Sri Lanka’s tea exports for the month of July have recorded its best in five years with a surge of 13 per cent increase compared to the same month in 2019.
With more quantities starting to pick up due to a good demand for Ceylon Tea, 2020 has recorded one of the best July month’s ince 2016, Asia Siyaka Commodities CEO Anil Cooke stated.
He noted that export figures for July showed 28 million kg for this year compared to 24.8 million kg, a 13 per cent increase compared to last year.
Revenues recorded a 24 per cent increase with earnings made at Rs.24.3 billion as against Rs.19.5 billion last year.
With the shutdown in March there had been a crash but the situation had steadily improved ever since, Mr. Cooke noted. (SD)
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