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Tea output down 3.7% in October; exports up 1.17%

Tea output down 3.7% in October; exports up 1.17%

Kolkata: India's estimated tea production fell by around 3.7 per cent to 176.44 million kg in October from 183.23 million kg produced in the year-ago month, according to data from the Tea Board India released on Monday.

According to provisional data from the Board, tea exports during the January-October period were up by about 1.17 per cent to 200.38 million kg as against 198.06 million kg exported in the year-ago period and in value terms, exports during the first 10 months of the current calendar year were at Rs 4,061.81 crore as compared to Rs 3,911.05 crore in the corresponding period last year.

Estimated production data suggested that the fall in absolute terms during October was due to a drop in crop production in north India. However, on the export front, tea shipments to the CIS countries, including Russia, Ukraine, Kazakhstan and others, were at 51.07 million kg in the January-October period of 2018, down from 52.72 million kg in the same period of last year.

IANS

IANS

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