Tea sales average up in rupee terms in Feb.

Thursday, 4 March 2021 03:25 - - {{hitsCtrl.values.hits}}

Marginal increase of Rs. 0.92 from Jan. but YOY increase of Rs. 43.95
Low Growns see Rs. 44.82 increase compared to Feb. 2020

National tea sales average in February totalled Rs. 645.95 per kilo ($ 3.35) vis-à-vis Rs. 645.02 ($ 3.40) of January, showing a marginal increase of Rs. 0.92 month on month, Forbes and Walker Tea Brokers said yesterday.

However, in comparison to the February 2020 average of Rs. 601.99 ($ 3.35), shows a fairly significant increase YOY of Rs. 43.95.

Forbes said High Growns, totalling Rs. 611.83 ($ 3.17) for February, have recorded a marginal decrease of Rs. 01.46 month on month vis-à-vis Rs. 613.29 ($ 3.23) of January. However, when compared to the February 2020 average of Rs. 571.58 ($ 3.18), a fairly significant increase of Rs. 40.25 is recorded YOY.

Mediums, averaging Rs. 579.78 ($ 3.01) for February, have recorded a marginal decrease of Rs. 05.59 vis-à-vis Rs. 585.37 ($ 3.09) of January. When compared to the February 2020 average of Rs. 538.12 (USD 3.00), shows an increase of Rs. 41.66 YOY.

Low Growns, totalling Rs. 674.11 ($ 3.50) for February, recorded a marginal increase of Rs. 01.07 vis-à-vis Rs. 673.04 ($ 3.55) of January. Here again, the average shows a significant increase of Rs. 44.82 YOY when compared to Rs. 629.29 ($ 3.50) of February 2020.

During January-February cumulative national average of Rs. 645.47 ($3.38), an increase of Rs. 50.66 ($ 0.07) is recorded vis-à-vis Rs. 594.81 ($ 3.31) of January-February 2020.

Forbes said High Growns for the period January-February 2021 of Rs. 612.60 ($ 3.20) have shown an increase of Rs. 60.30 vis-à-vis Rs. 552.30 ($ 3.07) of January-February 2020. Mediums averaging Rs. 582.75 ($ 3.05) have shown an increase of Rs. 67.72 vis-à-vis Rs. 515.03 ($ 2.87) of January-February 2020. Low Growns totalling Rs. 673.49 ($ 3.52) for January-February have shown the lowest increase of Rs. 44.51 vis-à-vis Rs. 628.98 ($ 3.50) of January-February 2020.

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