in 2009/10 which was about 20 percent of the auction market. Post Auction Reports. 03, 12:00 AM. Kolkata, Mar 20 (PTI) The city tea auction under the aegis of Calcutta Tea Traders Association (CTTA) will be under the new Bharat model to be held online on March 22, an official associated with. Tea Board; Calcutta Tea Traders Association (CTTA) Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. About. 07 per kilo from January to August. Currently there are 83 operational tea. Latest data sourced from Tea Board India shows that the average price of tea at auctions in east India rose 9. m to 2 p. Sale 45/2023 Market Synopsis Uploaded. 07. Tea Board; Calcutta Tea Traders Association (CTTA) Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. No Entry fee!As their bond grows deeper, a beautiful relationship unfolds embodying the true spirit of family and loyalty, while inspiring the hearts of an entire town. Fiftytwo auctions are held in a year. Pro Investing by Aditya Birla Sun Life Mutual Fund. TEA CO. The Guwahati Tea Auction Centre (GTAC), located adjacent to the capital complex at Dispur, is the world's largest CTC tea auction center and the second largest in terms of total tea auctioned. Notices/Circulars. 32 - 2021. Targett. 1976. The pilot project will be conducted on March one so that all the features get tested by the stakeholders, following which the Bharat Auction model will be. North Bengal Tea producing areas include district of Darjeeling, Jalpaiguri, Cooch Behar, Kishanganj and North Dinajpur. The resort is made in a colonial style, with vintage exquisite furnishings and tasteful, vintage decor. Auction Catalog. Siliguri Jalpaiguri mjunction Cochin Coonoor Coimbatore Tea Serve; 31/12/2022: 187. Auction Organizer. Buyers District. comAbout us. Tea industry of India has been witnessing poor price realization coupled with increasing production and labour costs. [email protected]. “Although the benchmark. Figures obtained from the Siliguri Tea Auction Centre (STAC) suggest that this year’s tea is selling at an average price of Rs 91. held on 26 th july at siliguri tea auction centreAbout Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright. ) 39. 80) 172. In Tea Broking For 46 Years Site Links. STAC Building, Mallaguri,. Tea Trade Centre, 7/65, Mettupalayam Road, G N Mills P. In mid-August, the Consultative Committee of Plantation Associations (CCPA), the apex body of tea associations in. . 80 rupees a kg during Apr-Oct. Add New. The decision has drawn criticism from a large number of buyers and sellers. Ltd holds the distinction of being India’s first indigenous tea broking firm, a tag we labour to be worthy of. North Bengal has about 450 tea gardens spread out in the Darjeeling hills, Terai and Dooars region that are registered as sellers in the Siliguri Tea Auction Centre. 5 to be held at 2. co. Tea Kolkata Siliguri Blogs, Comments and Archive News on Economictimes. 7: Electronic bidding at Siliguri Tea Auction Centre was stalled today following the decision of the Sales Advisory Committee (SAC), a sub-committee of Siliguri Tea Auction Committee (STAC), not to allow brokers to participate in it. Trustee No. on 2023-11-11. in. But in 2023, the average price in the corresponding eight months had reduced to Rs 189. North Bengal has about 450 tea gardens spread out in the Darjeeling Hills, Terai, and Dooars regions that are registered as sellers in the Siliguri Tea Auction Centre. Tea imports in India have a 100% duty at present; while it is nil for re-exports. Auction Market Report. 85. Login. The inaugural sale took place on 25 September 1970 and the first lot of tea was auctioned at the price of ₹ 42. Download Auction Catalog in E-Auction Format :: ** This Data is. Coonoor was the first place in the world to switch over to the E. Periodicals Literature. Following buyers? protests, auction for sale number eight had to be stalled, throwing the. Darjeeling Hills, Terai & Dooars regions that are registered as sellers in the Siliguri Tea Auction Centre. The most famous auctions • • • • London Tea Auction Guwahati Tea Auction Centre The Chittagong Tea Auction Siliguri Tea Auction Centre The three. co. Savin Plaza - Address: Hill Cart Rd, Dagapur, Matigara, Siliguri, West Bengal 734003 Catch the latest Bollywood or Hollywood films at this multiplex cinema, which has comfortable seating and state-of-the-art sound systems. 