Assam tea at Rs 75,000/kg: How is it valued, how is it sold? | Explained News, The Indian Express

Assam tea at Rs 75,000/kg: How is it valued, how is it sold? | Explained News, The Indian Express

Edited by Explained Desk |Guwahati |Updated: August 15, 2019 10:27:44 am

Assam tea at Rs 75,000/kg: How is it valued, how is it sold?

Assam accounts for nearly 55% of India’s tea production.

Assam tea has, in fact, been repeatedly setting price records at auctions. (Source: File)

On Tuesday, a kilogram of a speciality Assam tea called “Golden Butterfly” was sold for Rs 75,000 at the Guwahati Tea Auction Centre (GTAC) — a new record.