Investor Presentaiton
Q3'21
Q4'21
Q1'22
Q2'22
Q3'22
Q4'22
Key Commodities' movement
Tea
215
194
194
191
177
180
212
195
189
188
147
186
177
158
128
115
153
145
149
122
115
117
61
62
68
62
99
100
101
101
104
Q1'23
Q2'23
-N. India Tea (INR/kg)
S. India Tea (INR/kg)
-Kenya Tea ($c/kg)
Arabica Coffee ($c/lbs)
Robusta Coffee ($c/lbs)
246
236
233
234
229
225
224
223 222
Q3'23
• North India tea prices continued to come off sequentially as we
moved to the end of the plucking season.
• South India tea on the other hand, saw an uptick coming in higher
sequentially as well as YoY.
•
Kenyan tea saw a slight increase from the previous quarter but was
flat YoY in $ terms.
Source: North India and South India tea auction (Tea Board of India)
Mombasa tea auction (EATTA) | International Coffee Exchange
• Arabica prices saw a sharp correction during the quarter and were
significantly lower YoY owing to favorable weather in Brazil and
rising global stocks.
• Robusta followed a similar trend, down sequentially as well as a
YOY.
Q3'21
Q4'21
24
Q1'22
Q2'22
Q3'22
Q4'22
86
105 103
Q1'23
Q2'23
94
46
03'23
96
96
88
88
Coffee
177
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