This week’s Colombo Tea Auction concluded as a one-day restricted sale, with a total volume of 4.0 million kilograms due to intervening holidays. An overall irregular market trend was observed. Ex-Estate offerings declined to 0.6 million kilograms from the previous week’s 0.7 million kilograms, reflecting a decrease in quality and availability of higher-grade teas. Best
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Vietnam, successfully organized the participation of Sri Lankan pharmaceutical manufacturers at the 22nd Medi Pharm Expo Vietnam 2024, held from August 1 to 3, 2024, in Ho Chi Minh City, Vietnam. Recognized as a promising sector for export and foreign
Sri Lanka’s average coconut auction prices decreased slightly from Rs. 85,516 to Rs. 85,087 per 1,000 nuts as of August 1, 2024, according to data from the Coconut Development Authority. The highest price recorded was Rs. 92,000, down from Rs. 95,000, while the lowest price was Rs. 77,000, compared to Rs. 78,500 previously. Out of