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Tea industry prospects in 2H depend on LKR stability: Tea broker - Business

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Sri-lanka , Iran , Sri-lankan , Walker-tea-brokers , Low-grown , Mid-grown , Mid-growns , Low-growns , Tea , Industry , Prospects

Sri Lanka High and Low Growns tea prices fall at weekly auction

Sri Lanka’s Ceylon High Grown tea prices were down 30-100 rupees per kilogram at an auction on June 21, as the rupee weakened against the US dollar, data showed.

Sri-lanka , United-kingdom , Colombo , Western , Nuwara-eliya , Central , Uda-pussellawa , Japan , South-africa , Ceylon , Ceylon-high-grown

Sri Lanka's Ceylon Tea gain amid low volumes

Sri Lanka’s High and Low Grown teas gained at the auction held on January 11 while some Mid Growns fell with lower volumes coming up for auction, brokers said.

Nuwara-eliya , Central , Sri-lanka , Ruhuna , Southern , Uda-pussellawa , Ceylon , Gotabaya-rajapaksa , Low-grown , Mid-growns , Ceylon-tea-brokers

Sri Lanka tea production up 5.8-pct in May 2021

Sri Lanka tea production up 5.8-pct in May 2021
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Tea industry's performance in 2020 and prospects for 2021 - Adaderana Biz English


Tea industry’s performance in 2020 and prospects for 2021
January, 7, 2021
Overview
2020 will no doubt go down in history as one of the most challenging years with the Covid-19 pandemic changing the world in many ways. The Sri Lankan tea industry was no exception as its world-famous outcry system of auctioning tea having a 137-year-old history was changed to a digital system virtually overnight.
Once again, the tea industry showed its resilience by rising to the occasion in digitalising the auction in a very short period of time, which facilitated the uninterrupted sale of tea.
This initiative was spearheaded by the Colombo Tea Traders’ Association (CTTA) and supported by the Colombo Brokers’ Association (CBA) and its technical partner CICRA Holdings.

Colombo , Western , Sri-lanka , Kenya , India , Vietnam , Republic-of , China , Russia , Turkey , Russian , Sri-lankan

Bulk tea exports show marginal growth while tea bags, packeted tea show decrease


According to Forbes & Walker comments released on December 22, Sri Lanka tea production for the month of November 2020 totalled 24.8 M/kgs, showing an increase of 0.8 M/kgs vis-à-vis 24.0 M/kgs of November 2019.
Meanwhile, High and Mid Growns have shown a decrease, whilst Low Growns show a fairly significant increase compared to the corresponding month of 2019 and largely reflects a recovery after a drought induced decline in 2019.
January-November 2020 cumulative production totalled 249.9 M/kgs recording a deficit of 28.3 M/kgs vis-à-vis 278.2 M/kgs of January-November 2019. On a cumulative basis, all elevations have shown a decrease, with Low Growns showing the highest deficit.

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