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Camellia scalded by pricing pressures

Weak tea prices persisted across 2019, boiling over into 2020.
Camellia scalded by pricing pressures

Agricultural producer Camellia (CAM) was facing difficulties before Covid-19 arrived amid an oversupplied global tea market and sustained weak tea prices last year. The group’s underlying pre-tax profit more than halved in 2019, dropping from £38.1m to £16.1m.

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