Tea Price in Bangladesh: Tea growers of Panchagarh yesterday staged a demonstration at Sher-e-Bangla intersection of the Panchagarh-Dhaka highway, demanding a fair price for raw tea leaves in the ongoing harvesting season.
By Steve A. Morrell
The cumulative average of Rs. 628.21 (US$ 3.42) was the highest average recorded on all teas sold last year, the Forbes and Walker tea market report reported.
With steady increases in net sales averages throughout 2020, culminated in prices realized at the end of the year.
The industry described prices during the year as “good”. However, interestingly, although low growns were the highest contributor to the high average, high and mid growns also recorded substantial averages described as the highest on record. Low growns averaged Rs. 666/32 per kilo.
Brokers attributed the high prices to less tea available all year round with the exception of Kenya, which recorded distinctly positive crop returns.