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Tea Price Report | Week 33 | Week Ending Aug 15
Published 8 months, 3 weeks ago
Description
Tea Price Takeaways | Quality premiums are back: Clean PF1/BP1s (E.Africa) and bright orthodox (Sri Lanka/Indonesia) drew premiums; plainer leaf faced resistance and higher withdrawals. | Retail inflation picture mixed: India’s historic CPI trough contrasts with modest tea/coffee category firming in the UK/EU and U.S., keeping shelf tags sticky in those destinations. | Volumes high, buyers choosy: Mombasa saw heavy offerings with >40% withdrawals in an earlier August sale; Colombo’s catalogues remain large but low-growns held firm. | Costs & policy still matter: Sri Lanka’s wage environment and logistics/fuel dynamics continue to shape exporters’ floor prices into Q3.
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