World Tea Prices Ease from 1984 Record Highs

摘要

World tea prices in early 1985 have been declining from the record-high levels of 1984, as supplies move into closer balance with demand. World tea production in 1984 was a record 2.1 million tons, nearly 6% greater than a year earlier. World tea production and consumption are in close balance, following several years of stock drawdowns. U.S. tea imports in 1984 rose 14% to 88,256 tons valued at $202 million.