5 lakh permanent workers. [email protected] Siliguri Tea Auction Centre is an important part of the industry in North Bengal, and the tea gardens of the city produce fine quality tea. For any auction centre there will be a set of data like in Siliguri Tea Auction centre roughly over 350 Seller Members, 400 Buyer Members, 9 Broker Members and a total area of 5,38,000 square. O. The Sold quantity and average price of teas sold through this Auction Centre from 1976 to 2013 are given below: Year. Close. Siliguri, Sept. Out of over 1200 million kg national annual production, around 550 mkg made tea is sold through around 50 auctions in each of 7 centers. Introduction. 1970. Guwahati Tea Auction Committee. the world’s first electronic tea auction centre began operation. Tea Auction; Opening Market Report; Market Graph. Siliguri Tea Auction Center May 2003 - Present 20 years 7 months. Siliguri Tea Auction Committee (STAC), P. The much-awaited portal of the Jorhat tea auction centre began operating from Wednesday. Centre. ?Tea traders will not conduct any business from tomorrow. The four-member team, led by Vikram Kapur, the executive director of the board, will head for the Siliguri auction centre on Saturday to demonstrate how the online service works. In the last auction held on July 28, the CTC tea brought from the Dooars and the Terai was sold for. Siliguri Tea Auction Committee is a Licensed Organizer of Tea Board to organize public Tea Auction sales at Siliguri. Siliguri Tea Market Report - Sale - 35 / 2021. Public tea auctions handle more than 500 million kilograms annually. In Tea Broking For 46 Years Site Links. Tea Time; Contact Us; Important Links. Saria, the chairman of Siliguri Tea Auction Centre (Stac). Messages. 10: In a new twist to the Siliguri Tea Auction Committee (STAC) chairmanship issue, Ravi Agarwal, the person in the eye of the storm, dissolved. Every week, around 75,000 packets, each containing 30 kg of tea, are transported from the Siliguri Tea Auction Centre to places all over India, including Calcutta and Delhi. 0 million kilograms of tea. Tea Board; Calcutta Tea Traders Association (CTTA) Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. Page 16. 25, 80 SUKANTA SARANIK, P. The ministry said in the letter that the Tea Board had informed “that Jalpaiguri physical tea auction centre lacks certain. Top Stories; Live TV;. info@contemporary. In 2019, the total earnings from tea export was over Rs 5,700 crore, which came down to around Rs 5,200. [Siliguri Tea Auction. 11. This is in contrast to the existing arrangement with NSEIT of the National Stock Exchange, which acts only as the platform provider and, therefore, the participation of all the three sections -- buyers, brokers (auctioneers) and sellers, who represent a tea trade outfit, for example, the Calcutta Tea Traders Association (CTTA) or Siliguri Tea. Siliguri Tea Auction Committee is an association of Tea Producers, Brokers and Buyers and the centre has an annual turnover $400 million. The Siliguri Tea Auction Centre was established in 1976 with an adequate number of seller members, buyer members, brokers and a registered warehouse area. Chairman of the Tea Board N. Under the current WPI. The Siliguri Tea Warehousing Association agreed to suspend its agitation for the time being. Fifty. Posted on: Thursday, 9th September 2021. Tickets are $20 per person. How is tea, including this variety, auctioned?. S. K. REPRESENTATIVE IMAGE. Quantity Of Tea Sold Leaf 460491. Batting Order Market Update Top 10 Prices Top 10 Buyers District Average Sale Order Sale Programme Closing Details Tea News & Press Clippings BETA Auction PricesJalpaiguri, Jan. Don Bosco Boscom South Asia · December 7, 2019 · December 7, 2019 ·Industry stakeholders welcome Tea Board's decision to sell 50 pc of total production via public auctions. Handicrafts [ edit ] 26. P. 79. 