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Coffee and Tea Market Insights, Future Outlook & Long Term Growth Factors, 2021-2027- Luigi Lavazza S.p.A, Tim Hortons Inc, Tata Coffee, Hindustan Unilever Limited – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Export demand pushes up leaf tea prices in Kochi auctions April 30, 2021 However, higher crop arrivals cap the upside Exporters’ participation in large numbers pushed up prices and sales of leaf varieties at Kochi auctions this week, leading to a good demand. CIS and West Asian exporters were active compared to last two weeks and this has resulted in 88 per cent sale of the offered quantity of 2,28,943 kg. The average price realisation in sale 17 went up to touch ₹153 against ₹149/kg in the previous week, the auctioneers Forbes, Ewart & Figgis said. The market for select best Nilgiri, whole leaf and brokens in orthodox leaf was also firm and dearer. In CTC leaf, brokens and Fannings was dearer by ₹3-7, with 91 per cent of the quantity sold out of the offerings of 55,000 kg. ....
Coonoor tea auction price crashes to year’s lowest March 01, 2021 × Following inadequate demand, the average price at sale 8 of the auctions of Coonoor Tea Trade Association nosedived to ₹ 125.62 a kg – the lowest so far in calendar 2021. This was nearly ₹ 6 less per kg over the previous week. Despite this, there were no takers for as much 41 per cent of the offer resulting in teas worth ₹8.53 crore remaining unsold. The Broken Orange Pekoe CTC grade of Crosshill Estate Special, auctioned by Global Tea Brokers, topped the auctions when Tea Services India Pvt Ltd bought it for ₹ 301 a kg. This was the only tea which crossed ₹ 300/kg level this week. ....