Tea Biz
Tea Biz

Episode · 1 month ago

Tea News and Biz Insight - October 15, 2021

ABOUT THIS EPISODE

HEAR THE HEADLINES – Food Inflation and Tea | Tea Cargo Woes Worsen | COVID Impact on Tea Market | GUEST – Kyle Whittington, TeaBookClub | FEATURES – This week Tea Biz visits London where Kyle Whittington reviews “Puer Tea, Ancient Caravans and Urban Chic” a meticulously researched cultural biography that reveals the intricacies of Pu’er. … and then to Yunnan, China, where ancient tea forests mark the origin of Pu’er, a tea experiencing a popular resurgence due to the pandemic. Puer Tea, Ancient Caravans and Urban Chic by Jinghong ZhangSitting on the academic end of the tea bookshelf, this is a fascinating and thoroughly well-researched foray into the complex and multi-faceted world of Pu’er tea. An anthropological study that explores the “cultural biography” of Puer tea, the ethnographic and anthropological research that has gone into this is book is exceptional and really opens the intricacies of Pu’er. And yet, despite being such an academic text it is entirely readable and utterly fascinating. The Popularity of Pu'erThe COVID outbreak in China triggered a surge in domestic sales of Pu’er along with teas blended with herbs associated with traditional Chinese medicine. In China, tea is viewed as essential to maintain the body’s natural healthy balance and improve immunity. Pu’er does not prevent infection by the novel coronavirus, but this fermented tea aids digestion concentrates polyphenols, and contains statins that lower cholesterol, which is why it is often prescribed to improve heart health. Pu’er also contains a very diverse makeup of bacteria to support gut health, according to medical research cited in the magazine Well+Good.

The T dis, podcast, delivers a recap ofthe week's major peneus headlines with commentary and cultural trends hostedby Dan Boden Hebi is the voice of origin for p professionals andenthusiasts world bout. Think of us as a digital caravan ofstory, tellers bringing authentic, authoritative and exclusive stories foryou, weekly from the tea lands, tease both art and craft it nourishesand inspires. It is the most ancient of plant base medicines simultaneouslyenergizing the body as it soothes the mind, intimately local in character.The two hundred billion dollar petrae exerts global influence, employingmillions to supply consumers at far greater volumes than coffee. Tea is of fascinating and intricatetopic, far more complex than when person can master. That is why the TABis podcast, unless forty voices skilled in twelve languages to tell the storyof t authentic reporting relies on the expertise of professionals who know thePEA lands from birth and speak the native tongue. Transparency, in our view, embracesstory telling grounded at origin, hello, every one or this week'ssadlings food inflation and tea tea, cargo, woes worsen and cofidis impacton the tea market more a minute. But first this importantmessage: White makes a perfect cup of Ceylon tea.The Perfect Cup is from the T, businesses that ensure the protectionof all the children living within their...

...tea estate. We Salute Kalani Valley,tell a Wakely, Boga, Wan, Talla, Parana and Elipa t estates support, Save theChildren Srilankan as raw material, energy and shippingcosts rise across the broad swath of food and beverages, including coffee,where prices are up seventeen per cent in grocery package. Tea has avoided aspike. The reason is basic supply and demandin coffee prices that hovered around a dollar per pound for the past two years,doubled to two dollars and eight cents per pound in July. A high not seen since two thousand andfourteen shortages in supply attributed todrought and two killing frosts boosted a Ravic more than two dollars per pound.Basilian authorities are now projecting the Lowest Arabica Harvest in twelveyears. In contrast, an over supply of teasince two thousand and eighteen is driving prices down. During the past ten years, China hasincreased its share of global ty production from thirty four to fortyfive per cent with exports now accounting for nineteen per cent ofsails, anly green tea. Can you also boost a production andexport share from twenty four to twenty six per cent? Meanwhile, the cost toproduce tea has risen to an estimated two dollars and sixty cents per kilo inIndia at retail prices remain flat. This weekleading grosser safely, advertiser count, Lipt, an yellow label for sixdollars, and thirty nine cents Kroger offered the same box of tea for threedollars and forty nine cents on sale in Canada, the average retail price of teaand grocery. For a Sunday, two Colt box was four dollars and thirty one centsof February two twenty and twenty one...

...about three dollars and fifty cents in.U S dollars business insight, food inflation is the big unknown.Global Food prices are at a decade high, compounded by supply chain disruptionsthat have sent a United Nations index of food cost up by a third over thepast year. According to Blumberg energy caused her rising and the costof bringing to to market is soaring. Inflation was tame the past decade,advancing at one point two three per cent doing part to the great recession.Ten years ago. A hundred count box of tea bags that cost five dollars wouldcost five dollars and thirty eight cents in today's dollars. An online calculator using US Bureau ofLabor Statistics to determine the inflation adjust at price ofingredients that are used to make beverages predict. The price of teashould be thirty. Five per cent higher in two thousand y twenty one, then, inone thousand nine hundred and ninety seven, it's not the cost of transporting a forty footcontainer of tea from India to Europe is now equal to the value of tea. Itholds the cargo handbook estimates fourhundred sacks on twenty pants of Phil a fortyfoot container. He wait at teavaries greatly, but at fifty five to sixty kilos per sack a shipment away.Twenty two to twenty four thousand kilos. The price of a containertravelling from Calcutta to Rotterdam was six thousand nine hundred and threeBritish pounds this week. What nine thousand five hundred? U S dollars, addthe cost of material labored, a load and ground transfer to the port andinto destination and cost can top twenty thousand shipping charges from East Asia toNorth America averaged twenty thousand...

