SlideShare a Scribd company logo
1 of 19
FAITTA AGM – 28th Aug, 1
Global Tea
Market Review
FAITTA – 28th Aug, 2010 New Delhi
SACHEN VERMA
Senior Vice President Marketing – JV Gokal &
Co. Pvt Ltd
GLOBAL BLACK TEA PRODUCTION
• From the global perspective, World tea output has significantly
recovered from lower production trend occasioned by drought
experienced across the major tea producing countries in 2009 and
2008
• For the period up to May 2010, the three key producers of Black
tea (India, Kenya and Sri Lanka), which account for about two-
thirds of the world’s Black tea production, registered increased
production of 115 Million Kgs compared to the same period of last
year
• Kenya accounted for the highest increase of 61% (69 Million Kgs),
while Sri Lanka registered an increased production of 25% (26.9
Million kg)
3
Major producing countries
( Jan to June’10 )
COUNTRY
2010 2009 [+/-] mkgs 2010 2009 [+/-] mkgs
Bangladesh 6.30 6.70 -0.40 13.81 14.34 -0.53
India 104.04 118.05 -14.01 338.97 333.90 5.07
Kenya 29.82 25.34 4.48 213.01 139.28 73.73
Sri Lanka 29.50 20.50 9.00 166.90 132.20 34.70
Combined 169.66 170.59 -0.93 732.69 619.72 112.97
COMPARATIVE GLOBAL CROP : JUNE
During June Upto June
World Crop
Auction Prices for tea Across Major Tea
Producers (USD/Kg)
Period To Date
2010
To Date
2009
% Variance
Kenya June 2.60 2.23 17 %
Sri-Lanka June 3.24 2.82 15%
India June 1.99 1.95 2 %
5
MOMBASA AUCTIONS
( Weekly Price comparison )
MOMBASSA AUCTION AVERAGE
150
170
190
210
230
250
270
290
310
330
1
4
7
10
13
16
19
22
25
28
31
34
37
40
43
46
49
52
Week
USCents/Kg
2008
2009
2010
KENYA EXPORTS (Jan-June 10)
Destination Quantity in Million Kg
EGYPT 49 m Kg
UK 38 m Kg
PAKISTAN 31 m Kg
AFGHANSTAN 29 m Kg
SUDAN 13 m Kg
UAE 9.50m Kg
RUSSIA 7.4 m Kg
KENYA PRODUCTION (Jan-June)
134.1
198.7
157.3
139.2
213.0
0
50
100
150
200
250
2006 2007 2008 2009 2010
Production(MillionKgs)
Year
SRI LANKA PRODUCTION
SRI LANKA CROP FOREACAST
10
COLOMBO AUCTIONS
( Weekly Price comparison )
SRILANKA AUCTION AVERAGE
200
250
300
350
400
450
500
1
4
7
10
13
16
19
22
25
28
31
34
37
40
43
46
49
52
Week
Cents/Kg
2008
2009
2010
11
World Auction Average
Currency 2010 2009 +/- 2010 2009 +/- 2010 2009 +/-
INR 118.82 108.47 10.35 118.82 108.47 10.35 2.6 2.21 0.39
INR 97.82 102.21 -4.39 97.82 102.21 -4.39 2.14 2.08 0.06
INR 75.49 86.85 -11.36 75.49 86.85 -11.36 1.65 1.77 -0.11
BDT 172.97 128.41 44.56 114.19 91.62 22.57 2.5 1.86 0.63
US Cents 186.21 161.83 24.38 85.15 79.6 5.55 1.86 1.62 0.24
US Cents 278 243 35 127.13 119.53 7.6 2.78 2.43 0.35
US Cents 162.53 148.35 14.18 74.32 72.97 1.35 1.63 1.48 0.14
SL Rs 370.09 324.6 45.49 148.41 139.94 8.47 3.25 2.84 0.4
India Bang SL
Jan-Jun US$ 1 = 2010 45.73 69.27 114.04
2009 49.19 68.94 114.1
Januaryto June (per Kg)
Centre
In Countrywise Currency In INR (Approx.) In US $ (Approx)
(approx)
WORLD AVERAGE TEA AUCTION PRICES
Kolkata
Guwahati
Cochin
Chittagong
Jakarta
Mombasa (Kenya)
Limbe
Colombo
Exchange Rates :
Auction Average
12
India - Production
( Crop Jan – June )
Price outlookCrop 2010
District / States
2010 2009 [+/-]mkg [+/-]% 2010 2009 [+/-]mkg [+/-]%
AssamValley 47.20 59.10 -11.90 -20.14 122.60 132.60 -10.00 -7.54
Cachar 3.50 4.50 -1.00 -22.22 15.10 16.50 -1.40 -8.48
