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Production shortfall to affect tea prices in 2021


The year 2020 had ignited hopes for growers of plantation commodities with prices showing an increase with volatility. However, the positive trends were dampened towards the year-end on account of uptrends in the supply side.Tea prices were on the rise since July due to supply issues, which were considered as a requisite for the sustenance of the sector. Domestic tea prices from January to November period at auctions, especially South India, was higher by ₹28.96 per kg at ₹130/kg, while North Indian price was up by ₹54.75 at ₹207.59 as compared to same period last year.However, in the last few auctions sales, …

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