Tea prices jump on good demand for new season supply
Michael Chen
Senior Web Developer
Tea prices in India, the world's second-biggest producer, jumped at last week's auction on robust demand from local buyers for good quality new season crop.
The CTC (crush-tear-curl) grade was sold at 154.51 rupees per kg, up 11 percent from the previous week's auction, while prices of the dust variety surged 28.5 percent to 167.76 rupees per kg.
Source: articles.economictimes.indiatimes.com/2013-04-24/news/38790491_1_tea-prices-ctc-tea-dust-variety
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