Iran back in the market for Indian Tea ...

After a dearth of nearly a year, the payment crisis with Iran has been sorted out and handrolled Indian tea is set to be exported to Iran once again. The crisis caused handrolled Indian tea prices to crash as the main outlet was closed off. This spring, handrolled tea production is set to rise by 10 million kg to around 80 million kg in total, of which something like a third will be exported to Iran. Tea producers are rubbing their hands in glee at the thought of the prices increasing by around 10%.