TEA NEWS

Summary • Divisions between KTDA and its factories have begun emerging. • The factory told KTDA that it is not opposed to the reforms. • Another opponent of the reforms is East African Tea Trade Association – which runs the auction platform in Mombasa.

Tea Prices Surge Across India due to Floods, COVID and Low Stocks

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

Tea Market Report Sale 32-2020

KTDA orthodox teas production records 25pc growth

Tea factories are also beneficiaries as they would receive proceeds from tea auctions immediately while brokers with direct or indirect commercial links with a tea factory are barred from offering brokerage services to the factory.

KTDA moved to court to compel Cabinet Secretary (CS) Peter Munya to revoke the gazette notice validating the appointment of the team.

South Indian Tea Market Report Week: 32

Tea Market Report Sale 31-2020