Despite 70% surge in domestic prices, Indian tea exports feel pandemic heat
Sep 24,2020Even as tea prices in the domestic market have gone up by an average of more than 70% over last year’s prices, the export market has been hit with price realisation down by an average 31% over last year’s realisation. There has been a low price syndrome overseas in the wake of Covid -19 with the markets choosing for cheaper variants.
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Indian steelmakers turn net exporters to China in April-Aug: Crisil
Sep 24,2020Indian steelmakers have turned net exporters to China during April-August for the first time in several years, owing to weak domestic demand due to COVID-19 pandemic, according to Crisil Research.
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