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Article: India's Darjeeling tea sells for world record price.(World News)(Brief Article)
- Article from:
- Tea & Coffee Trade Journal
- Article date:
- September 20, 2003
CopyrightCOPYRIGHT 2003 Lockwood Trade Journal Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INDIA--A top-grade Darjeeling tea fetched a world record price of 18,000 rupees ($390.70) a kg in an auction at the main Calcutta tea market, a trade body said recently.
"Five chests containing 55 kg tea, produced by the Makaibari tea estate, Darjeeling, were sold by J. Thomas & Co. Pvt Ltd, at a world record price of 18,000 rupees a kg," the Calcutta Tea Traders Association said in a statement. "It [silvertips Darjeeling tea] was keenly competed for by buyers and was purchased by Godfrey Phillips India Ltd GDFR.BO for ...