The Colombo Tea auction saw offerings continuing to be on the high side with quantities above 6.5 million kg this week.
There was limited availability of good quality teas. The High and Mid Grown liquoring teas continued weak, whilst the large leaf teas in comparison continued to secure a fair premium.
The lower end of the market showed some improvement, Forbes and Walkers Tea Brokers stated.
There was less demand from shippers to the UK and the continent. Fair activity was observed from shippers to Japan, the CIS and the Middle Eastern sector, whilst there was selective buying from South Africa and perhaps China.
The current crop intake on most plantations has recorded a decline which is likely to show up in the auction availability in about two to three weeks.(SD)
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
A passenger attempting to smuggle the largest quantity of gold of 35 kilo grams was arrested by the Customs at the Bandaranaike International Airport (BIA) today, a senior official said.
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