DOCSLIB.ORG

Tea Market Update

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Tea Market Update Tea Market Update Volume 7 No 3 J u l y — September 2011 EXTERNAL FACTORS IMPACT TEA INDUSTRY The year 2011 commenced with optimism for the tea Kenya still shows a 30 million kilo crop decline but industry after five long years of buoyant tea prices is expected to bridge the gap by end of the year with which was unprecedented in the history. Due to pro- estimated shortfall of 15 million kilos. Sri Lanka is duction shortfalls , particularly in Kenya, Sri Lanka expected to show a decline of around 8 million kilos and India up to end of first half 2011, global tea by end of December. China is forecasted to show a prices were expected growth of at least 100 to hold at generally million kilos. Indonesia strong levels . Even apparently will be 10 the strong domestic million kilos down. consumption in When the global countries such as production figures are China and India fore- computed, it is casted bright tea estimated that the tea prices for producers. volumes for the year However the volatile 2011 would be showing situation in the Mid- a surplus of almost 100 dle East, Gulf and million kilos. India for North Africa, the the first is expected to tsunami and other up reach the one billion -heavels in Japan, the Specialty tea of the year—Moscow kilos mile stone. Simi- economic sanctions larly China is bound to on Iran as well as the depreciation of local currency create the largest ever production figure reaching in many consumer countries reacted adversely to close to 1.5 billion kilos. Therefore a deficit global boost tea prices. The deficit in tea production in production equation it is projected to reach a surplus India was wiped off by the third quarter and is show- situation putting further pressure on tea prices by end Tea Production 2 ing a surplus of 37million kilos as at end September. of the year. Cont. in page 5 …. Tea Marketing 3 General Overview Tea Exports 4 Economy Tea Industry Global Tea Scene 5 According to the General Statistics of Central Bank Escalation of cost of production per kilogram of releases, Sri Lanka’s textile and garments, rubber made tea due to wage hikes and prolonged drought based products, and food and beverages exports made huge blow to plantation companies specially Trade Fair Participa- 6 contributed more to the national GDP with double plantations spread at High and Mid grown region in tion digit growth for the fist eight months of 2011. While third quarter. Regime change turmoil in Middle services sector followed similar pattern of growth East and European debt crisis continued to weigh on for the period. Asian export markets. Following Colombo tea auc- News in Brief 6 Both earnings from exports and expenditure on tion prices behave disgusting for all three regions, imports increased further on a year-on-year basis till despite offering decreased during third quarter. August 2011. This resulted 50 percent imports Research Update 8 increased compare to the last year same period. Tea exports volume growth comes after two quar- Worker remittances of $3.3 billion and International ters of contraction, and indicates an annualized rate Sovereign Bonds of $ 3.1 billion helped the govern- of growth of 1.5%. Exports grew in the third quar- Editor-Sampath Perera ment to cover up the huge balance of trade balance ter, greatly buoying the Agriculture exports share, ($6 billion) for the period. Hence exchange rate which relies in sales to foreign trading reflecting a E-mail remained steady as average of Rs 109.75 for the third return to normality. [email protected] quarter 2011 also. The twelve month moving average of inflation Web-site Continue in page …………….5 www.pureceylontea.com ended at 7.2 percent in September 2011. Tea market update Volume 7. No. 3 P A G E 2 + Tea Production Private, and Plantation Management sectors followed During third quarter 2011, the total crop volume stood at 74.6 Mil- lion Kgs, which was marginally lower by 5.5% compared to 78.9 similar pattern in distribution of tea production based on Million Kgs recorded during same period of 2010.For the period, ownership, production come down compared to last year same period and further drop recorded in government under review only low grown production was recorded a margin- ally higher at 49.3Mkgs. It is depicted in table 1. estate sector as shown in table 2. Table 2 – Distribution of Tea Production (Jan- Table 1 - Tea production during the third quarter Sep) according to the Ownership (MKg) 2011(Million kg). 