How many tea auctions are there in India?
Among the 14 auction centres of the world nine are situated in India. These are Amritsar, Calcutta, Cochin, Coimbatore, Coonoor (two centres), Guwahati, Jalpaiguri and Siliguri.
How do you buy tea at auction?
For participating in auction process, all the stakeholders need to be registered with Tea Board. Apart from Tea Board registration, the sellers and brokers need to be registered with the auction centres where they would like to offer their teas.
What is the current price of tea in India?
Weekly Prices
| Week Ending/Date | Kolkata | Tea Serve |
|---|---|---|
| 01/07/2017 | 165.76(168.49) | 74.31(84.60) |
| 24/06/2017 | 161.95(163.93) | 80.61(88.47) |
| 17/06/2017 | 159.84(163.88) | 77.91(89.39) |
| 10/06/2017 | 149.52(154.04) | 80.13(91.04) |
What is the price of tea in Assam?
Questions & Answers on Assam Tea
| Type | Min Price | Max Price |
|---|---|---|
| BOP | Rs 105/Kg | Rs 360/Kg |
| Organic | Rs 110/Kg | Rs 1150/Kg |
| Processed Tea | Rs 100/Kg | Rs 295/Kg |
How do I register for tea Board?
FAQ – Welcome to Tea Board
- Firstly you should accept the undertaking.
- Select the state.
- Select the Type of License / Registration.
- Furnished the relevant details as per the category of license / registration selected.
- Upload Supporting Documents.
- Pay Fees Online wherever applicable.
Why is blending necessary for tea?
The aim of blending is to create a well-balanced flavour using different origins and characters. This also allows for variations in tea leaf quality and differences from season to season to be smoothed out. Tea can be flavoured in large blending drums with perfumes, flavourants, or essential oils added.
Who is a tea broker?
A tea broker is an intermediary between the tea producers and buyers. Brokers must have three managers who are qualified to taste, report and auction producers teas. They maintain adequate staff to handle sampling, financial, administration and distribution work.
How does tea auction work?
Auction Activities – The teas that have been catalogued are auctioned off on set dates in designated auction centers, with buyers bidding. On the auction day, lots are auctioned off at random in various sessions. Finally, the lots are demolished in the name of the highest bidder.
What is the rate of tea per kg?
Questions & Answers on Loose Tea
| Pack Type | Min Price | Max Price |
|---|---|---|
| Bag | Rs 100/Kg | Rs 180/Kg |
| Loose | Rs 90/Kg | Rs 260/Kg |
Why is tea so expensive in India?
They are produced at a low volume, often not more than 15kg. Since these teas are produced in lower quantities, their prices climb up as demand soars. Sometimes, teas, such as the Darjeeling Tea are sold in private auctions to large tea houses in Europe, America, and Japan.
What is the price of Darjeeling tea?
Questions & Answers on Darjeeling Tea
| Type | Min Price | Max Price |
|---|---|---|
| Organic | Rs 150/Kg | Rs 2500/Kg |
What is tea board certificate?
Every registered exporter of bulk tea, packet tea, tea bags and instant tea is required to be registered with Tea Board for obtaining Registration- cum-Membership Certificate under the Export Import Policy of the Government of India to avail import/export entitlement / duty drawback benefits.
How much tea is auctioned each year in India?
Public tea auctions handle more than 500 million kilograms annually. The newly designed e-Auction system is being used by all the six Auction Centres (Kolkata, Siliguri, Guwahati, Cochin, Coimbatore and Coonoor).
How does the e-auction system in India work?
The e-Auction system integrates the process starting from creation of invoices till the delivery of tea from the warehouses, enabling better control and avoiding duplication of work thus reducing time. The auctioning of tea in India is being supervised by the Tea-Board of India.
Where is the headquarters of the Tea Board India?
The Tea Board India is an Indian Government-controlled organization that regulates the Indian trade in tea. It was established by the enactment of the Tea Act in 1953 with its headquarters in Calcutta (now Kolkata).
What are the rules of pan India auction?
PAN India Auction Rules A. General Principles of Auction Sale 1. Primary condition of Auction Sale All rules of an auction organiser made before commencement of the Pan India auction rules, except wherever specified or rules inconsistent/repugnant to Pan India auction process shall continue in force. The Pan India