91(160. The arrest of a tea trader today in connection with the multi-crore tax evasion scam — that was detected in March this year — has shaken the industry. Year. The price was also competitive in comparison to Siliguri. The reason, however, did not go down well with the officials of the Siliguri Tea Auction Centre. Kolkata, Guwahati, Siliguri, Cochin, Coonoor, Coimbatore, Tea Serve & Jorhat on 20 The auction shall start from 8 am onwards across all auction centres. Monthly Average Auction Prices; Regulatory Activities. in. 50 which, during those days, was a. While HUL's procurement prices at auctions rose 7. in. The Siliguri Tea Auction Centre : Nagrakata (Jalpaiguri), Feb. Seller Member Siliguri Tea Auction Center 2003 - 2011 8 years. annual general meeting of siliguri tea auction committee. We will neither buy tea from the Siliguri auction centre nor sell the existing stock in the. চা নিলামে ‘ভারত’ ব্যবস্থার বদলে ‘ইংলিশ’ পদ্ধতি ফেরানোর আর্জিSome BLF owners said that in the Siliguri tea auction centre, the weekly average price of a kilo of tea from the tea estates that was auctioned at the end of October this year was Rs 184. The Bharat Auction model for tea, which is already functional in south India, will be introduced in north India in March, an industry official said on Saturday. Look through examples of Siliguri translation in sentences, listen to pronunciation and learn grammar. co. Getting there. Download and Install Seller application setup (64 bit) *New For AWS. WEEKLY AVERAGE PRICES OF CTC LEAF AND ALL DUST SOLD AT INDIAN AUCTION DURING - 2021. Siliguri Tea Auction Commitee: Mallaguri, P. Today we sell more than 20 blends of black tea and best quality herbal green tea across India and all over the world. Namely Siliguri, Jalpaiguri, Guwahati, Kolkata, Cochin, Coimbatore and Coonoor. The youngestKhalpara, Siliguri, Darjiling, West Bengal | GST 19AKAPG7204L1Z6 Get Call Back. The youngest tea gardens are Chinchula Tea Estate, Raimatang Tea Estate and Kalchini Tea Estate all of which are 72 years old. The question was how can the Contemporary group show its social concerns?. Siliguri, Sept. SHAH TEA TRADING MILANPALLY, 237 252 257 199 1 A, WARD NO. Show more. Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. Ft. Producers are fretting about the decline in prices that could be accelerated due to the disruption in auction sales. SILIGURI-734005, DT. Website: Siliguri Tea Auction Committee: Siliguri (West Bengal) Tea Auction Road, Ward 46, Champasari, Siliguri, West Bengal 734003The tea industry of Siliguri caters to all parts of the business from tea production, manufacture and supplying tea. Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. Siliguri, Nov. Many STAC members are also unwilling to buy the government claim that the software would become fully operational in Siliguri by January 31. The Siliguri and the Guwahati branches followed in 1978 and 1984. Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. The state currently has two centres — in Calcutta and Siliguri. “The average auction prices of Dooars and Terai Estates in Siliguri (Tea Auction Centre) from January to June this year are Rs 134. 3% at 179 rupees a kg. 20 5. com. 6: High-priced CTC tea is selling more at Siliguri Tea Auction Centre, pointing to an overall improvement in the quality of production and boosting the chances of a turnaround for the recession-hit industry. North Bengal Tea producing areas include district of Darjeeling, Jalpaiguri, Cooch Behar, Kishanganj and North Dinajpur. in +91 33 22307241 / 42. co. 58; Quantity Of Tea Sold Dust 46651. K. There are 22 warehouses, which stock tea to be sold at Siliguri Tea Auction Centre. Currently, over 13 thousand tonne of tea is stocked in the warehouses and it will not move from there if the owners go. annual general meeting of siliguri tea auction committee. প্রেক্ষাপটে অনুবাদ "are registered" মধ্যে ইংরেজি-বাংলা। এখানে অনূদিত. Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. Tea Auction; Opening Market Report; Market Graph. info@contemporary. Submit. He also said due to the ongoing Covid-19 situation, they could only buy 131 million tea from Siliguri Auction Centre last year. First she was taken to the Madarihat health centre from where she was shifted to the Jalpaiguri hospital. But if the Tea Board's directive works properly it will break the. 80 All. Basu, the secretary of. Sept. At a joint meeting with the deputy labour commissioner yesterday, all the parties settled scores and fixed the new Khamali rate at. 160. Mayfair Tea Resort allows visitors to enjoy the gardens in the lap of luxury. For instance, the average prices of teas in Assam’s Guwahati tea auction centre have fallen by 18 per cent between April to July this year as compared to the same period last year. 63, compared to 2019 when it was Rs 227. comSiliguri, Jan. The tea board’s data validated the claim of the planters. Live e-auction (parallel with physical auctions) started on April 8, 2009. The Jalpaiguri centre will cater mainly to the tea grown in Dooars and Terai. Regional Office and Tea Auctions Nilhat House 11 R N Mukherjee Road Post Box 69 West Bengal, Kolkata 700 001 India Contact Person: Sabyasachi Choudhury. Kolkata Guwahati Siliguri Jalpaiguri mjunction Cochin Coonoor Coimbatore Tea Serve; 25/12/2021: 195. Other commodities are largely unaffected, though in some places the retailers are making merry by creating an artificial shortage in supply. Location. co. 79. X. Jalpaiguri. Primary / Secondary . Bid War By Siliguri Tea Auction Centre. 76 in the first week of June. Over a conversation between the legendary tea planter Mr Rajah Banerjee of Rimpaocha Tea Siliguri and Campus Minister at Salesian College Sonada Fr. Top Stories;Call To Urgently Set Up Tea Auction Unit At JalpaiguriSiliguri Assam Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. co. North Bengal Tea Auction Centre is the third in the state, after Calcutta and Siliguri, and seventh in the country. Total Sold Quantity and Average Prices of Tea Through Siliguri Auction. 25: Frantic end-of-season sales have taken tea prices to a new high in north Bengal, making this year the best since the industry went into recession about six years ago. Siliguri Auction Centre Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. After this, it is the tea board authorities who would issue a license to this committee for holding tea auctions in Jalpaiguri. Details Date View; 1. info@contemporary. Gardenwise Sale Average January-2023 to February-2023_Sale-01 to Sale-07: 27-February-2023: 2. K. K. ?Yesterday, we met urban development and municipal affairs minister Asok Bhattacharya and the civil and police administrative heads of the. Das and state urban development and municipal affairs minister Asok Bhattacharya will inaugurate the new system. North Bengal has about 450 tea gardens spread out in the Darjeeling Hills, Terai, and. B. Select. The much-awaited portal of the Jorhat tea auction centre began operating from Wednesday. Siliguri, Oct. He also said due to the ongoing Covid-19 situation, they could only buy 131 million tea from Siliguri Auction Centre last year. Siliguri Tea Auction Center. Tea Auction; Opening Market Report; Market Graph. Tea Auction; Opening Market Report; Market Graph. Introduction. And almost all the the tea gardens are in three districts as a result these three districts are very developed both rural and urban. What should you bring home? Tea, tea, and more tea—and beautiful local handicrafts. info@contemporary. 12,60,333/- whereas a sum of Rs. M. North Bengal has about 450 tea gardens spread out in the Darjeeling hills, Terai and Dooars region that are registered as sellers in the Siliguri Tea Auction Centre. We commenced business in 1976 with the setting up of tea auctioning at Kolkata. Sale 46/2023 Market Synopsis Uploaded. Introduction. Siliguri Tea Auction Center. About. History Siliguri Tea Auction Centre. 6: Barely four months after the much-hyped launch of electronic bidding at Siliguri Tea Auction Centre, the e-system is in jeopardy. Welcome to Siliguri Tea Auction CentreSiliguri, April 19: An altercation snowballing into a clash between shop-owners and lawyers shut down Jalpaiguri town for most part of the day today. The Siliguri Tea Auction Committee (STAC) along with the buyers of North Bengal region welcomed the Tea Board of India's directive to manufacturers to ensure the mandatory sale of 50 per cent of the total tea produced through public auctions. Subba, secretary of the Siliguri Tea Auction Committee. B) INDIA. Kolkata, Mar 16 (PTI) The Jalpaiguri tea auction centre in West Bengal may not resume functioning in