2011 2010 July - Sep Change % Sector Category Production % Production % Change 2011 2010 Qty % Private 135.9 55.4 136.9 54.9 -0.8 Elevation Plantation Co. 101.2 41.3 102.2 41.3 -1.0 High 14.7 17.0 (2.3) (13.5) Public 8.1 3.3 9.2 3.7 -12.1 Medium 10.6 13.2 (2.6) (19.7) Total 245.2 100.0 248.3 100 -1.3 Low 49.3 48.7 0.6 1.2 Tea manufacturing in Central hills and Western region, Total 74.6 78.9 (4.3) (5.4) the country’s main tea producing districts, have dropped Processing 9 percent in the first nine months, attributed to poor Method weather in third quarter. Following Badulla and Kandy Orthodox 69.2 73.6 (4.4) (6.0) districts recording poor crop in corporate sector is facing CTC 4.8 4.5 0.3 6.7 difficulties. Green Tea 0.6 0.8 (0.2) (25.3) Table 3.- District wise tea production Total 74.6 78.9 (4.3) (5.5) as at Sep 2011 (Mt) CTC is the next leading manufacturing method after Orthodox for ADMIN. DIS- Ceylon tea having producing 4.8 Million Kgs for the quarter, TRICT HIGH MEDIUM LOW TOTAL which recorded a slight increase . Green tea production showed a COLOMBO 0 0 0 0 marginally drop though it improved by 5% in first quarter and by (8%) in the second quarter. HAMBANTOTA 0 0 158,786 158,786 MATALE 0 3,830,678 332,725 4,163,403 Chart 1 - Cumulative tea Production comparison KEGALLE 0 504,046 7,799,693 8,303,739 Jan-September 2011/2010 KALUTARA 0 0 13,349,622 13,349,622 KANDY 546,792 13,840,559 7,359,549 21,746,900 Monthly Total Prod. BADULLA 12,806,017 10,503,134 0 23,309,151 (MKg) Prod. MATARA 0 103,559 31,341,440 31,444,998 246 (MKg) 40 GALLE 0 0 38,092,455 38,092,455 245 35 RATNAPURA 127,542 1,815,629 47,795,001 49,738,171 244 30 NUWARA 46,269,245 7,970,826 610,803 54,850,875 243 25 ELIYA 242 20 Total 59,749,596 38,568,430 146,840,072 245,158,098 241 15 240 10 239 5 Tea Marketing Total Jan Feb Mar Apr May Jun Jul Aug Sep Total - 2010 Total - 2011 2010 2011 The sharp decrease in the Colombo Tea Auction average prices which started from the Tea plantations across the high and mid grown recorded a lower last two sales of second quarter production, while low grown fields experienced a moderate pickup continued particularly hurting in production in first nine months to mark 241Mkgs. Although low plantation companies with low grown sector showed a continues improvement , it did not com- production due to poor weather. pensate for the drops recorded in other two elevations. It is signifi- The figures depicted in table 4 cant to note that, after May production pattern recorded a contin- revealed that quantity marketed ues decline in 2011 and 2010 due to prolonged drought. in third quarter PUBLICATION OF TEA PROMOTION DIVISION — SRI LANKA TEA BOARD Tea market update Volume 7. No. 3 P A G E 3 able 6 –Grade wise quantity sold and price than that in 2010, but the average sales price in all comparison as at September 2011 disposal channels was decrease by Rs 18 per kilogram attributed to Middle East crisis. All three elevations had Grade Qty (Kg) % Avg. Price recorded comparatively low prices following medium FBOPF1/FBOPF 28222077.04 11.25 412.10 grown affected mostly than that in third quarter 2010. FBOP1/FBOP 25131604.38 10.02 414.08 Table 4 –Teas Sold and prices fetched in BOPF 23461903.64 9.35 340.20 third quarter 2011 FOP/OP1/OP 21385921.04 8.53 385.71 OPA 17940072.8 7.15 328.68 2011 2010 FP/PEK 17108632.7 6.82 373.27 Elevation Qty Price (SL Price Qty Price (SL Price PF/FNS/FNS1 15659551 6.24 269.15 (MKg) Rs) (US$) (MKg) Rs) (US$) BOP 15101878.2 6.02 357.30 High 19.5 300.29 2.73 18.9 309.1 2.7 BP/BM 12814768 5.11 268.07 BOP1A 11855613 4.73 268.43 Medium 13.7 298.2 2.71 14.5 319.7 2.8 DUST1 10330560 4.12 328.57 PEK1 9343339.26 3.73 411.31 Low 51.1 373.67 3.40 51.2 393.9 3.5 PF1 8553965 3.41 359.69 BOP1 6681371.6 2.66 Total 84.3 344.45 3.13 84.6 362.2 3.2 445.36 OTHERS 27220154.03 10.86 385.70 Total sales 250,811,411.69 100 362.27 Table 5– Weekly Auction sales comparison during the quarter (Rs/Kg) Based on particle size and liquor quality tea grades fetched varied price level at the Colombo Auction in its way to High Medium Low Average Month Auc.
