Drought and High Demand Causes Tea Prices to Rise

More information on this subject can be found in an article in the Telegraph (UK) Newspaper.

Due in part to increasing demand and a poor harvest, the price of many teas is set to rise.

Drought has effected the important tea growing countries of India, Kenya and Sri Lanka. Demand for tea also has increased internationally. These two factors have caused tea prices to be at an all-time high.

According to the Telegraph, Unilever, makers of PG Tips, Lyons, Scottish Blend and more, is expected to raising prices of these teas in the UK shortly.  The prices could increase 10% to 15% for these teas.

Other tea brands should follow with price increases.

How much this will affect these tea brands being imported in the US has not yet been determined.

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