TotalAssam 50.70 63.60 -12.90 -20.28 137.70 149.10 -11.40 -7.65
Darjeeling 1.20 1.10 0.10 9.09 3.60 3.70 -0.10 -2.70
Dooars 15.90 16.70 -0.80 -4.79 45.50 44.40 1.10 2.48
Terai 8.30 9.50 -1.20 -12.63 23.80 23.10 0.70 3.03
TotalWest Bengal 25.40 27.30 -1.90 -6.96 72.90 71.20 1.70 2.39
Others 0.70 0.90 -0.20 -22.22 1.70 2.10 -0.40 -19.05
TotalNorthIndia 76.80 91.80 -15.00 -16.34 212.30 222.40 -10.10 -4.54
TamilNadu 20.80 18.20 2.60 14.29 89.80 76.90 12.90 16.78
Kerala 6.00 7.40 -1.40 -18.92 33.70 31.80 1.90 5.97
Karnataka 0.50 0.60 -0.10 -16.67 3.10 2.70 0.40 14.81
TotalSouthIndia 27.30 26.20 1.10 4.20 126.60 111.40 15.20 13.64
Cumulative Total 104.10 118.00 -13.90 -11.78 338.90 333.80 5.10 1.53
DuringJune UptoJune
13
Production comparison
( India crop Jan – June )
Crop
Variance %
Region 2010 2009 2008 2010/2009 + / (-)
North India 212.3 222.4 225.9 -10.1 -4.5
South India 126.7 111.4 119.7 15.3 13.7
All India 339.0 333.8 345.6 5.2 1.6
* Qnty. in mil. Kgs
0 50 100 150 200 250
2010
2009
2008
South India
North India
14
2010 – Auction Prices
( North India )
Price outlook
Months * CTC leaf & all Dust
2010 2009 2008 2007
Jan 98.45 87.98 72.20 63.80
Feb 94.07 81.35 63.72 59.18
Mar 79.41 78.01 62.29 61.19
Apr 106.56 115.96 97.46 81.82
May 113.55 133.48 91.14 73.95
Jun 116.66 127.10 101.02 82.79
Jul 118.77 112.92 92.90 77.38
Aug 116.00 115.05 94.57 71.61
Sep 114.00 115.10 103.90 74.96
Oct 112.00 120.06 105.58 72.82
Nov 115.00 121.61 100.03 74.43
Dec 113.00 114.05 94.18 78.45 * Estimates for Aug to Dec'10
North India ( Auc.Avg. )
PRICE COMPARISION ( NORTH INDIA AUCTIONS )
40
50
60
70
80
90
100
110
120
130
140
150
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month
Avg.(Rs/Kg)
2010
2009
2008
2007
15
All India Exports
( A Comparison – Jan to June’10 )
Export outlook
2010 / 2009
2010 2009 2008 2007 Variance
Jan 17.0 12.0 16.9 13.7 5.0
Feb 12.2 12.1 16.1 11.1 0.1
Mar 18.0 14.2 17.9 19.2 3.8
Apr 12.7 11.3 11.9 9.0 1.4
May 11.2 9.8 13.0 9.3 1.4
June 12.8 15.0 14.8 13.6 -2.2
July 19.4 18.5 10.3
Aug 18.7 21.4 17.1
Sept 18.4 19.5 15.3
Oct 18.7 21.0 13.5
Nov 19.2 15.6 12.7
Dec 22.2 20.5 11.9
Total 83.9 191.0 207.1 156.7 9.6
INDIAN EXPORTS ( A Comparision )
5
10
15
20
25
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Month
Qnty.(Mil.Kgs)
2010
2009
2008
2007
16
Region wise exports from India
Export outlook
Jan to June Jan to June Variance Variance
Region 2010 2009 + / (-) %
North India 36 38.4 -2.4 -6.25
South India 47.9 36.2 11.7 32.32
All India 83.90 74.60 9.30 12.47
0 10 20 30 40 50 60
2010
2009
Year
Qnty. (Mil. Kgs)
South India
North India
17
Market review 2010
• Like the Previous 3 months August crop in
North India is expected to be down. Pest
attack has been contained but not eradicated
• Industry likely to see another year of buoyant
prices.
• Domestic demand expected to surge ahead.
• Exports have been good on higher Orthodox
production.
Market review 2010
• Excepting North India all others regions are
showing substantial increases globally
• If prices are at the current levels then a price
hike is expected in the fourth quarter.
• Global production is expected to be more by
135 m kg
• Sri Lanka and Kenya are showing much higher
crops but global demand is strong and prices
are moving up
19