Load more

Recommended publications
  • Tea and Tea Blending, Tea
    \-v\u. TEA AND TEA BLENDING, TEA AND TEA BLENDING, A MEMBER OF THE FIRM OF LEWIS & CO. CRUTCHED FRIARS, LONDON. FOURTH EDITION. LONDON : EDEN FISHER & Co., 50, LOMBARD ST., & 96-97, FENCHURCH ST., E.G. 1894. CONTENTS. PAGE INTRODUCTION .. .. .. vi TEA IN ENGLAND .. .. .. .. i HISTORY OF THE TEA TRADE .. .. .-33 THE TEA DUTY . 49 HINTS ON TEA MAKING .. .. .. 52 TEA STATISTICS .. .. .. .. 57 Imports of Tea into England 1610-1841 . 57 Tea Statistics for the Fifty Years 1842-1891 . .. 60 CHINA TEA . 67 Cultivation and Manufacture . 67 Monings . 75 Kaisows . 79 ' New Makes .. .. .. .. ..83 Oolongs and Scented Teas . 86 Green Teas . 90 INDIAN TEA .. .. .. .. .. 95 Tea in India . 95 Cultivation and Manufacture . 99 Indian Tea Districts .. .. .. ..no CEYLON TEA .. .. .. .. .. 120 JAPAN AND JAVA TEAS, ETC. .. .. ..126 TEA BLENDING .. .. .. .. .. 131 SPECIMEN BLENDS .. .. .. 143 SUMMARY AND CONCLUDING HINTS.. .. 149 INTRODUCTION. THE present volume is intended to give all those engaged in the Tea Trade, who wish to take an intelligent interest in it, a sketch of its growth and development in this country and a comprehensive review of its present and to a mass scope position ; bring together of hitherto inaccessible facts and details of practical importance to the Trade, and to give such instructions, hints and advice, on the subject of blending, as shall enable every reader to attain with facility a degree of proficiency in the art which previously could only be arrived at by a course of long and often costly experience. No pains have been spared in the collection of materials, the best authorities having been consulted with regard to all matters on which the author cannot speak from personal experience, and all information is brought down to the latest moment.
    [Show full text]
  • Tea Market Update
    Tea Market Update Volume 14 No 4 O c t o b e r — December 2018 PERFORMANCE OF TEA INDUSTRY IN 2018 AND PROSPECTS FOR 2019 Year 2018 began with a lot of optimism in importer countries also depreciating against the backdrop of an excellent year (2017) that the US Dollar. was witnessed in terms of tea prices. The Sri Lankan tea production in 2019, conse- first quarter commenced on a high, with the quent to the Government’s decision to lift the quarterly auction average being recorded as ban on the use of Glyphosate (weedicide) is the highest ever. However, as the year pro- likely to give much relief to the producers gressed, the Sri Lankan tea industry had to and in particular, to the large-scale planta- face numerous obstacles. tions which would be able to carry-out the Consequent to banning of Glyphosate by the required agricultural practices to achieve the Government of Sri Lanka, tea growers and full potential of the plantations. Further the large plantations, in particular, were forced Government’s decision to allow a more liber- to use alternative products for the control of al policy on fertilizer should contribute favor- weed growth, resulting in MCPA levels ably. Needless to say, subject to extreme higher than permitted for exports to Japan. weather conditions not being a reality. How- In and around May, US sanctions on Iran ever, ageing tea bushes and low productivity were imposed which had a cascading impact levels would be a downside. on Auction prices in Colombo, particularly Demand growth in China and India, consider- for the Low Grown (Tippy) teas.
