Tea plantation firms record much needed profit boost on higher prices

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A dry spell followed by erratic rainfall led to a production loss of 76.

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This shortfall pushed up bulk tea prices.

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Category: BusinessFinance

Markets: India

Topics: Orthodox and CTC tea varieties Indian Tea Association Indian tea market Tea Board of India Goodricke Group Jay Shree Tea C K Dhanuka Climate change impact on tea McLeod Russel Tea production loss Tea plantation profits Tea industry challenges Rossell India Tea Board policies North India tea production Indian tea industry Tea prices increase Tea wages Assam West Bengal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 14:57:04 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23694451

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Coverage Areas: India

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