Friday, October 23, 2020
News

Nepali tea gets higher price in Indian market post lockdown

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Biratnagar | September 27, 2020 2:42:18 PM IST
The price of Nepali tea leaves has boomed in the Indian market in the post lockdown scenario, boosting prospects of producers with an increase in demand and consumption of the beverage.

With a fall in tea production in West Bengal, one of the largest in India, due to rainfall and lockdown, Nepali tea producers are now bridging the gap to fulfill the demand in India.

"In post lockdown, our tea grain and leaves are getting a better price. In the last three months, we are exporting tea grains and leaves in large amounts, in comparison to other times. The price of our products has also increased," a proprietor of Jagdamba Tea Processing, Bishnu Neupane said.

The price of one kilogram of (Crush, Tear, Curl) CTC tea in the Indian market now stands at Rs 400 which was earlier around Rs 200 pre-lockdown. The green leaves of tea, which earlier used to sell at Rs 10 kg, has now shot to Rs 50 per kg.

Orthodox tea, which previously used to sell in the market at Rs 15 per kg, it is now being sold at Rs 100 per kg.

As per the data from the customs, Nepal has been able to export tea leaves and grains amounting to about Rs 147 crores. Over 51 lakh kg of tea grains and leaves were exported to India from mid-June to mid-September.

Nepal, last year during the same period, had exported nearly 23 lakh kg of CTC tea to India, which then amounted to Rs 59.16 crores. It was an average of Rs 152 per kg last year which has increased to Rs 335 per kg in the post lockdown period.

India annually consumes about 100 crore kg of tea. A total of 140 kg crore tea is produced annually in India, out of which, 25 crores are exported to other nations including Nepal. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
Final Presidential debate: Trump says CO...
US sanctions Iranian entities for attemp...
Nuke treaty termination won't harm Russi...
Lebanese PM-designate vows to form cabin...
Biden-Harris admn will be a friend and a...
Senate Judiciary Republicans vote to adv...
More...
 
INDIA WORLD ASIA
J&K Admin announces changes in Civil Ser...
Bihar has decided to re-elect Nitish Kum...
ICMR issues advisory on CRISPR technolog...
Andhra Pradesh Group-I mains exams postp...
Heavy rainfall forecast in Odisha, distr...
Odisha govt instructs collectors to chec...
More...    
 
 Top Stories
61% Indians sceptical about Covid v... 
US sanctions Iranian entities for a... 
LG Display logs profit in 2 years a... 
S Korean watchdog to review Google'... 
Bringing dignity to theatre has giv... 
Walmart files pre-emptive lawsuit a... 
Telangana's Covid tests cross 40 la... 
Qlik acquires Blendr.io to help cus...