FAO

FAO panel suggests futures market for tea

The Intergovernmental Team (IGG) of FAO has advised the probability of introducing efficient futures marketplace for tea trade.

In its track record paper, the IGG has noticed, “With espresso as a precedent, tea futures contracts seem to be achievable. And, while not a panacea to all of the producers and exporters challenges, futures provides an efficient way of dealing with the price tag and earnings fluctuations.”

It expressed surprise that while there is a lively futures marketplace for cocoa and espresso, there is no futures marketplace for tea.

“One cause is that cocoa and espresso are seasonal with greater hazard

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