Teh, Kolkata

Kolkata Tea (Tea, Kolkata) Economic Index Explanation

The Kolkata tea index measures the international price of tea traded in Kolkata, a major city in West Bengal, India, in US dollars per kilogram. This index reflects the selling prices at the Kolkata tea market, one of the world's largest tea trading markets, and serves as an important benchmark indicating the value of Indian tea products such as high-quality Assam tea and Darjeeling tea.

There are multiple reasons why this index is highly valued. First, India is the world's largest tea producer, and Kolkata is its distribution center, so this price has a significant impact on the global tea market. Second, tea is one of India's major export items and is directly linked to the nation's foreign currency earnings, making it highly significant as an economic indicator. Third, it directly impacts the income of farmers and plantation workers, serving as an indicator of regional economic trends.

As a general tendency, Kolkata tea prices are easily affected by weather conditions, particularly monsoon influences, and fluctuate with changes in harvest volumes. Additionally, international demand trends, exchange rates, competition with other agricultural products, and the decline in agricultural labor due to generational change also affect prices. In recent years, abnormal weather caused by climate change has drawn attention as a price fluctuation factor, and ensuring sustainable tea leaf production has become a challenge.