    [Show full text]
  • Tea, Its History and Mystery
    L51J5L5L5L5L5LblJb li Lb UTLb University of California Berkeley JOSEPH M. BRANSTEN COFFEE & TEA COLLECTION Acquired in memory of JOSEPH M. BRANSTEN TEA -ITS- HISTORY AND MYSTERY -BY- JOSEPH M. WALSH, AUTHOR OF 'COFFEE. ITS HISTORY, CLASSIFICATION AND DESCRIPTION." PHILADELPHIA: HENRY T. COATES & CO. COPYRIGHTED, 1892, BY JOSEPH M. WALSH. All Rights Reserved. PREFATORY. Utility, not originality, has been aimed at in the compilation of this work. The obstacles and difficulties its author had met with in his endeavors to learn something of the article he was commissioned to sell when he first entered the Tea trade, the almost total lack of knowledge displayed by the average dealer in the commodity, allied to the numerous inquiries for a work con- " taining all about tea," first prompted the undertaking. The material was collated at intervals, in a fragmentary manner, covering a period of over twenty years, and arranged amid the many interruptions incident to an active business life, subjected to constant revisions, repeated prunings and innumerable corrections, due mainly to the varying statements and conflicting opinions of admitted authorities in every branch of the subject. Still, as careful and judicious an arrangement of the data has been given as possible, a faithful effort being made to omit nothing that may prove useful, instructive or profitable to the expert, the dealer or general reader. Aware that many facts have been omitted, and many errors committed in its preparation, he still trusts that the pains he has taken to avoid both have not been in vain, that the former may be few, and the latter of no great importance.
    [Show full text]
  • Annual Report of the Sri Lanka Tea Board for the Year 2012
    SRI LANKA TEA BOARD ANNUAL REPORT 2012 Postal Address: Sri Lanka Tea Board 574, Galle Road, Colombo 03, Sri Lanka. Cables: Tea Board, Colombo Tel: +94-11-2587814 +94-11-2582121 +94-11-2583687 Fax: +94 112587341 +94 112589132 E-Mail: [email protected] Web: www.pureceylontea.com Published in February 2014 Black Tea Black tea is a type of tea that is more oxidized to gain the optimum quality and colur. Black Tea is made from leaves of the bush Camellia sinensis . Black tea is generally stronger in flavor. Green Tea Green tea is made from the leaves from Camellia sinensis that has not under gone oxidation during processing. Green tea originated in China, but it has become associated with many cultures throughout Asia. CONTENTS Vision and Mission 06 Members of the Sri Lanka Tea Board 09 Members of the Audit Committee 10 Members of the Promotion and Marketing Committee 11 Senior Management Staff 12 Message from the Chairperson 13 Basic Comparative Indicators 15 Corporate Background 19 Industry Profile 25 Activities Undertaken by the Board 67 Tea Commissioner’s Division 67 Tea Exports Division 77 Tea Promotion Division 83 Tea Tasting Unit 95 Analytical Laboratory 101 Administrative Division 107 Internal Audit and Information Technology Divisions 110 Financial Review 113 Offices of the Sri Lanka Tea Board 135 www.pureceylontea.com 06 VISION To position CEYLON TEA as the “MOST ASPIRED BEVERAGE” in the global market. SRI LANKA TEA BOARD Annual Report 2012 07 www.pureceylontea.com MISSION To increase the foreign exchange earnings to the country through SUSTAINABLE DEVELOPMENT OF THE INDUSTRY and thereby ensuring the economic development of the plantation community SRI LANKA TEA BOARD Annual Report 2012 09 www.pureceylontea.com Members of the Sri Lanka Tea Board Chairperson Ms.
