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Poor quality stalls Bangladesh tea sale

This article was originally published in The Public Ledger

THE average price of Bangladeshi teas plunged 13% to Taka147.97 ($2.07) per kg on poor quality at the weekly auction on Tuesday, brokers said. More than 29% of the 1.87m kg on offer remained unsold and was taken back into storage. The penultimate auction of the outgoing season (April to March) will be held on Tuesday, March 8, with some 1.5m kg on offer.



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