Kolkata: In April and May this year, the average sale price of North Indian teas was increased by Rs 16.41 a kg at Rs 92.77 a kg as compared to Rs 76.36 a kg in the same period of last year and that of South Indian teas by Rs 4.35 a kg at Rs 57.21 a kg (Rs 52.86 a kg) and the average increase in the auction price of Indian teas thus was Rs 7.68 a kg at Rs 75.59 a kg (Rs 67.91 a kg), according to Indian Tea Association quoting Tea Board figures. The output shortfall during the period is pegged at about eight million kg (mkg) at 90.4 mkg (Rs 98.6 mkg). During the period, the average price increase in South Indian auctions was up by Rs 2.84 a kg at Rs 58.55 a kg (Rs 53.71 a kg). The output was increased by an estimated 11 mkg at 60.7 mkg (49.9 mkg).
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