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Tea at ₹75,000 a kg: ‘Golden Butterfly’ variety fetches record price

Saurav Bhagat by Saurav Bhagat
August 13, 2019
in FMCG, New posts, News
2 min read
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  • The ‘Golden Butterfly’ is a specialty tea
  • It is produced by the Dikom Tea Estate near Dibrugarh
  • The earlier record was Rs70,501 per kg for Maijan Orthodox Golden Tea

Guwahati Tea Auction Center (GTAC) established another world history by selling 1 kg of “Golden Butterfly” tea at a whopping Rs75,000 on Tuesday. The “Golden Butterfly” is a specialty tea manufactured close to Dibrugarh(Assam) by the Dikom Tea Estate.

This auction center has developed a picture in the world of tea where records are to be broken and history is to be rewritten,” were the words of GTAC Secretary Dinesh Bihani.

He said that the tea was bought by one of the oldest tea shops in Guwahati M/s Assam Tea Traders for their customers. They have bought a lot of specialty tea in the past auctions at record prices.

The GTAC gives all sellers a chance to sell their teas at remunerative rates. The finest teas are always in excellent supply and customers are always prepared to pay a beautiful price,” Bihani said, adding that the GTAC has become a world-renowned tea hub for quality and specialty tea.

Tuesday’s record broke a prior one of the Maijan Orthodox Golden Tea tips on July 31, collecting as much as 70,501 per kg. Maijan Orthodox Golden Tea is a sun-dried specialty tea that is hand-rolled.

We are truly living in a weird time where a mere kilogram of tea costs close to a lakh rupees. Specialists see a further surge in the auction prices later in the coming years.

Read the other news from the tea industry in India:

Tata Global Beverages to acquire Dhunseri’s packet tea biz for Rs 101 cr

Madhu Jayanti Acquires Eveready’s Tea brands, Targets Indian Tea Market

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Saurav Bhagat

Saurav Bhagat

Saurav Bhagat is an experienced digital marketer and SEO Trainer from New Delhi, India. Saurav is inclined towards brands and brand story-telling from the past half a decade. His interest in startups has made him an immense member of the NBB Family from its very early days. Saurav loves Chai and writes his day to day experiences on Quora and Yuvagasm Media too. He believes in the power of storytelling for a Brand and also in general. He often says- "Stories are powerful enough to build and erase empires and generations!"

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