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Print Print edition: 2016-11-11

Bangladesh tea prices fall

Published November 11, 2016 Updated November 11, 2016 12:00am

Tea prices in Bangladesh fell about 1.8 percent at the weekly auction on Tuesday as the volumes on offer rose to the highest so far this season, but strong demand for good quality leaf capped a steeper decline. Bangladesh tea fetched an average of 195.94 taka ($2.50) per kg at the auction, down from 199.49 taka in the previous sale. The offerings in this sale were the largest so far this season which met with much less demand, the National Brokers said in a market report.

Copyright Reuters, 2016

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