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Polluters not out of the woods yet as new $1bn fund raises bar A forest conservation programme backed by Britain and the US ensures companies don’t get the ‘easy way out’ 05 May 2021 - 19:42 By Megan Rowling Few people, nowadays, would disagree the world’s forests need better protection. But many conservation projects that offer carbon credits have an image problem, with critics saying they allow buyers to offset their planet-warming emissions without actually cutting them and have limited climate benefits. This article is free to read if you register or sign in. If you have already registered or subscribed, please sign in to continue. ....
Strong demand: 87% teas sold at Coonoor auctions May 03, 2021 Immunity booster tag fanned the offtake Although the offer of 23.32 lakh kg for Sale 17 of the auction of Coonoor Tea Trade Association (CTTA) was the highest for any auction so far this calendar, increased demand helped as much as 19.84 lakh kg of this offer (87 per cent) to be sold despite the average price rising to ₹ 117.48 a kg from previous week’s ₹114.53. This resulted in the overall earnings to rise to ₹23.31 crore from ₹15.78 crore, marking a growth of ₹7.53 crore or 47.72 per cent in just one week. “Pascoes Woodlands Green tea topped the entire auctions this week when Radhika Traders bought it for ₹300 a kg”, Ravichandran Broos, General Manager, Paramount Tea Marketing (SI) P Ltd., who auctioned this tea, told ....
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. ....
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