Tea decreased 0.47 USD/Kgs or 15.06% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Tea reached an all time high of 5.33 in December of 2009.
Tea is expected to trade at 2.50 USD/Kgs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2.10 in 12 months time.