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 person who carried a nine millimeter fire arm to the departure terminal of the Bandaranike International airport was arrested by airport police yesterday.
Former President Ranil Wickremesinghe has been summoned by the Bribery Commission following a statement he made supporting MP Chamara Sampath Dissanayake who is in custody.
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