Among the various centres in the country, price rise in tea auction here was the highest during the period 2004 to 2011, according to the data compiled by Indian Tea Association.
While the average price in the city auction centre was USD 1.77 per kg in 2004, this had gone up to USD 2.78 per kg in 2011, it said. This was followed by Guwahati where prices increased from USD 1.52 per kg to USD 2.33 per kg. Among the international auction centres, price rise in Colombo auction centre was the highest.
In 2004, the auction price was USD 1.78 per kg which went up to USD 3.26 per kg. The Mombasa auction centre in Kenya was second where the price rise was USD 1.61 in 2004 to USD 2.98 in 2011. The North Indian variety fetched a better auction price compared to South India.
The average auction price of north Indian tea increased from USD 1.58 per kg in 2004 to USD 2.50 in 2011, while that for the south Indian variety was USD 1.06 per kg to USD 1.50 per cent.