tea

Indian auction centers have been peddling tea the old fashioned way since 1861, selling it in crowded halls filled with traders and auctioneers. A good auctioneer can usually sell up to three lots in one minute, making tea trading a quick, but ... time-consuming process. But low tea prices, high government sanctions, and evolving times have led to online trading becoming an acceptable medium in India. The high-tech shift is much more economy-driven than it is fashionable. Electronic trading promises fairer prices and lower transaction costs for farmers. (Source: nytimes.com ) The advantage of ... (view more)