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BTB starts online tea auction in Chattogram | Bangladesh Sangbad Sangstha (BSS)


BTB starts online tea auction in Chattogram
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DHAKA, March 16, 2021 (BSS) – Bangladesh Tea Board (BTB) has started
online tea auction in Chattogram and about 12,000 kg of tea were sold at the
auction.
auction activities will continue from the beginning of the 2021-22 tea
auction year, said a press release.
Based on the success of the experimental activities, the Tea Board expects
to bring 100 percent of the auction activities online within the next year.
Bangladesh Tea Board (BTB) Member (Finance and Commerce) Nazneen Kauser
Chowdhury inaugurated the experimental activities of online tea auction while
Tea Traders Association of Bangladesh (TTAB) Chairman Shah Moinuddin Hasan, ....

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Tea consumption crashes for first time since 2007


Consumption, however, fell last year to its lowest level since 2007 due to the pandemic-induced lockdown.
Annual consumption reached 95.2 million kilograms in 2019, up from 36.95 million kgs in 2001, data from state-run Bangladesh Tea Board (BTB) showed.
This brought per capita tea consumption to more than 588 grams, or 294 cups a year. In total, people sip about 5,000 crore cups of tea, according to industry people. 
The consumption, however, dropped to 84 million kgs last year due to the pandemic-induced lockdown, which forced hundreds of thousands of hotels, restaurants, tea stalls and offices across the country to shut operations from late March to early June last year. ....

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