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All tea auction centres around the globe, except Chittagong in Bangladesh and Limbe in Malawi, have received higher prices in the first nine months of current calendar over 2010, reveals an analysis of the latest market reports and data available with the Tea Board. Between January and September, Colombo auctions in Sri Lanka received the highest price of $3.28 a kg among all centres. This was five cents more than the corresponding period of last year, marking a 1.55 per cent growth.
Mombasa auctions in Kenya received the second highest price average of $2.74 a kg marking an increase of 21 cents or 8.30 per cent.
India posted the next highest price average of $2.28 a kg, registering an increase of 9 cents or 4.11 per cent. South Indian auction prices rose by 10 cents or 6.94 per cent to reach $1.54.
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