The Colombo Tea Auction had 4.87 million kg of tea on offer this week with 2.19 million kg being Low Grown Main Grades and 1.6 million kg were High and Mid Grown Main Grades.
The Low Growns had met with good demand, the Asia Siyaka Market report stated.
In the Leafy grade catalogues a few select best liquoring OP1s held firm; below best and others were firm to lower.
There was good general demand in the Ex-Estate catalogues. Select best Western BOPs gained Rs.50 to Rs.100; others were firm. BOPFs generally held last levels, but some poorer sorts lost Rs.50 per kg. Nuwara Eliya BOPs moved up sharply Rs.200 and more. Very few BOPFs were on offer.
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.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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