April due to minor operational difficulties, an official said on Thursday. The fourth auction is scheduled for Thursday. This is the first time since the formation of the centre in 1976, that auction has been called-off for three consecutive weeks,” said Colonel T. If you are ever in Victoria, British Columbia, please drop in and visit us. 28: Warehouse owners in town withdrew their three-day old strike today, giving relief to the stakeholders associated with Siliguri Tea Auction Centre (STAC). Monthly Average Auction Prices; Regulatory Activities. M. The two regions produce more than 200 million kg of tea per year, Baxigupta said. B. Assam’s 2nd Tea Auction Centre Launched at Jorhat. Ghosh the. The tea industry of Siliguri caters to all parts of the business from tea production, manufacture and supplying tea. The price was also competitive in comparison to Siliguri. 2: The chairman of the Siliguri Tea Auction Centre and a businessman were arrested today for allegedly leading a group of people who had attacked a bar with crooners at Sevoke Road yesterday. Siliguri Tea Auction Centre - FacebookNorth Bengal has about 450 tea gardens spread out in the Darjeeling Hills, Terai, and Dooars regions that are registered as sellers in the Siliguri Tea Auction Centre. co. Only forum which enables large volumes of tea to be sold in a short time through competition, a transparent price barometer He also said due to the ongoing Covid-19 situation, they could only buy 131 million tea from Siliguri Auction Centre last year. ) 37. Barkakati pointed out that since the GTAC was set up in 1970, tea production in the state had gone up three-fold. ELGIN ROAD, KOLKATA-700020. The genesis of J Thomas was in Calcutta, the centre of tea trade in British India. The e-Auction system integrates the process starting from creation of invoices till the delivery of tea from the warehouses, enabling better control and avoiding duplication of work thus reducing time. Other Photo Galleries . Karthik, the Special Officer who heads TEASERVE walked down. - We manufacture different grades of tea. Buyers . Review. The newly designed e-Auction system is being used by all the six Auction Centres (Kolkata, Siliguri,. (FAO report, 2018). on 2023-11-18. The owners, who had been demanding revision of warehouse charges paid by tea buyers and sellers, had resorted to the strike from Tuesday after talks to fix the revised. The Siliguri Tea Auction Centre is cited as a model. A request has been made to bring 'Bristish' system back instead of 'India' system in tea auction Siliguri Tea Auction Centre চা নিলামে ‘ভারত’ ব্যবস্থার বদলে ‘ইংলিশ’ পদ্ধতি ফেরানোর আর্জি Some BLF owners said that in the Siliguri tea auction centre, the weekly average price of a kilo of tea from the tea estates that was auctioned at the end of October this year was Rs 184. As a result new auction centers were established (in Cochin, Amritsar, Coonoor, Guwahati, Siliguri, Jalpaiguri, Coimbatore, Mombasa, Chittagong, Limbe and Djakarta) which lead to a sharp decline in the quantity sent to London auction. Over 150 representatives from various institutions such as Tea Board of India, Tea Research Association, Indian Tea Association, Trade Union as well as economists and. Sponsors and Partners. But if the Tea Board's directive works properly it will break the. Latest data sourced from Tea Board India shows that the average price of tea at auctions in east India rose 9. Since then the centre has remained closed. Meanwhile the same business was also begun in Kochi, Coonoor and Coimbatore. Welcome to Siliguri Tea Auction CentreOn December 15, a seminar is being organised at Siliguri tea auction centre titled, ‘Sustainable Issues of Small Tea Holdings and Its Impact on the Future of Tea Industry’. About Us;. co. Targett. Tea auction system is more dominant. The tea produced by small factories in Ilam is sold in the local market and to tourists who buy it to give as gifts. A tea planter in Siliguri said the price rise was the only saving grace. ),INDIA. Season. “Around 5 million kg of tea is lying unsold due to the boycott of auctions at the Siliguri tea auction centre,” said Col T. The. About Us;. 