- Last Update 2025-06-08 16:36:00
Colombo tea auctions attract fair demand
At this week’s Colombo tea auctions there was a total of 6.95 million kg on offer this week with a fair general demand.
There was a selective improvement in the quality offered from the Western slopes while the others showed no significant change, tea brokers said.
Low Growns meet with fair demand and the BOP1/ OP1s were firm on last week’s levels all-round, it was stated.
In the Premium Flowery catalogues select best long leaf and small leaf tippy teas held firm, while others appreciated in value.
There was fair general demand in the Ex-Estate catalogues, it was noted adding that the Better Western BOPs gained Rs.10 on average; others were fully firm.
Nuwara Eliyas were generally firm. Uda Pussellawa BOP/BOPF's were firm. Uvas - brighter invoices were Rs. 20-30 per kg dearer, whilst the others sold around last week's levels.
Meanwhile, India is looking at importing teas in a bid to counter the surging prices of tea at the auctions. The shortage in supply of teas in India has led to this sudden surge in prices and resulted in traders wanting imports of teas from Kenya and Vietnam where there has been an overproduction. Production in Assam and West Bengal has dropped by about 30 per cent in the first half of this year, reports stated. (SD)
-
Still No Comments Posted.
- May 31, 2025 - 494 - 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 - 461 - 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 - 370 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- June 3, 2025 - 208 - 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.
- June 6, 2025 - 206 - 0
SriLankan flight grounded in Indonesia
A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.
Related Articles
Presidential power to pardon prisoners misused
- 08/06/2025 - 91 - 0
Four drowned in Aralaganwila
- 08/06/2025 - 80 - 0
Police probe theft of Macaw from Zoo
- 08/06/2025 - 72 - 0
Discarded soft toys make garbage tractor appealing
- 08/06/2025 - 104 - 0
Leave Comments