Plantations
Coffee Board finds retention plan unviable
INDIA cannot continue with the Association of Coffee Producing Countries (ACPC)'s global coffee retention scheme, because of the lack of funds, the Coffee Board hinted at the recent World Coffee Conference in London.
World coffee output seen up
WORLD coffee production in 2001-02 is forecast at 117.7 million bags (60 kg), up by less than one per cent (or 7.38 lakh bags) from 2000-01 level. Although production is expected to be up only slightly, total supplies of coffee are forecast 4 per cent ov
er the 2000-01 level, the result of beginning stocks being about 4.9 million bags higher than the previous year, according to a report of the US Department of Agriculture (USDA).
Active demand for robusta at Kochi
A TOTAL quantity of 1,96,206 kg of coffee was on offer at the fourth coffee auction held here on Saturday.
Tea
Good demand for CTCs at Guwahati sale
CTC offerings met with good general demand with prices following quality. All good liquoring and improved Assams were firm to dearer. The remainder also sold firm around last levels. Better leaf and improved cachars witnessed a similar trend and were dea
rer. Plainest kinds met with better demand and levels appreciated. All reprints and plainer fannings met with less enquiry and were discounted.
`Tea sector must shift to eco-friendly packaging'
THE overall tea situation this time round suggests that there won't be major issues on supplies. It's reassuring that Indian producers are laying a lot of stress on quality, says Mr Arun Grover, Chairman of the 112 year-old Calcutta Tea Traders Associati
on. In an interview to Business Line, Mr Grover -- the Head of Hindustan Lever's Tea Excellence Centre -- covered several important issues. Excerpts :