2. in. Bagdogra Airport 10 km See all flights. It includes tea estates and facilities in the districts of Darjeeling, Jalpaiguri, Cooch Behar, Kishanganj and North Dinajpur in West Bengal. “The auction prices of Darjeeling tea were below the cost of. We met local minister Asok Bhattacharya, the local administration and officials of the commercial taxes directorate. Auction Catalog. The youngest tea gardens are Chinchula Tea Estate, Raimatang Tea Estate and Kalchini Tea Estate all of which are 72 years old. Post Auction Reports. [email protected]; Total Quantity Offer of Tea in kgs 778702. Site Links. 1861. in +91 33 22307241 / 42. Siliguri – 735 135, West Bengal. Follow Us. ” Since 1997, the planters in the Dooars have been pressing for a new tea auction centre in Jalpaiguri. Auction starts. 13) WEEKLY AVERAGE PRICES OF TOTAL TEA SOLD AT INDIAN AUCTION DURING - 2023. • Network connectivity for Guwahati Tea Auction centre at Guwahati – on fibre - 2 Mbps Bandwidth. 0 million kilograms of tea. Room features. India has at least eight tea auction centres with the oldest in Kolkata’s Nilhat House, besides auction centres in Guwahati, Siliguri, Cochin and Coimbatore. Though the centre here started with an annual sale target of 10 million kg, the figure recorded in 2005 was 9. The Jalpaiguri centre will cater mainly to the tea grown in Dooars and Terai. info@contemporary. Category. 180. Small growers. Gardenwise Sale Average January-2023_Sale-01 to Sale-04 The order was circulated on July 15, by the Tea Board. It is belongs to Jalpaiguri Division . SILIGURI: Gripped by a severe economic crisis, Sri Lanka, a major player in the global tea market, has not been able to export tea, creating an opportunity for the Indian tea industry to tap the market. Mayur Sandhu - 8369668692Bhagyashree TeaA warehouse where you will get tea oc all regions in cheap price like Assam, Darjeeling etc. Subba, secretary. However, the Siliguri catalogue, comprising mostly the Dooars and Terai variants, did not take off. Popular places to visit include Tiger Hill, Batasia Loop and the War Memorial, and the Himalayan Zoological Park and Snow Leopard Breeding Center. Siliguri Tea Auction Center. in +91 33 22307241 / 42. Darjeeling Hills, Terai, and Dooars regions that are registered as sellers in the Siliguri Tea Auction Centre. - Selling it to the local market venodrs. chaipatti, tea, tea busi. 27: The Tea Board has served a showcause notice on Siliguri Tea Auction Centre, asking it to state reasons for the disruption in the e-auction process. Major tea producing states in India are Assam, West Bengal, Tamil Nadu and Kerala. The average price realised per kilo of tea was higher in 2020 at Rs 249. the average price of a kilo of tea declined by as much as Rs 46 compared to last year at the tea auction centre in Calcutta. 0091-9826511126. Bora Service station, G. in. The buyers also took a break of about one-and-a-half hours from the weekly auction at Siliguri Tea Auction Centre (STAC) today to. Hotels near City Centre, Siliguri on Tripadvisor: Find 3,244 traveler reviews, 2,196 candid photos, and prices for 1,270 hotels near City Centre in Siliguri, India. 14(190. Welcome to Siliguri Tea Auction Centre The Jalpaiguri centre was opened in 2005 but has remained defunct since 2015. DARJEELING : KOL/B-10064:. Over a conversation between the legendary tea planter Mr Rajah Banerjee of Rimpaocha Tea Siliguri and Campus Minister at Salesian College Sonada Fr. The waiver, which has come into effect from April 1, is likely to give Jalpaiguri an edge over Siliguri and Calcutta. "It was proposed that the Jalpaiguri auction centre will restart its operations in April after a gap of seven years. Register and renew your membership online! Now all prospective entities can register as members and existing members can renew their membership online through our new platform. B. [email protected]@glueup. But if the Tea Board's directive works properly it will break the. Siliguri Tea Auction Committee (STAC) Guwahati Tea Auction Centre; Weather; Indian Tea Association; Contact +91 33 22307241 / 42. [email protected], Feb. Auctions were conducted from this centre till 2015. Targett. On the other hand, the CAGR of rise in tea prices at auctions has been merely 3 to 4 percent in the past 10 years.