Over 5 mn kg at Colombo Tea Auction, prices declined

Business

There was 5.41 million kg of tea on offer at this week’s Colombo Tea Auction with 2.25 million kg of Low Grown Main Grades and 1.98 million kg of High and Mid Grown Main Grades.

In the leafy and semi leafy catalogues select best OP1s maintained, whilst corresponding BOP1s declined. A range of best varieties were fully firm to dearer. Teas at the lower end were generally firm. Select best OP/OPAs were fully firm, whilst best together with improved below best varieties were full firm to dearer. Teas at the lower end maintained. Select best Pekoe’s were marginally easier, whilst Pekoe 1’s declined further. Others were fully firm to dearer. In the Small leaf catalogues select best FBOP/FBOPF1s maintained, whilst best together with poorer sorts gained. In the Premium Flowery catalogues leafy varieties gained, whilst smaller varieties gained further.

Demand at lower levels at this week’s Ex-Estate auction. A few select Western BOPs and BOPFs maintained on special inquiry; others were lower Rs.40 to Rs.60 and more. Most Nuwara Eliya BOP/BOPFs were unsold. Udapussellawa BOP/BOPFs were regularly lower up to Rs.40 and more. Uva BOP and BOPFs were about Rs.50 and more lower. Best Medium BOPs were firm, whilst others lost up to Rs.50. Cleaner Medium BOPFs were lower Rs.60 to Rs.80, whilst bottom was about firm. Selected CTC BP1s maintained, whilst others were irregular. The best CTC PF1s were firm, whilst other continued lower. (SD)

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

May 31, 2025

- 481 - 0

Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary

Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred

June 2, 2025

- 449 - 0

National Tax week launched

The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.

June 2, 2025

- 352 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

May 29, 2025

- 261 - 0

Mahindananda and Nalin Fernando Jailed

Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.

May 30, 2025

- 259 - 0

In Pix: Weather situation in Colombo

June 3, 2025

- 189 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.