Tea growers see profits nearly double as quality improves

[auhckw]

Tea growers see profits nearly double as quality improves

by auhckw » Oct 19th, '10, 11:28

Tea growers see profits nearly double as quality improves
http://focustaiwan.tw/ShowNews/WebNews_ ... 1010130033

2010/10/13 22:17:41

Taipei, Oct. 13 (CNA) Tea growers in Taiwan have seen profits nearly double since last year thanks to a government-sponsored program that promotes the growth of high-quality leaves, a Council of Agriculture (COA) official said Wednesday.

Since late 2009, the council has provided consulting and advanced techniques for applying fertilizer or medicine, helping high-end tea growers obtain certifications including ISO 22000 and HACCP, Tsai Hsien-tsung, director of the COA's Tea Research and Extention Station's Wenshan Branch, said.

Taiwanese tea has become more competitive against foreign teas, Tsai said, noting that Starbucks Beijing and European tea merchants have placed orders.

Tea growers in areas such as Taipei County's Pinglin and Sansia townships, Taoyuan County, Hsinchu County, and Nantou County's Mingjian Jhushan townships have seen profits rise, he said.

Tsai said that as tea grown in the Taipei Sansia area has no pesticide residue, its price has risen from NT$70 (US$2) for 600 grams last year to NT$120 for now.

[Tead Off]

Re: Tea growers see profits nearly double as quality improves

by Tead Off » Oct 19th, '10, 23:16

That's a hell of a mark up from 1 year to the next. Pure greed?

[entropyembrace]

Re: Tea growers see profits nearly double as quality improves

by entropyembrace » Oct 19th, '10, 23:37

That's a hell of a mark up from 1 year to the next. Pure greed?

Sounds like they achieved organic certification...part of the markup would be that certification and testing to achieve that certification increase costs. The other aspect is many people are willing to pay more for organic certified tea (and other products)

Sounds like since there´s a big profit increase being talked about they´re taking advantage of people´s willingness to pay more for organic.

[edkrueger]

Re: Tea growers see profits nearly double as quality improves

by edkrueger » Oct 20th, '10, 00:26

It sounds like a subsidy to me.