CHITTAGONG, July 5: The average price of Bangladesh teas fell nearly three per cent to 73.78 taka ($1.16) per kg on lower domestic demand at the weekly auction on Tuesday, brokers said.

“Nearly 1.1 million kg were sold at an average price of 73.78 taka per kg, down 2.26 taka from the last sale,” a broker said.

Some 200 kg of well made Broken Orange Pekoe realized the highest price of 111 taka per kg, followed by another 50 kg of Pekoe Fannings selling at 109 taka.—Reuters