http://www.business-standard.com/commodities/storypage.php?autono=398184
A mixed bag for tea prices
Ishita Ayan Dutt / Kolkata Jun 15, 2010, 00:11
With the weather playing truant, north and south Indian tea is moving in
divergent directions.
The output in south India in May was up by about 2.5 million kg while that in
north India was down to seven million kg.
“North India crop showed an increase of 6.9 million kg till April. In May,
we probably lost about the same or a little more. June does not look better
either,” said Aditya Khaitan, chairman, Indian Tea Association.
That probably explains why tea prices in north India are much higher compared
to south India. Prices in north India were Rs 15-20 a kg higher compared to
the same period last year in the private sales.
“There is a glut of good quality tea,” said an industry representative.
Prices in south India, in contrast, were selling at Rs 7-8 a kg lower than
last year. Till April, the crop in south was higher by 10 million kg.
However, things took a different turn in May. “There was too much rain, the
temperature was not conducive for growing conditions. I doubt north India
production will be at the same level as last year,” said an industry
representative.
If north India was showing a firm trend in prices, then it was an aberration,
given that prices had eased across the globe. Prices at Mombasa auction eased
with top grades dropping from $3.82 a kg to $3.42 a kg.
Sri Lanka tea fell sharply by the end of May by about 20 Sri Lankan rupees a
kg and is now recovering little.
The primary reason being that the crop output across the globe was higher by
about 100 million kg.
After last year’s deficit crop, Kenya and Sri Lanka reported a higher output
of 75 million kg during January-March while south India recorded an increase
of 12 million kg, followed by north India at 6.9 million kg.
The three countries account for 80 per cent of the black tea production.
http://in.reuters.com/article/idINSGE64O0HL20100525
Sri Lanka April tea output down 7.5 pct yr/yr
Tue May 25, 2010 7:13pm ISTRelated News1 McLeod Russel sees FY11 tea
production at 102 mln kgs
May 31, 2010S.Lanka's March trade deficit widens to $427.9 mln
May 26, 2010Shifting rivers threaten Assam's tea region
May 19, 2010Shifting rivers threaten India's top tea region
May 19, 2010S.Lanka's Feb trade deficit widens to $344.5 mln
May 10, 2010Jay Shree Tea board to consider African buys
Apr 26, 2010
COLOMBO May 25 (Reuters) - Sri Lanka's tea production in
April fell 7.5 percent year-on-year back in line with its
10-year average, after the same month in 2009 saw extraordinary
production, the island nation's tea board said on Tuesday.
Tea output was 28.4 million kg against 30.7 million kg in
April 2009. Total production in the first four months has risen
27.1 percent to 102.3 million kg. "The April production is on par with the
avearge in the
last 10 years," said H.D. Hemarathne, director general of the
Sri Lanka Tea Board. "There was high production in last year's
April after low output in the first three months of 2009." Output fell 9
percent to 289.8 million kg last year from a
record 318.7 million kg in 2008, due to adverse weather
conditions and lack of fertiliser along with a labour strike.
[ID:nSGE60K0GP] The board expects production of between 300-315 million kg
this year and export revenues of around $1.3 billion. Sri Lanka's annual
earnings from tea exports fell 6.8
percent to $1.2 billion in 2009. Tea is one of the $42 billion economy's main
foreign
currency earners, along with remittances, textile and garment
exports and tourism.
The following table shows Sri Lanka's tea output (in kg):
APRIL JAN-APRIL
2010 2009 2010 2009
High Gr 6,392,859 9,455,149 24,206,548 23,443,887
Medium Gr 4,749,037 5,708,484 16,647,111 14,104,438
Low Gr 17,273,434 15,555,184 61,475,785 42,949,942
Total 28,415,330 30,718,817 102,329,444 80,498,267
($1=113.825 Sri Lankan rupees)
(Reporting by Shihar Aneez; Editing by Bryson Hull)
※ 引述《candyccc (candy)》之銘言：
: 看了上篇的文章
: 很想知道
: 要如何得知錫蘭當地的拍賣價格呢?
: 想比較不同產區的茶價
: 謝謝
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