More Related Content

Similar to Global tea market review faitta presentation

India macro economy summary dec 2013
India macro economy summary dec 2013India macro economy summary dec 2013
India macro economy summary dec 2013RahulABC
 
Smgr corp presentation march 2014 gy
Smgr corp presentation march 2014 gySmgr corp presentation march 2014 gy
Smgr corp presentation march 2014 gySemen Indonesia
 
Semen Indonesia (SMGR) Corp Presentation March 2014
Semen Indonesia (SMGR) Corp Presentation March 2014Semen Indonesia (SMGR) Corp Presentation March 2014
Semen Indonesia (SMGR) Corp Presentation March 2014Semen Indonesia
 
J. Thomas & Co. - PY GRP PPT
J. Thomas & Co. - PY GRP PPTJ. Thomas & Co. - PY GRP PPT
J. Thomas & Co. - PY GRP PPTKoshy Panicker
 
Materi seminar binus university idx
Materi seminar binus university idxMateri seminar binus university idx
Materi seminar binus university idxZola Azaria
 
Smgr corp presentation_juni_2013
Smgr corp presentation_juni_2013Smgr corp presentation_juni_2013
Smgr corp presentation_juni_2013Bobby D'Arch
 
Grains World Markets And Trade February 2010
Grains World Markets And Trade   February 2010Grains World Markets And Trade   February 2010
Grains World Markets And Trade February 2010Vasu Chithiravelu
 
E2 a02 unit_i_sectoral development in india
E2 a02 unit_i_sectoral development in indiaE2 a02 unit_i_sectoral development in india
E2 a02 unit_i_sectoral development in india4512452
 
Smgr corp presentation april 2014
Smgr corp presentation april 2014Smgr corp presentation april 2014
Smgr corp presentation april 2014Semen Indonesia
 
Export and import of roses from india
Export and import of roses from indiaExport and import of roses from india
Export and import of roses from indiakrushnatt
 
FRUIT PRODUCTION SCENARIO
FRUIT PRODUCTION SCENARIOFRUIT PRODUCTION SCENARIO
FRUIT PRODUCTION SCENARIObisensharad
 
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker Ganas
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker GanasFAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker Ganas
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker GanasRuslan Chandra
 
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...Solvent Extractors' Association of India
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaZaini Ithnin
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaClean Agent Sdn Bhd
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaNusantaraPlantations SdnBhd
 

Similar to Global tea market review faitta presentation (20)

India macro economy summary dec 2013
India macro economy summary dec 2013India macro economy summary dec 2013
India macro economy summary dec 2013
 
