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Fourth weekly decline in tea prices

This article was originally published in The Public Ledger

TEA prices in Bangladesh continued to fall for a fourth straight week due to lack of foreign buyers, brokers said on Tuesday. The average price of Bangladeshi teas fell to Taka159.92 ($2.1) a kg at the weekly auction from last week's Taka160.75. More than 20% of the 1.49m kg on offer remained unsold and were returned to storage.


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