    [Show full text]
  • “ the Tropical Agriculturist. ”
    INTRODUCTION. but at the end of every half-year a thoroughly useful and complete Index will be appended, so as We have already announced that our “ H a n d ­ to make the information under each topic, or b o o k o f I n f o r m a t i o n f o r C e y l o n ” published this respecting each product, readily available. year is the last bulky volume of the kind that will The publication will be made as soon after be issued from our press. the first of each month as possible. Our present In future, we trust to present annually a compact preliminary issue, which we distribute gratis to D i r e c t o r y volume with every-day information the number of 2,000 copies, cannot be taken as which is needful to the planter, merchant, civil serv­ a fair specimen of what will follow either in ant, &c. This will necessitate the exclusion of respect of contents or punctuality; indeed the papers bearing on planting subjects such as have second issue is, at this date, almost ready for publi­ occupied a prominent place in successive Hand­ cation. It will be our endeavour to find a place books during the last twenty years. The difficulty in these pages for everything bearing on the has always been to find space for the information practical work of a tropical planter, our space which we would fain publish for the benefit being no more restricted than our will to serve of our readers.
    [Show full text]
  • CTRM for Ags and Softs
    REASEARCH AND REPORT CTRM for Agricultural and Soft Commodities Commodity Technology Advisory LLC Houston and Prague CTRM for Ags & Softs © Commodity Technology Advisory LLC, 2016, All Right Reserved 1 CTRM for Ags & Softs Contents Introduction and Scope of Research ....................................................................................................................................... 5 Definitions and Scope ............................................................................................................................................................. 6 Commodity Trading and Risk Management ........................................................................................................................ 7 Commodity Management ................................................................................................................................................... 8 Solutions Matrix .................................................................................................................................................................... 10 CTRM Market Growth and Outlook in Ags & softs ............................................................................................................... 10 CTRM Versus CM ................................................................................................................................................................... 11 It Is All About the Commodity ..............................................................................................................................................
    [Show full text]
  • Download Complete Document (Pdf )
    ISSN 1020-3435 ISSN Annon-woodnon-wood information bulletin on Non-Wood Forest Products JULY 2009 19 EDITORIAL The editorial for this issue of Non-Wood News has been written by Sophie Grouwels, Forestry Officer in charge of the small-scale forest enterprise development programme. The Millennium Development Goals commit most countries to reducing global poverty in half by 2015. Perhaps nowhere are the stakes higher for meeting this goal than in forest-dependent communities in tropical countries, where CONTENTS poverty tends to be more pervasive and deeper than in urban and more-favoured rural areas. According to the World Bank, approximately 90 percent of the 3 Guest Article poorest people rely on forests for subsistence and income. The development % • Communicating research for of small and medium forest enterprises (SMFEs) represents an opportunity for impact and accountability strengthening the livelihoods of these people and conserving the natural resource base through sustainable forest management and processing of 6 Special Features timber and non-wood forest products (NWFPs). Local benefits from SMFE % Marketing of traditional NWFPs development may include wages and employment, profit-sharing, capital • Are insects valuable? Synopsis of accumulation, cultural and political empowerment, investment in public goods, mopane worms and increased conservation of forest ecosystems through long-term sustainable • Bark cloth makes comeback on management. international fashion scene • Chambira palm: baskets bring a Several new market trends favour the development of SMFEs, including new way of life to Peruvians increased tourism, providing expanding markets for handicrafts and ecotourism; • Ecoenterprises and Terminalia specialized export markets, e.g. fair trade NWFPs and bio-ingredients; and ferdinandiana: “best laid plans” and growing specialized domestic and regional markets for NWFPs such as bamboo, Australian policy lessons rattan and palm hearts.
