An Echelon Media Company
Tuesday July 23rd, 2024

Sri Lanka's tea prices hit record in August

In the last week of August, Low Grown tea averaged 4.39 dollars a kilogram up from 2.95 a year earlier

September 11, 2022 3 min read

Sri Lanka's mid-grown Ceylon tea prices up 13-pct

This week 4.7 million kilograms were offered for sale.

August 28, 2022 2 min read

Sri Lanka tea exports down 10-pct in July; dollar and rupee earnings up

US dollar earnings were up 2% to 117.5 million dollars in July from a year ago

August 21, 2022 2 min read

Sri Lanka tea sold at historic high prices in July 2022

July prices surpassed the previous record in April 2022 of 1,333.61 (USD 4.14).

August 14, 2022 2 min read
Sri Lanka High Grown Tea prices down at weekly auction

The weekly sale average grew 3.98 rupees to 957.14 rupees from 953.16 rupees

Sri Lanka Ceylon Tea prices down at weekly auction

The weekly sale average fell by 86.93 rupees to 980.64 rupees from 1067.57 rupees

Sri Lanka packeted tea exports fall in January

ECONOMYNEXT – Sri Lanka’s tea export earnings rose sharply in January 2018 from a year ago, as the crop al...

February 23, 2018 1 min read

Sri Lanka's Hatton Plantations December net profit Rs94mn

ECONOMYNEXT - Sri Lanka's Hatton Plantations, which debuted on the Colombo Stock Exchange last Friday, made a net profit...

February 9, 2018 2 min read

Sri Lanka’s Talawakelle Tea December quarter profit almost doubles

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates said net profit almost doubled to Rs153.6 million in the...

February 1, 2018 1 min read

Sri Lanka Tea Board to put criminal factory owners out of business

ECONOMYNEXT – Sri Lankan tea factories owned by people who adulterate black tea to get higher prices will be shut...

January 30, 2018 2 min read

Sri Lanka to crackdown on tea trade corruption

ECONMYNEXT – Sri Lanka’s Minister of Plantation Industries Naveen Dissanayake said he wants to focus on cl...

January 26, 2018 2 min read

Turkey buys more Sri Lankan tea for blending, re-export

ECONOMYNEXT – Turkey sharply increased imports of Sri Lankan tea in 2017 for blending and re-export, emerging as ...

January 25, 2018 1 min read

Sri Lankan tea exports to China up 30-pct in 2017

ECONOMYNEXT – Sri Lanka’s tea exports to China surged 30% to 9.9 million kilos in 2017 from the year befor...

January 25, 2018 2 min read

Sri Lanka 2017 tea production up 5-pct to 307mn kg, exports $1.5bn

ECONOMYNEXT –Sri Lanka’s tea industry recovered in 2017 with the crop up 5% to 307 million kilos from a ye...

January 25, 2018 1 min read

Sri Lanka to set up monitoring agency for plantations firms

ECONOMYNEXT – The Sri Lankan government plans to set up a monitoring agency to closely supervise the work of regi...

January 24, 2018 2 min read

Sri Lanka Tea Board in deal to increase exports to Turkey

ECONOMYNEXT - Sri Lanka is to enter into an agreement on agricultural cooperation with Turkey, one of the main markets ...

January 17, 2018 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Call for better monitoring of Sri Lankan tea exports

ECONOMYNEXT – Sri Lankan plantations companies have called for improved phytosanitary surveillance and quarantine...

January 2, 2018 1 min read

Sri Lanka to hold tea auctions in China

ECONOMYNEXT – The Sri Lankan government is to promote black tea consumption in China and also hold tea auctions t...

December 13, 2017 1 min read

Sri Lankan plantations press for oil palm support as profits surge

ECONOMYNEXT – Sri Lanka’s plantations industry has called for more support for palm oil as profits from th...

November 30, 2017 6 min read

Bought leaf helps Sri Lankan tea firm turnaround

ECONOMYNEXT – Sri Lanka’s Agarapatana Plantations, which is making a cash call having suffered a serious l...

November 27, 2017 1 min read

Sri Lanka October tea exports up 10-pct

ECONOMYNEXT – Sri Lankan tea exports rose 10% or by 2.6 million kilos to 25.5 million kilos in October 2017 from ...

November 23, 2017 1 min read

Sri Lanka gives Dentsu Grant global Ceylon tea promotion deal

ECONOMYNEXT – Sri Lanka has awarded Dentsu Grant (Pvt) Ltd. a Rs220 million contract for consultancy services for...

November 23, 2017 1 min read

Sri Lanka’s Kelani Valley Sept quarter loss narrows sharply

ECONOMYNEXT - Sri Lankan regional plantation company Kelani Valley Plantations said its net loss for the September 2017 ...

October 31, 2017 1 min read

Sri Lanka Tea Smallholder Factories Sept net up 60-pct

ECONOMYNEXT - Tea Smallholder Factories, which makes black tea from leaves bought from Sri Lankan small farmers, said ne...

October 30, 2017 1 min read

Sri Lanka’s Horana Plantations returns to profit in Sept quarter

ECONOMYNEXT - Sri Lanka’s Horana Plantations returned to profit in the September 2017 quarter with gains from tea...

October 26, 2017 1 min read

Sri Lanka tea prices seen remaining high on global shortfall

ECONOMYNEXT – Sri Lankan tea prices were mostly firm or higher at this week’s auctions with high grown var...

October 13, 2017 2 min read
1 20 21 22