Tea Price Report | Week 46 | Ending 14 November

Prices at the world’s major auctions gained modestly last week, reflecting tightening supply and higher production costs.In Colombo, the auction average rose to 2.50 per kilo, supported by strong interest in bright, high-grown liquoring teas and limited fresh offerings.In South India, the CTC market strengthened to 182 rupees per kilo, driven by active blenders in Kerala and the Nilgiris and by continued seasonal demand from packers. |In Mombasa, Kenya, BP1 grades rose to one dollar and eighty-nine cents per kilo, a six-cent weekly increase, as buyers from Pakistan and Egypt met lighter Rift Valley production and tighter warehouse stocks.Worldwide, cost pressures persist. The Sri Lankan rupee remains near record lows; Indian estates face rising electricity, fuel, and labour costs; and Kenyan fertiliser prices are up sharply year over year.Looking ahead, the tone is firm. Colombo is expected to trade in the US$2.05–2.15/kg range; South India CTC is likely to hold around INR 180–185/kg; and Mombasa may inch toward US$1.90–1.94/kg if lower Kenyan output continues.https://teajourney.pub/tea-price-report/Signup www.tea-biz.com | https://teajourney.pub/newsletter-preferences/Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy