"Today the tea industry in India is going through a supply crisis, especially from the North-East region. There is a very small carry-forward stock from last year, and the current crop has been delayed due to climatic reasons. Crop is good in South India but it is not able to make good for the shortfall. If you look at the international scenario, there is a shortfall of crop in Kenya due to climatic conditions and political problems. As a result of these reasons, tea prices have moved up by about Rs 20 per kg, at the procurement level. The probability of prices softening, if at all it happens, is likely in October-November, but is not expected to go back to the levels of last year. "
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