Notable
In the last week of August, Low Grown tea averaged 4.39 dollars a kilogram up from 2.95 a year earlier
This week 4.7 million kilograms were offered for sale.
US dollar earnings were up 2% to 117.5 million dollars in July from a year ago
July prices surpassed the previous record in April 2022 of 1,333.61 (USD 4.14).
In 2020 a machine was developed to pluck selected tea leaves.
There is a big demand for Ceylon Tea and there will be a big demand for Ceylon Tea Wine.
ECONOMYNEXT - Sri Lanka’s Horana Plantations returned to profit in the September 2017 quarter with gains from tea...
ECONOMYNEXT – Sri Lankan tea prices were mostly firm or higher at this week’s auctions with high grown var...
Sri Lanka's had nationalised land from a number of citizens as well as foreigners and made the state the biggest landown...
Sri Lanka's agriculture and tea exports may suffer due to the use of alternative chemicals after glysophate, a weedicide...
ECONOMYNEXT – Sri Lankan tea prices rose sharply in August this year from a year ago, helped by demand from oil p...
Sri Lanka's cabinet of ministers had approved a proposal to further restrict the freedoms of owners of tea, rubber and c...
ECONOMYNEXT – Sri Lanka’s Bogawantalawa Tea Estates reported that net profit rose 56 percent to 79 million...
ECONOMYNEXT – Sri Lanka’s government is holding talks with Alibaba Group, the Chinese ecommerce giant, to ...
Sri Lanka’s Watawala Plantations said June 2017 quarter net profit rose 58% to Rs379 million from a year ago main...
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
ECONOMYNEXT – Sri Lankan tea prices continued to gain in June 2017, with the national average auction price up ...
ECONOMYNEXT – Sri Lanka’s tea production in June rose 5.8% or by 1.5 million kilos from a year ago, with t...
ECONOMYNEXT – Sri Lanka’s Watawala Plantations is to separate its tea business and set up a new company th...
ECONOMYNEXT – Tea prices are expected to remain high for the rest of the year with production shortfalls in major...
ECONOMYNEXT - Sri Lankan regional plantation company Kelani Valley Plantations is testing a revenue sharing model with w...
ECONOMYNEXT – Prices of low-grown teas in Sri Lanka, made mainly by small farmers in the south, hit a new monthly...
ECONOMYNEXT – Sri Lankan brokers are anticipating a sharp decline in both the quantity and quality of tea offered...
ECONOMYNEXT – Recent floods and landslides triggered by heavy monsoon rains in Sri Lanka could disrupt tea produc...
ECONOMYNEXT - Sri Lankan’s tea exports fell 9 percent to 20.1 million kilos in April 2017 from a year ago, but ea...
ECONOMYNEXT - Sri Lanka’s Watawala Plantations said net profit rose 168 percent to 212 million rupees in the Marc...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read