Smgr corp presentation march 2014 gy
Smgr corp presentation march 2014 gySmgr corp presentation march 2014 gy
Smgr corp presentation march 2014 gy
 
Semen Indonesia (SMGR) Corp Presentation March 2014
Semen Indonesia (SMGR) Corp Presentation March 2014Semen Indonesia (SMGR) Corp Presentation March 2014
Semen Indonesia (SMGR) Corp Presentation March 2014
 
J. Thomas & Co. - PY GRP PPT
J. Thomas & Co. - PY GRP PPTJ. Thomas & Co. - PY GRP PPT
J. Thomas & Co. - PY GRP PPT
 
Materi seminar binus university idx
Materi seminar binus university idxMateri seminar binus university idx
Materi seminar binus university idx
 
Smgr corp presentation_juni_2013
Smgr corp presentation_juni_2013Smgr corp presentation_juni_2013
Smgr corp presentation_juni_2013
 
Grains World Markets And Trade February 2010
Grains World Markets And Trade   February 2010Grains World Markets And Trade   February 2010
Grains World Markets And Trade February 2010
 
E2 a02 unit_i_sectoral development in india
E2 a02 unit_i_sectoral development in indiaE2 a02 unit_i_sectoral development in india
E2 a02 unit_i_sectoral development in india
 
Multan cc 04 0-11-2015
Multan cc 04 0-11-2015Multan cc 04 0-11-2015
Multan cc 04 0-11-2015
 
Smgr corp presentation april 2014
Smgr corp presentation april 2014Smgr corp presentation april 2014
Smgr corp presentation april 2014
 
Export and import of roses from india
Export and import of roses from indiaExport and import of roses from india
Export and import of roses from india
 
FRUIT PRODUCTION SCENARIO
FRUIT PRODUCTION SCENARIOFRUIT PRODUCTION SCENARIO
FRUIT PRODUCTION SCENARIO
 
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker Ganas
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker GanasFAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker Ganas
FAISAL BASRI: Subsidi BBM Sudah Bewujud Kanker Ganas
 
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...
#67B SEA Rapeseed Mustard Conclave 2018, 7th - 8th July 2018 at Jaipur Marrio...
 
#67B
#67B#67B
#67B
 
Stock recommendations
Stock recommendationsStock recommendations
Stock recommendations
 
Key issues in the rice sub sector and regional trade in the eca paul guthiga-...
Key issues in the rice sub sector and regional trade in the eca paul guthiga-...Key issues in the rice sub sector and regional trade in the eca paul guthiga-...
Key issues in the rice sub sector and regional trade in the eca paul guthiga-...
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
 
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melakaBengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
Bengkel pasaran perabot & produk kayu di antarabangsa 29 july2008-melaka
 

Recently uploaded

Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance managementVaishnaviGunji
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...ssuserf63bd7
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165meghakumariji156
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptxRoofing Contractor
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Omaninstagramfab782445
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecZurliaSoop
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSpanmisemningshen123
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challengeshemanthkumar470700
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon investment
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 

Recently uploaded (20)

Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 

Global tea market review faitta presentation

  • 1. FAITTA AGM – 28th Aug, 1 Global Tea Market Review FAITTA – 28th Aug, 2010 New Delhi SACHEN VERMA Senior Vice President Marketing – JV Gokal & Co. Pvt Ltd
  • 2. GLOBAL BLACK TEA PRODUCTION • From the global perspective, World tea output has significantly recovered from lower production trend occasioned by drought experienced across the major tea producing countries in 2009 and 2008 • For the period up to May 2010, the three key producers of Black tea (India, Kenya and Sri Lanka), which account for about two- thirds of the world’s Black tea production, registered increased production of 115 Million Kgs compared to the same period of last year • Kenya accounted for the highest increase of 61% (69 Million Kgs), while Sri Lanka registered an increased production of 25% (26.9 Million kg)
  • 3. 3 Major producing countries ( Jan to June’10 ) COUNTRY 2010 2009 [+/-] mkgs 2010 2009 [+/-] mkgs Bangladesh 6.30 6.70 -0.40 13.81 14.34 -0.53 India 104.04 118.05 -14.01 338.97 333.90 5.07 Kenya 29.82 25.34 4.48 213.01 139.28 73.73 Sri Lanka 29.50 20.50 9.00 166.90 132.20 34.70 Combined 169.66 170.59 -0.93 732.69 619.72 112.97 COMPARATIVE GLOBAL CROP : JUNE During June Upto June World Crop
  • 4. Auction Prices for tea Across Major Tea Producers (USD/Kg) Period To Date 2010 To Date 2009 % Variance Kenya June 2.60 2.23 17 % Sri-Lanka June 3.24 2.82 15% India June 1.99 1.95 2 %
  • 5. 5 MOMBASA AUCTIONS ( Weekly Price comparison ) MOMBASSA AUCTION AVERAGE 150 170 190 210 230 250 270 290 310 330 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 Week USCents/Kg 2008 2009 2010
  • 6. KENYA EXPORTS (Jan-June 10) Destination Quantity in Million Kg EGYPT 49 m Kg UK 38 m Kg PAKISTAN 31 m Kg AFGHANSTAN 29 m Kg SUDAN 13 m Kg UAE 9.50m Kg RUSSIA 7.4 m Kg
  • 9. SRI LANKA CROP FOREACAST
  • 10. 10 COLOMBO AUCTIONS ( Weekly Price comparison ) SRILANKA AUCTION AVERAGE 200 250 300 350 400 450 500 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 Week Cents/Kg 2008 2009 2010
  • 11. 11 World Auction Average Currency 2010 2009 +/- 2010 2009 +/- 2010 2009 +/- INR 118.82 108.47 10.35 118.82 108.47 10.35 2.6 2.21 0.39 INR 97.82 102.21 -4.39 97.82 102.21 -4.39 2.14 2.08 0.06 INR 75.49 86.85 -11.36 75.49 86.85 -11.36 1.65 1.77 -0.11 BDT 172.97 128.41 44.56 114.19 91.62 22.57 2.5 1.86 0.63 US Cents 186.21 161.83 24.38 85.15 79.6 5.55 1.86 1.62 0.24 US Cents 278 243 35 127.13 119.53 7.6 2.78 2.43 0.35 US Cents 162.53 148.35 14.18 74.32 72.97 1.35 1.63 1.48 0.14 SL Rs 370.09 324.6 45.49 148.41 139.94 8.47 3.25 2.84 0.4 India Bang SL Jan-Jun US$ 1 = 2010 45.73 69.27 114.04 2009 49.19 68.94 114.1 Januaryto June (per Kg) Centre In Countrywise Currency In INR (Approx.) In US $ (Approx) (approx) WORLD AVERAGE TEA AUCTION PRICES Kolkata Guwahati Cochin Chittagong Jakarta Mombasa (Kenya) Limbe Colombo Exchange Rates : Auction Average
