Topic
commodity prices
Commodities Agricultural #tea#orthodox tea
West Asia Tensions Weigh on Orthodox Tea Prices at Kochi Auctions
Ongoing war-related uncertainty in West Asia has dented export demand for orthodox teas at the Kochi tea auctions, with prices falling ₹6 per kg. Auctioneers report buyer resistance in Sale No. 24 amid renewed US-Iran tensions, while exporters serving Gulf and CIS markets provide only limited support. The orthodox offering of 255,383 kg saw 85% sold at an average of ₹178.60/kg, down from ₹184.78 last week.
Jun 15, 2026 1 source
Trade Tariffs & Duties #indian cotton#import duty
Indian Cotton Prices Drop as Import Duty Suspended
India suspends import duty on cotton from June 1 to October 31, easing domestic prices and benefiting the textile industry. The Cotton Corporation of India adjusts prices amid increased import options.
Jun 2, 2026 1 source