Originally posted by excel_monkey Aditya Khaitan of McLeod Russel believes that the tea prices are going to be strong http://www.moneycontrol.com/news/business/whereteapricesheaded_507840.html

Finished reading now...Very very interesting interview......

Thanks for posting.....

Some one told me that tea plant takes 12-14 years to mature. you said 3.5 years. i dont know any thing about the tea plantation. other thing do you know the listed name of C somabhai's tea of ahmedabad.

I have been stalking Jayshree (Tea ) since 2003 when it touched Rs. 22 levels
and ultimately bought it at 93 (all prices adjusted for bonus) in early 2008
I had to go through some pain in the carnage but the tea prices held up and now I am in profit (not that decent when compared to consumer plays)

With regards to the prices they are just an optical illusion

The house where you stay is up 5 times in last 10 years
The meal which you buy is up 6 times in last 10 years
All other agricultural commodities are up several times in last 10 years
The capital and operational costs across the industries, products and commodities have gone up several times in last 10 years
Our income has gone up several times in last 10 years
There are barriers to entry in this business in India (land acquisition and time it takes to start a plantation)
Demand and supply scenario is favourable

Why shouldn’t the tea prices go up?

Originally posted by subu76     The comparison is interesting Hmm.....But isn't your s*x worker point and being positive on tea point are somewhat contradictory? I've thought a lot about tea stocks and have been unable to swing one way or the other..... Here is a graph on tea prices over the years LinkTea prices over the years So it seems that tea prices are at 10 year highs.. Offcourse, that not to say prices will not rise further.... My point is that if tea prices rise Goodricke will be a huge huge winner...but I'm finding it hard based on my limited knowledge about this sector to figure out if prices will continue it's uptrend Do you think tea prices will continue to rise?