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Archive by tag "tea"

August 2, 2018
Prices of orthodox teas, which are largely exported to Iran, have fallen 9.1% year-on-year as Indian banks are not showing interest in rupee-denominated letters of credit for doing business in Iran, said senior executives. This is a fallout of the uncertainty in Iran after the US re-imposed economic sanctions on the country, they said. “We […]
April 16, 2018
India’s tea exports rose 3 per cent in the first two months of 2018 from a year ago following an increase in the prices of Sri Lankan and Kenyan teas that made Indian teas more competitive in the global market. Healthy demand trends, combined with stagnant production levels in the domestic market, have supported prices […]
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