The Colombo Tea Auction had 5.19 million kg of tea on offer this week with 2.19 million kg being Low Grown Main Grades and 1.77 million kg of High and Mid Grown Main Grades.
There was good general demand in the Ex-Estate catalogues and prices remained steady despite the Sri Lankan Rupee strengthening against the US Dollar.
Select Best Western BOPs were dearer on special inquiry; others were irregularly lower upto Rs.100 per kg. Some high priced Uva BOPs of last week lost Rs.100 and more; others declined Rs.50 to Rs.100.
In the Low Grown Leafy and Semi leafy catalogues select best BOP1s and OP1s gained substantially whilst improved below best varieties too were fully firm to selectively dearer. (SD)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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