There was 6.33 million kg of tea on offer at this week's Colombo Tea Auction with 2.56 million kg from low Grown Main Grades and 2.35 million kg from the High and Mid Grown Main Grades.
In the Leafy and Semi Leafy catalogues a few select best OP1/ BOP1s maintained, whilst others declined. Balance and poorer sorts were barely steady. A few invoices of Select best OP/OPAs were fully firm to marginally easier, whilst below best varieties declined.
In the Ex-Estate catalogues select better Western BOPs were dearer, all others were irregularly lower at Rs.20 to Rs.50. A few better BOPFs were firm to irrregularly dearer; others about firm. BOPFs followed a similar trend. Select Uva BOPs moved up sharply on special inquiry. Others were irregularly lower. BOPFs lost Rs.50 on average. Stylish Medium BOPs gained Rs.50; others were about firm. BOPFs gained Rs.20 to Rs.40. High priced CTC PF1s were firm; others were irregular with some liquoring teas losing Rs.50 per kg. BP1s were barely maintained. (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.
Sotheby’s has returned ancient gems linked to the Buddha’s remains following pressure from the Indian government.
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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