    [Show full text]
  • Disease and the Practices of Settlement in a Plantation Economy
    Disease and the Practices of Settlement in a Plantation Economy: Medicine and Healthcare in Darjeeling and Duars, 1860-1947 Nandini Saradindu Bhattacharya University College London Dissertation submitted to University of London for the Degree of Doctor of Philosophy 2007 1 UMI Number: U5926B6 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Dissertation Publishing UMI U592636 Published by ProQuest LLC 2013. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 I, Nandini Saradindu Bhattacharya, confirm that the work presented in this thesis my own. Where information has been derived from other sources, I confirm that this has been indicated in the thesis. Abstract This dissertation explores the various contexts of curative and preventive health in a particular economic zone, the tea estates of northern Bengal (Darjeeling, Duars, and the Terai) in the colonial period. The sanatorium of Darjeeling was established in the mid-nineteenth century as a European retreat from the dusty and clamorous plains of Bengal. The white/European settlement in Darjeeling encouraged tea plantations in the surrounding lands, by clearing the forests and transplanting them with tea plants and encouraging immigrant labour, demarcating enclosures, thereby rapidly creating a distinct site of economic activity in the region.
    [Show full text]
  • Staying Alive: Women, Ecology and Survival in India Was First Published in 1988
    STAYING ALIVE Women, Ecology and Survival in India Vandana Shiva kali for women i Staying Alive: Women, Ecology and Survival in India was first published in 1988 in India by KALI FOR WOMEN N 84 Panchshila Park New Delhi 110 017 in the U.K. by Zed Books Ltd. 57, Caledonian Road London Nl 9BU ©Vandana Shiva, 1988 All rights reserved Cover design: Chandralekha ISBN 81-85107-07-6 Phototypeset by Wordtronic, 111/56, Nehru Place, New Delhi, and printed at Indraprastha Press, (CBT), Bahadur Shah Zafar Marg, New Delhi 110 002 ii Contents FOREWORD ix INTRODUCTION xiv Ch.1 DEVELOPMENT, ECOLOGY AND WOMEN 1 Development as a new project of western patriarchy- Maldevelopment as the death of the feminine principle -Two kinds of growth, two kinds of productivity - Two kinds of poverty Ch. 2 SCIENCE, NATURE AND GENDER 14 Modern science as patriarchy's project - The violence of reductionism - Profits, reductionism and violence - Two kinds of facts - Two kinds of rationality – Modern science and ecological crises - The natural-unnatural divide Ch. 3 WOMEN IN NATURE 38 Nature as the feminine principle - Nature and women as producers of life – Gender ideology vs. the recovery of the feminine principle Ch. 4 WOMEN IN THE FOREST 55 Aranyani: the forest as the feminine principle -Colonialism and the evolution of masculinist forestry - The women of `Chipko - Afforestation projects and reductionism -`Social' forestry and the ,miracle' tree - The approaching tragedy of the commons - The colonial heritage: commons as 'wasteland' - Saving the soil, protecting the commons -Breeding 'super-trees' - Recovering diversity, recovering the commons iii Ch.
    [Show full text]
  • Feasibility Study on Options to Step up EU Action Against Deforestation
    Feasibility study on options to step up EU action against deforestation PART I: Background analysis: scale and trends of global deforestation and assessment of EU contribution and PART II: A potential EU initiative on deforestation: Possible interventions FINAL REPORT Written by COWI A/S January – 2018 Feasibility study on options to step up EU action against de- forestation PART I BACKGROUND ANALYSIS AND SETTING THE SCENE: SCALE AND TRENDS OF GLOBAL DEFORESTATION AND ASSESSMENT OF EU CONTRIBUTION FINAL REPORT Feasibility study on options to step up EU action against deforestation EUROPE DIRECT is a service to help you find answers to your questions about the European Union Freephone number (*): 00 800 6 7 8 9 10 11 (*) The information given is free, as are most calls (though some operators, phone boxes or hotels may charge you) LEGAL NOTICE The information and views set out in this study are those of the author(s) and do not necessarily reflect the official opinion of the Commission. The Commission does not guarantee the accuracy of the data included in this study. Neither the Commission nor any person acting on the Commission's behalf may be held respon- sible for the use which may be made of the information contained therein. More information on the European Union is available on the Internet (http://www.europa.eu). Luxembourg: Publications Office of the European Union, 2018 PDF ISBN 978-92-79-80227-0 doi:10.2779/97793 KH-04-18-199-EN-N © European Union, 2018 Feasibility study on options to step up EU action against deforestation – PART I ABSTRACT This study explores the feasibility of options to step up EU action against deforesta- tion.
