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Thursday, January 24, 2013

Tea cartel' formed by biggest producing nations



China is one of the biggest producers and consumers, and will be an observer for now
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Cultural thirst drives premium tea boom in China
The world's biggest producers of tea have agreed to join forces, raising the prospect of a cartel controlling the price of the popular drink.

Following talks in Colombo, Sri Lanka, India, Kenya, Indonesia, Malawi and Rwanda announced the formation of the International Tea Producer's Forum."
BBC News - 'Tea cartel' formed by biggest producing nations:
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