...five hundred and eighty six dollars onSeptember, ten and average. Sixteen thousand and four dollars on October,eighth, according to fritos spot rates or nine to ten thousand percontainer on routes from Asia to the US East Coast and a twenty foot containertraveling from India to Argentina was recently quoted at six thousand ninehundred dollars. Shipping cost and trelane have tripledand the Shanghai container eyes freight indexes of four hundred and sixty fourper cent to an average four thousand. Six hundred and fourteen dollar costfor container US ports, in Los Angeles and Long Beach,are now operating twenty four hours a day. Seven days a week to reducecongestion, yet eighty six ships were idle this week awaiting a birth downfrom ninety seven in late September, the two at ports account for a third ofUS container imports moving nine hundred and fifty thousand containersin August. Yet US imports by volume increased by five percent in Septembercompared to two Thousan and twenty in ports around the world. Containers arepiling up as China experiences in acute shortage, the port of Savannah andGeorgia reported. Four thousand. Five hundred containers remain on the dockafter three weeks, despite fifteen thousand trucks coming and going daily.According to The New York Times in China, in late September, there weretwo hundred and forty two ships, a wedding to a load. Systemic power, outages and LaborConcerns Reduce Fort Capacity of Ning, bull and Yonchin, and t ship fromVietnam was disrupted by Cavit blackdowns. This crisis is anticipated to continuethrough two thousand ND. Twenty two, this as insight Danish logistics dataresearcher see intelligence reports...

...that almost thirteen per cent of theworld's cargo ship and capacity is tied up by delays. Scheduled reliability inAugust was in a record low of thirty three point: six percent, meaning thetwo thirds of ship goods are arriving late according to the company, the initial pandemic, driven surge andtea sales has passed, and the North American market has returned to aperiod of steady growth. The tea market will grow at a projected three point:one per cent through thousand twenty six, according to a report releasedthis week by research and markets, consumer research in the North Americantea market, two thousand a twenty one report documents the impact of thepandemic and highlights these three trends. First, healthy hydration is propellingmarket growth at the expense of true juice and carbonated drinks. The herbaltea segment is expected to experience, quote significant growth and quote overthe coming years, as Covey nineteen paved the way for products that aregood for health, natural and act as an immunity. Booster organic certificationwas identified as a desirable product attribute. Second, the increase and settlement ofexpatriated populations in the US, and especially in Canada, is driving theNorth American market according to researchers and third, the ORGANOLA versatilityassociated with tea makes it open to manufacturers to innovate alongside thehealthy trends that have been resident prominently in a North American marketreached the report. The US is the third largest to importerglobally, with consumption, increasing acrost, infused beverage categories,camelias Senensis, plus spitatical s. According to the report, the majorgrowth opportunities hinge on...

...innovation in flavors and conveniencequote, and the popularity of high end specialty, Ta and quote right. Researchand Markets Ervin, Dan and Therma is away this week,missus Dan Bolt with Indian tea price watch sales volumes were lower in week, fortyat faciliate, with buyers for going bids due to increase, lock size. Thequantity of tea purchased by small and minor volume buyers decrease fromtwenty four hundred and fifteen metric tons in sale. Thirty, nine to sixteenhundred a d two metric tons, a thirty four per cent drop in tea, purchasedthe quantity of tea purchased by large and medium volume. Buyers increase fromthirteen hundred and fifty eight metric tons in sale, thirty, nine to fourteenhundred and sixty metric tons in sale. Forty, a seven per cent increase ofpurchases, small and minor volume buyers paid an average hundred sixtyfive rupees for Kilo about two dollars and twenty cents for Kilo. In E. U Sdollars, and now a word from our sponsor. You trade understands that a successfultea blent goes beyond the creative fusion of appearance, Aroma and flavoror multi award winning product development team is passionate aboutconverting natural ingredients into sensory experiences with customers.Grave every recipe is formulated with the commercial backbone of dependablequality sourcing, with the pricing structure that supports us, safe,regulated, profitable and scalable Blant, he trade needs every brand's,retail food service and e commerce meed for more information visit. Our website,you, trade, TESCO this week, tibis visits London, whereKyle Wennington reviews for ware tea,...

