There was relatively higher auction volumes totalling 5.95 million kg at the Colombo tea auction on account of the intervening holidays and the one – day restricted sale last week.
Overall the quality of teas showed no significant change. But there was better demand for Low Grown / Large Leaf teas, in general.
Activity was less for High Grown teas and a slightly lower trend except for the best available teas.
Volatility in the currency perhaps remains a concern. (SD)
The Finance Ministry has released full details of the removal of the suspension on Importation of Motor Vehicles.
Speaker Ashoka Ranawala whose educational qualifications have been questioned has decided to step down from the post of Speaker
Leave Comments