Tea price war sees cost of cuppa plunge
A tea price war has seen the cost of a cuppa drop to its lowest level for 30 years.
Research released yesterday says supermarkets are selling tea bags at between ½p and 1p each, which, when inflation is taken into account, makes them about four times cheaper than in 1977.
However, some experts are warning that the dwindling price of tea could see some Third World producers facing bankruptcy.
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Some producers are calling for a minimum wholesale price for tea as there is for coffee.
A combination of price cutting, the rise in own-label tea bags and a weak US dollar has seen the price of tea for shoppers slump.