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Reputation: 642,945  •  Jun 29, 2021 5:51 PM
India's tea exports may fall this year due to stiff competition from Africa
India's tea exports may fall this year due to stiff competition from Africa
Apart from a hike in freight, what is hurting the trade is lower prices of teas from Africa. Africa is able to sell teas at $1.6-1.7 per kg or Rs 120-126 per kg. Indian black tea price, which is of a similar quality as African tea, is selling at more than Rs 200 per kg.
The Economic Times

https://economictimes.indiatimes.com/news/economy/foreign...
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