28 Jul 2005
Officials from the Viet Nam Tea Corporation (Vitas) said local exporters can hardly export tea to Iraq, one of Viet Nam's major tea importers, in the near future due to falling prices.
With prices currently accepted by Iraqi partners, local exporters will suffer losses of about 70 USD per tonne.
At present, Iraqi importers require tea to be packed in aluminium foil sachets with weights from 200gr to 1,000gr. In addition, they buy only small 800 tonne shipments. If they win the bidding, Vietnamese exporters must deliver tea within 60 days. However,
The first five months of this year saw
The country earned 24.5 million USD from tea exports in the year ending in May, a year-on-year decrease of 5.7 percent. (mes)
Source : http://www.vneconomy.com.vn
13 Juli 2005
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