Economics

Sri Lanka Tea Crop Surges in September, Marginal Growth Recorded for First Nine Months of 2024

  • October 18, 2024

Sri Lanka’s tea industry witnessed a remarkable surge in September 2024, with tea production reaching a seven-year high of 24.13 million kilos, according to provisional data released by the Sri Lanka Tea Board. This marks a 27.7% increase compared to September 2023’s unusually low production of 18.9 million kilos. Despite ongoing challenges such as adverse

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Business

Tea Sales Average Rises by US $0.06 in September 2024

  • October 3, 2024

The national tea sales average for September 2024 reached Rs.1,207.99 (US $ 4.04), marking an increase of Rs.19.50 and US $ 0.06 compared to the August 2024 average of Rs.1,188.49 (US $ 3.98). When compared to the September 2023 average of Rs.1,165.72 (US $ 3.63), the figures show a year-on-year (YoY) growth of Rs.42.27 and

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