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Tea prices slip amid ample supply

Tea prices in Bangladesh fell for a second straight session at the weekly auction on Tuesday as the volumes offered were the highest for the season so far, but strong demand for quality leaf capped the slide and sales rose. Bangladeshi tea fetched an average 198.80 taka ($2.5) per kg at the auction, the twelfth of the new marketing season, compared with 198.97 taka at the previous sale on July 14, an executive with National Brokers said. teaThere was strong demand for quality tea that limited the fall and sales also rose, although the latest offering was the l...