Thu, 26 May 2022 Today's Paper

This week tea auction proceeds with lower quantity but good demand

21 April 2016 08:56 am - 0     - {{hitsCtrl.values.hits}}

A A A

The tea auction this week saw a relatively small quantity of 4.9M/kgs come under the hammer but a good demand was observed consequent to the lower volumes and the absence of an auction last week on account of the Sinhala and Tamil New Year.


The quantity that went into auctions at the 15th sale of the year was 33 percent lower compared to the 7.4M/kgs offered in the corresponding period of the previous year. According to the Forbes and Walkers Tea Broker’s latest tea market report, ex-estate offerings totalled 0.9M/kgs, which met with excellent demand. The overall quality of teas on offer from the Western planting districts showed no significant change whilst Nuwara Eliya’s recorded a sharp decline in quality.

Uva/Udapussellawa’s in general showed an improvement on last. Best Western – select coloury invoices were substantially dearer whilst the others were firm and Rs.10-20 per kilogramme dearer. Corresponding BOPFs gained Rs.20-40 per kilogramme. In the below best category select coloury teas gained Rs.10-20 per kilogramme and more following airmail inquiry whilst the others together with the plainer sorts appreciated Rs.10 per kilogramme on average.


Corresponding BOPFs gained Rs.10-40 per kilogramme. However, lighter liquoring teas were neglected. Nuwara Eliya’s were sharply lower following quality. Uva/Udapussellawa BOP/BOPFs gained Rs.10-20 per kilogramme.


High and medium grown CTC teas were often Rs.10-20 per kilogramme dearer. Low grown BP1s were Rs.10-20 per kilogramme lower whilst the corresponding PF1s gained Rs.20-30 per kilogramme.

Liquoring leafy teas met with lukewarm demand and sold at irregular rates following airmail inquiry. Consequently, prices for these teas ranged between Rs.450-800 per kilogramme.


At this week’s sale, shippers to Dubai, CIS, Turkey, Saudi Arabia and Iraq together with Kuwait were active.

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Shocking inside stories of the sugar scam

In the backdrop of former Finance Minister Ali Sabry’s proposed plan to inc

Sri Lankans stuck between hunting for essentials and fighting for good governance

Sri Lanka, a tiny South Asian nation of 22 million people, is experiencing fi

Food crisis in Sri Lanka From granary of East to barren nation

A damning revelation by the Food and Agriculture Organisation (FAO) states th

The danger of Basil Rajapaksa’s rule by proxy

Last week, I wrote that the fate of the Ranil Wickremesinghe government would