Frenzy around Darjeeling tea first flush starts dampening

After a preliminary rise in prices to nearly $45 on average for the year's first harvest, prices started shedding 10-15% in mid-April

After an initial boost to Darjeeling tea prices, which rose by over 10 per cent in the international market just after the variety staged a comeback after a year, prices have stopped dropping by 10-15 per cent in the recent past.

After a preliminary rise in prices to nearly $45 on average for the first flush, or the year’s first harvest, prices started to fall by 10-15 per cent in mid-April.

Kaushik Basu, secretary general of the Darjeeling Tea Association (DTA) told Business Standard that he learnt that prices in private sales, which make up nearly 80 per cent of