Sunday July 18, 2021 7:46 am
Sunday July 18, 2021 7:46 am
ECONOMYNEXT- Sri Lanka tea prices fell in the second week of July with higher availability below best teas, while low growns continued to lead prices, brokers said.
Sri Lanka sold 7.1 million kilograms of tea in the auction of July 13 and 14, made up of 1.0 million kilograms in Ex-Estate teas (mainly high grown teas sold while in the factory itself to retain quality) and 3.0 million kilograms in Low Grown (Leafy/Tippy) teas.
Sri Lanka also sold 7.1million kilograms of tea in the auction held in the previous week.
Low Growns
Last week the Low Grown tea sale average was 622.33 rupees down by 85 cents from a week earlier.
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Young Green Buffaloes and ZNS Luamfumu have won promotion to National Division 1 after finishing in the top two of Group B for the play-offs tournament staged in Lusaka.
Young Buffaloes won Group B on eight points after thumping Sinda United 4-0 in their last match on Saturday.
The Lusaka based Zambia Army side collected two wins and two draws on the road to winning promotion.
ZNS Luamfumu secured promotion after thrashing Malalo Police 3-0 in the other last Group B encounter on Saturday.
The Luapula side finished on eight points after posting two wins and two draws.
Meanwhile, Jumulo and Quattro Kalumbila won National Division promotion from Group A on Thursday.