The National Tea Sales Average for February recorded Rs. 1,168.93 ($3.96), marking a decline of Rs. 16.50 and $0.07 compared to January, according to Forbes and Walker Tea Brokers.
Compared to the February 2024 average of Rs. 1,320.71 ($4.25), this represents a year-on-year decline of Rs. 151.78 and $0.29. The total National Sale Average for 2025 to date stands at Rs. 1,177.35 ($4.00), down by Rs. 116.43 ($0.11) from the corresponding period in 2024, which recorded an average of Rs. 1,293.78 ($4.11).
All elevations, except for High Grown, recorded a decline compared to the previous month. Year-on-year, all elevations showed a negative variance. While the High Grown elevation showed a drop in LKR terms, it gained in USD terms. However, Mid Grown and Low Grown elevations declined in both LKR and USD terms. Despite the price drop, tea exports in 2024 increased by 9.6% to $1.43 billion.