UN warns droughts may drive up tea prices
02 July 1997
UN warns droughts may drive up tea prices
A United Nations (UN) food agency has warned that droughts in
tea-producing countries will mean higher prices.
The Food and Agricultural Organisation in Rome said dry weather in
Sri Lanka and many African countries has caused a 37% drop in production
in the first quarter of this year. If demand remains constant, prices
will inevitably rise.
Britain imports 150,000 tons of tea a year. Almost four out of five
people in Britain drink it. Coffee prices have also risen this year
because of poor weather conditions in Brazil.
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