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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Business

Colombo Tea Auction Sees 4 Million Kilograms Sold Amid Irregular Market Trends

  • September 23, 2024

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

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