Another global commodity, present in our daily lives, without an established price index or futures contract, with a unique supply chain: Tea.
How does Tea reach our tables? Where does tea come from? How does it trade? And how is the tea market navigating climate change, ever-lower prices and changes in demand? Indeed, which nations drink the most tea?
Speaking to our host Paul Chapman on this episode is Jem McDowell, Vice-President of Trading and Universal Commodities (Tea) Trading Inc. Jem is based in the US but has had a global career in trading tea.