Tea Exports To Iraq - Aug 30 , 2008

Coimbatore: After a brief lull, tea exports to Iraq are reported to have restarted this week. The volumes were not substantial, but were hoped to increase in due course. A glance at the volumes traded in the Coimbatore auction centre show that both the quantities traded and the rates have moved up compared to the corresponding period of the previous year. The volumes traded for the six months ended June 2008 increased to 14.1 million kg against 11.38 million kg last year. Teas worth around Rs 25-30 crore was still not cleared at the other end. Most of the importing countries are purchasing multi-origin teas and blending them