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STRONG TEA MARKET

Ttivaie cablegrams received yesterday advise a very strong market for all description, of tea, both in the Colombo and Calctttte markets, especially for common and low medium types. These f teaa show_a jreneral advance m prices, of 2i6d to jo. Tlte large London blending houses are almost entirely responsible for this rise, probilbly due to the financial crisis at Home. Quality, both in Ceylon and India, v now slowing a falling off, all round. Cabled opinion is that it is difficult to forecast tHe future' trend of the tea market, but ifc< would appear a« if this exceptional rise jr too justified.

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https://paperspast.natlib.govt.nz/newspapers/EP19311001.2.130.4

Bibliographic details

Evening Post, Volume CXII, Issue 80, 1 October 1931, Page 16

Word Count
105

STRONG TEA MARKET Evening Post, Volume CXII, Issue 80, 1 October 1931, Page 16

STRONG TEA MARKET Evening Post, Volume CXII, Issue 80, 1 October 1931, Page 16

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