest tea producer is in danger of losing control of its last major asset

M K Shah Exports approaches McLeod Russel India lenders with counter offer

Carbon Resources has offered an upfront payment of Rs 1,245 crore of an estimated outstanding bank debt of Rs 1,650 crore

Why a non-tea player like Carbon Resources is eyeing McLeod Russel

With a crop of 44 mkg across 31 estates in Assam and two in Dooars, McLeod is a Goliath in the world of tea. It has estates in Africa and Vietnam and its total output worldwide is 73 mkg

Takeover scare for McLeod Russel as Carbon Resources picks up over 5% stake

The would-be acquirer makes non-binding offer to banks to settle the bulk tea producer's dues

Nepal brews a fresh crisis for Darjeeling tea with cheaper leaves

A notification banning blends of imported tea in GI-tagged teas has almost pushed Tata Consumer Products, the biggest buyer, out of the market

Tea production in Nilgiris increases by 6.9% due to heavy rainfall

The Nilgiris district of Tamil Nadu, the largest producer of tea in South India, has witnessed an unprecedented increase in the production after heavy rainfall

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

Indian Tea Association to present proposal for minimum floor price to govt

Trade body's members account for 400 million kg of tea production, 50 million kg by way of direct exports. The industry's total output was 1,258 million kg in 2020

Tata sets up Rs 100 crore tea packaging unit in Odisha

Odisha Chief Minister Naveen Patnaik on Thursday inaugurated a tea packaging unit of Tata Consumer Products Ltd at Gopalpur in the state's Ganjam district