...ancient caravans and urban shik ameticulously research, cultural biography that reveals the intricaciesof the are and then to Unan China, where ancienttepores mark the origin of ware a tea experiencing a popular resurgence dueto the pandemic. WORTS IMPROVEMENT WITH AGE is set to beits distinguishing feature from this. Several key values were drawn out bytraders, Connoisseurs consumers, researches mass media and thegovernment, and that's a quote from poorty ancientcaravans and urban cheek by Jin Honjo Hallo and Kyle Wittington found offTabak Club sitting on the academic end of the teabook shelf. This is a fascinating and thoroughly well researched for a intothe complex and multi faceted world of poorty. An anthropological study whichexplores the cultural biography of poorty the ethnographic and anthropologicalresearch that has gone into this book is exceptional and rarely opens up theintricacies of poor. And yet, despite being such an academic text, it isentirely readable and utterly fascinating. The first third sets up the rest of thebook introducing an outlining the research, including terms anddefinitions used throughout with such a complex subject matter. This isinvaluable and help to deal with complexities around such things asfermentation and geographical locations. In this we get to grips with poor, thetea, the people involved and begin to grapple with the issues surroundingauthenticity. Indeed, the issues surroundingauthenticity are central to the book as a whole and open up numerous questionsand considerations. We should probably all be aware of when it comes toexploring and particularly to purchasing quality building on this grounding, the bookjumps up and becomes massively...

...absorbing, in the latter, two thirdsexploring the changing historical and current cultural context of poor theimportance of location and differences and difficulties round in productionand, of course, aging, is both revealing and fascinating, accessing multiple areas and sourceswithin the realm of poor. We get real insight and understanding without theveneer of the sales pitch that pervades much of the public poor world. As a native of cunning and with therigon perspective of an academic, Jing, Haljan really gets at the heart of thematter and presents us clear and thorough insights. The fained boom andbust of the poor market has revealed in start in detail how and why it happenedand, importantly, how its effect with felt and dealt with in differentcircles. The impact and conversations that arose as part of and as a resultof this around authenticity and what is valued in a pour are explored fromproducers to connoisseurs and consumers the importance and meaning of place andhow this is very in to find in poor circles and indeed how place affectstastes and experiences revealed and explored. I could go on there's so muchcontent in this book, but suffers to say a thoroughly excellent Reed,whether Fishin Ado with an inkling of an interest in poor. This book is anexcellent and essential development of that interest. We thoroughly recommendit. T Book Club is an international Groupof tea lovers and readers who meet up virtually each month to discuss thebooks. We read my work reviews our combination of my own thoughts andthose of Taboo Club members, I'd like to share a few thoughts fromtea, but club members. I've recommended this book to a coupleof people since I started reading it because I think it is possibly the bestred on te I've had this year. I really enjoyed the view from insidefrom some one who got to get close, especially the films, though verycomplimentary. Her insight into the market crash, thehouse and the wise was really helpful. Strong research,...

...the COVIN outbreak in China trigger asurge in domestic sales of were along with teas blended, with herbsassociated with traditional Chinese medicine in China. Teas viewed isessential to maintain the body's natural health balance and improveamenity. Where does not prevent infection by theNovelle Coronaberis, but this fermented, Ta aged digestion, concentratespolyvinyl and contains statements that lower cholesterol, which is wide asoften prescribed to improve heart health, who here also contains a verydiverse makeup of bacteria, to support gut health. According to medicalresearch cited in the magazine, Well, plus good China primarily grows green tea,accounting for sixty four percent of total production, but dark tea, acategory that includes pair house for thirteen point five per cent of totalproduction, far more than black tea at eleven per cent wou long at ten orwhite tea. At one point three per cent current exploit figures are notavailable, but you know in province where were originated annually exportedthirty million dollars worth of tea, the costliest of which is beware. It'spopularly locally limits, sweared only a small slice of the sixty billiondollar global tea market, with most of the seven thousand metric tonesproduced and newly consumed in trita primary export destinations includeHong Kong, Py warn and Japan. The pandemic has boosted sales in Europewhere age beware sells for as much as two thousand euros per kilo abouttwenty three hundred euros dollars,...

...but my voice survey in February twothousand and twenty found that Japanese consumers rank ware among their topchoices. Tea Respondence, predictably favored green tea, sixty six per centof their top choice with thirty one per cent indicating a preference for BlackTea, but nineteen point five per cent indicated a preference for where andtraine style woola Chinese teas rank well ahead of herbal teas, fruit juiceand sport strings. China's exports overall grew fifteenper cent during the pandemic and, while the US is China's primary tradingpartner, that is not the case in pro sensitive black tea categories, whereimports declined. Fifty nine per cent from forty four million in two thousandand seventeen to eighteen million in two thousand and twenty green teaimports decline. Twenty six point: Five per cent during that same period,imports of Chinese tea by value through August totaled. Seventy six millionthis year only two per cent ahead of O twunty twenty allied market research predicts t salesglobally dominated by the Chinese will reach nearly seventy billion bythousand and twenty seven growing at a combined annual rate of six point. Sixper cent intrigued by what you heard in today'spodcast. Would you like to learn more from our gobal network of PEBAjournalists and t experts remember to visit the tea of his website for morecomprehensive coverage? That's www t hyphen biz bi iz a com thanks forlistening for well till next week.

In-Stream Audio Search

NEW

Search across all episodes within this podcast

Episodes (49)