Could it be that we are not drinking enough tea. The UN is recommending that we, the tea drinkers of the world, need to drink more tea to keep the price up. According to a report by the United Nations Food and Agriculture Organization, “Boosting demand for tea is crucial to ensure price stability and returns to developing country producers”.
Well I am all for drinking more tea but I don’t know about having the price go up as a result. It seems that every time I turn around prices are going up for just about every thing because of the increasing oil cost. On the other hand, if growers and producers can’t make enough for their product, then they will stop producing and the price will go up as a result of that. It’s that “Catch 22” thing again.
Apparently, global production of tea increased 3% in 2006, due to record crops in China, Viet Nam and India. But demand did not keep step as it increased only about 1% during the same period, which actually is a decrease in the rate of increasing demand or growth rate (if that makes sense). The growth rate of tea demand actually fell by 2.7% in the past decade.
So, OK, I’ll have an additional cup tomorrow morning. You don’t have to ask me twice. Sounds like you too need more tea in your life. For more info visit www.teainyourlife.com.