Auction volumes declined this week at the Colombo tea auction to 5 million kg but there was good general demand.
Select BOP/BOPF invoices appreciated by Rs.100 per kg plus for a useful selection of seasonal Westerns which were on offer.
The all-time record price of Rs.3050 per kg for a Western High Grown BOP was established by Somerset Estate.
The BOPF grade continued to secure a premium of Rs.200 per kg and above in most instances vis-à-vis the BOP grade.
Improved activity was seen from shippers to Iran that helped to stabilise Low Grown prices. (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.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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