The Colombo Tea Auction had on offer this week a total of 6 million kg of tea which was the highest in five months, the Forbes and Walker tea market report stated.
There was weak market sentiment which continued amidst a selection of well-made /good quality teas continuing to realise a premium price.
The amount of unsold volumes remained high this week as well, the report stated.
The market weakened at the lower end as well perhaps in the backdrop of increased availability. (SD)
Sri Lanka’s apparel industry has expressed concern over the Reciprocal Tariff policy announced by the U.S government today saying the new tariffs could significantly disrupt the country’s largest export sector and put thousands of jobs at risk.
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