    [Show full text]
  • Tea Market Update
    Tea Market Update Volume 14 No 3 J u l y — September 2018 Government may Intervene in Estate Worker Wage Hike The Government is likely to intervene in the Inclusive increase up to Rs. 940. discussion between the estate workers unions and the Regional Plantation Companies The RPCs had offered two proposals, (RPCs) on a new collective agreement for a i.e. an increase up to Rs. 940 and an- wage hike. The best the RPCs could afford is other proposal to pay from the first kilo an all-inclusive Rs. 940 for its workers, but onwards after the norm Rs. 46 up to 22 Kg that would ensure they obtain Rs. the unions representing the labour workforce have asked the Government to intervene. 1000. However, both these proposals were rejected. Hayleys Plantations had offered the unions a wage hike of Rs. 940 all inclusive with a CWC spokesman state that based on past experience, workers were certain basic wage increase of 20 percent. However they would not be able to earn this Rs. the unions were not interested in discussing 1,000 as they would not be able to meet and had simply walked off saying it was not the requirements for attendance and sufficient. productivity incentives. CWC spokesman informed that during the The collective agreement period has meeting with the RPCs, the CWC leader had lapsed and workers have been cam- called the Prime Minister and requested for paigning on the estates for a Rs. 1,000 an intervention in the wage hike discussions wage hike, insisting that the high cost of living was taking a toll on them.
    [Show full text]
  • Five Year Plan Bangladesh Tea Research Institute FY2017-2021
    Five Year Plan Bangladesh Tea Research Institute FY2017-2021 Bangladesh Tea Research Institute (An organ of Bangladesh Tea Board) Srimangal, Moulvibazar Ministry of Commerce Government of the People’s Republic of Bangladesh Five Year Plan Bangladesh Tea Research Institute Advancing Bangladesh Tea Contents Page Contents i List of Tables iii List of Appendices iii List of Acronyms iv Summary vi Chapter 1. INTRODUCTION 1 Chapter 2. BANGLADESH TEA RESEARCH INSTITUTE AT A GLANCE 2 2. 1. Background: Past and Present Scenario 2 2.2. Mandate 3 2. 3. Vision 4 2. 4. Missions 4 2.5. Objectives 4 2.6. Major Activities 5 2.7. Achievements 6 2.8. Strengths 8 Chapter 3. BTRI AND BANGLADESH TEA BOARD 9 3.1. BTB: Background and Functions 9 Chapter 4. A BRIEF NOTE ON BANGLADESH TEA INDUSTRY 11 4.1. History 11 4.2. Review of Past Strategic Plan for Tea Industry 11 4.3. BTRI: Past Policies and Contribution to Tea Industry 12 4.4. Tea Production and Contribution to National Economy 14 4.5. Vision-2021 and Road Map: Bangladesh Tea Industry 14 Chapter 5. BTRI: PROSPECTS, CURRENT AND FUTURE CHALLENGES 16 5.1. Prospects 16 5.2. Current and Future Challenges 16 5.2.1. Addressing Climate Change Impacts 17 Chapter 6. RESEARCH & DEVELOPMENT GOAL & TARGETS OF BTRI IN THE FYP 18 6.1. Strategic Goal 18 6.2 Objectives 18 6.3. Targets 18 6.3.1. Research 18 6.3.2. Development 19 6.4. SWOT Analysis 19 i Chapter 7. STRATEGIC PLAN FOR RESEARCH TO IMPLEMENT FYP 21 7.1.
    [Show full text]