  • 12. 12 India - Production ( Crop Jan – June ) Price outlookCrop 2010 District / States 2010 2009 [+/-]mkg [+/-]% 2010 2009 [+/-]mkg [+/-]% AssamValley 47.20 59.10 -11.90 -20.14 122.60 132.60 -10.00 -7.54 Cachar 3.50 4.50 -1.00 -22.22 15.10 16.50 -1.40 -8.48 TotalAssam 50.70 63.60 -12.90 -20.28 137.70 149.10 -11.40 -7.65 Darjeeling 1.20 1.10 0.10 9.09 3.60 3.70 -0.10 -2.70 Dooars 15.90 16.70 -0.80 -4.79 45.50 44.40 1.10 2.48 Terai 8.30 9.50 -1.20 -12.63 23.80 23.10 0.70 3.03 TotalWest Bengal 25.40 27.30 -1.90 -6.96 72.90 71.20 1.70 2.39 Others 0.70 0.90 -0.20 -22.22 1.70 2.10 -0.40 -19.05 TotalNorthIndia 76.80 91.80 -15.00 -16.34 212.30 222.40 -10.10 -4.54 TamilNadu 20.80 18.20 2.60 14.29 89.80 76.90 12.90 16.78 Kerala 6.00 7.40 -1.40 -18.92 33.70 31.80 1.90 5.97 Karnataka 0.50 0.60 -0.10 -16.67 3.10 2.70 0.40 14.81 TotalSouthIndia 27.30 26.20 1.10 4.20 126.60 111.40 15.20 13.64 Cumulative Total 104.10 118.00 -13.90 -11.78 338.90 333.80 5.10 1.53 DuringJune UptoJune
  • 13. 13 Production comparison ( India crop Jan – June ) Crop Variance % Region 2010 2009 2008 2010/2009 + / (-) North India 212.3 222.4 225.9 -10.1 -4.5 South India 126.7 111.4 119.7 15.3 13.7 All India 339.0 333.8 345.6 5.2 1.6 * Qnty. in mil. Kgs 0 50 100 150 200 250 2010 2009 2008 South India North India
  • 14. 14 2010 – Auction Prices ( North India ) Price outlook Months * CTC leaf & all Dust 2010 2009 2008 2007 Jan 98.45 87.98 72.20 63.80 Feb 94.07 81.35 63.72 59.18 Mar 79.41 78.01 62.29 61.19 Apr 106.56 115.96 97.46 81.82 May 113.55 133.48 91.14 73.95 Jun 116.66 127.10 101.02 82.79 Jul 118.77 112.92 92.90 77.38 Aug 116.00 115.05 94.57 71.61 Sep 114.00 115.10 103.90 74.96 Oct 112.00 120.06 105.58 72.82 Nov 115.00 121.61 100.03 74.43 Dec 113.00 114.05 94.18 78.45 * Estimates for Aug to Dec'10 North India ( Auc.Avg. ) PRICE COMPARISION ( NORTH INDIA AUCTIONS ) 40 50 60 70 80 90 100 110 120 130 140 150 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month Avg.(Rs/Kg) 2010 2009 2008 2007
  • 15. 15 All India Exports ( A Comparison – Jan to June’10 ) Export outlook 2010 / 2009 2010 2009 2008 2007 Variance Jan 17.0 12.0 16.9 13.7 5.0 Feb 12.2 12.1 16.1 11.1 0.1 Mar 18.0 14.2 17.9 19.2 3.8 Apr 12.7 11.3 11.9 9.0 1.4 May 11.2 9.8 13.0 9.3 1.4 June 12.8 15.0 14.8 13.6 -2.2 July 19.4 18.5 10.3 Aug 18.7 21.4 17.1 Sept 18.4 19.5 15.3 Oct 18.7 21.0 13.5 Nov 19.2 15.6 12.7 Dec 22.2 20.5 11.9 Total 83.9 191.0 207.1 156.7 9.6 INDIAN EXPORTS ( A Comparision ) 5 10 15 20 25 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Month Qnty.(Mil.Kgs) 2010 2009 2008 2007
  • 16. 16 Region wise exports from India Export outlook Jan to June Jan to June Variance Variance Region 2010 2009 + / (-) % North India 36 38.4 -2.4 -6.25 South India 47.9 36.2 11.7 32.32 All India 83.90 74.60 9.30 12.47 0 10 20 30 40 50 60 2010 2009 Year Qnty. (Mil. Kgs) South India North India
  • 17. 17 Market review 2010 • Like the Previous 3 months August crop in North India is expected to be down. Pest attack has been contained but not eradicated • Industry likely to see another year of buoyant prices. • Domestic demand expected to surge ahead. • Exports have been good on higher Orthodox production.
  • 18. Market review 2010 • Excepting North India all others regions are showing substantial increases globally • If prices are at the current levels then a price hike is expected in the fourth quarter. • Global production is expected to be more by 135 m kg • Sri Lanka and Kenya are showing much higher crops but global demand is strong and prices are moving up
  • 19. 19