The tea buyers’ association in Guwahati, one of the world’s busiest auction centres for the beverage, have found a glimmer of hope amid the gloom that gripped the industry after the war broke out in West Asia.
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Iran and other West Asian countries are among the largest consumers of Assam orthodox tea, and more than 40% of consignments are shipped through the Strait of Hormuz. The closure of this strait by Iran is expected to hit tea traders and planters hard.
However, the Guwahati Tea Auction Buyers’ Association has something to cheer about — sales of instant tea, specifically tea bags, have increased since the government issued an LPG supply alert due to the war.
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