There were 5.02 million kg of tea on offer at this week’s Colombo Tea Auction with 2.10 million kg being Low Grown Main Grades and 1.71 million kg were High and Mid Grown Main Grades.
In the Leafy and Semi Leafy catalogues select best BOP1/OP1s gained following special inquiry, whilst a range of improved below best varieties gained following quality; others and mixed varieties were barely steady and mostly easier, brokers said.
Well-made OP/OPAs in general maintained, whilst best and below best varieties were fully firm following quality; poorer sorts gained. Select best Pekoe/Pekoe1's declined, whilst others and below best varieties declined substantially and remained unsold due to lack of suitable bids. Teas at the lower end maintained.
In the Small Leaf catalogues select best FBOP/FBOPF1s were generally firm, whilst improved below best varieties were fully firm and selectively dearer following quality. Teas at the lower end maintained. In the Premium catalogues very tippy teas were fully firm to dearer; others maintained.
The market for Ex-Estate was irregular at this week's auction particularly for the below best which often remained unsold due to low bids received. (SD)
The State Department is proposing requiring applicants for business and tourist visas to post a bond of up to $15,000 to enter the United States, a move that may make the process unaffordable for many, foreign media reported.
Intex Sri Lanka 2025, the 17th edition of the region’s premier textile and apparel sourcing fair will take place from August 6 to 8 at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.
A NPP MP has proposed that in the event of a dog bite caused by non-vaccinated domesticated pet dog, the owner of the pet should be called to pay for the treatment expenses incurred by the state run hospital.
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