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Production shortfall to affect tea prices in 2021

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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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