Tea prices rise on potent brew of weather and coronavirus

Popular Darjeeling, Assam varieties spike after India flooding and lockdown

20201005N Tea

Workers pick tea leaves at a tea estate in Assam, India. © Reuters

MUNEMASA HORIO, Nikkei staff writer

TOKYO -- Tea prices have boiled over this year as inclement weather mixes with the coronavirus to create conditions somewhat stronger than a tempest in a teapot.

In the Sri Lankan capital of Colombo, the average auction price of Ceylon tea was about 625 Sri Lanka rupees ($3.40) per kilogram in mid-September, or nearly 20% higher than a year earlier.

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