Output of Darjeeling tea likely to fall 20%
- The Economic Times 网站
- In early March, Darjeeling teas had fetched Rs 3,500 per kg against Rs 1,500 a year ago in private sales.The continuing chill in the hills of Darjeeling has affected the first-flush tea output in March, with planters estimating this year’s production to drop by a fifth. These premium teas, which is part of the season’s earliest harvest have robust demand in Japan, Germany, France, and the United States. Darjeeling tea exporters said that while the output drop could still be made up in April if the weather improves. A stronger rupee has become a concern as price realisation would decline. The rupee has appreciated against the dollar in the past one month and closed at 69.16 to a dollar on Friday. It had fallen below 74 to a dollar last autumn.