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Friday November 13th, 2026
Tea

Sri Lanka tea industry braced for Russia-Ukraine fallout

In January Russia bought 2.5 million kilograms of tea becoming the second largest buyer

March 1, 2022 2 min read

Ceylon tea, gemstones have huge demand in China, says envoy

Sri Lankan gemstones and tea sold out within seconds in China

January 10, 2022 1 min read

Sri Lanka inks US$251mn tea for oil debt deal with Iran

The scheme not to violate US sanctions

December 21, 2021 3 min read

Sri Lanka cuts tea export tax, abolishes regulation on promotions

Regulations limited the use of funds for promotions

December 16, 2021 2 min read
Sri Lanka tea exports down 22.4-pct in March 2023

However the total export earnings were up 49.84 percent in March 2023 to 110.1 million US dollars

Sri Lanka tea prices fall at weekly auction

Sri Lanka’s High, Medium and Low Growns prices were down at an auction on April 19, following the New Year holidays

Oil price recovery seen reviving demand for Sri Lanka tea

ECONOMYNEXT – The recovery in crude oil prices after big producers agreed to cut production should augur well for...

October 11, 2016 2 min read

Drought drives Sri Lanka monthly tea auction average price to new high

ECONOMYNEXT – The monthly average price at Sri Lanka’s tea auctions in Colombo hit a new high in September...

October 6, 2016 2 min read

Sri Lanka heading for ‘significant’ tea production shortfall

ECONOMYNEXT – Sri Lanka is heading for a ‘significant’ shortfall in tea production this year with th...

September 29, 2016 1 min read

Sri Lanka to relax glyphosate weedicide ban: report

A ban on glyphosate, a widely used weedicide, imposed on the belief that it may contribute to chronic kidney disease wil...

September 19, 2016 2 min read

Sri Lanka plantation firms call for equal treatment of producers

ECONOMYNEXT – Sri Lanka’s Regional Plantations Companies (RPCs) have urged the government to treat both th...

September 17, 2016 3 min read

Politicians interfering with Sri Lanka tea regulation, exporter says

ECONOMYNEXT – A top Sri Lankan tea exporter has said politicians are preventing the proper enforcement of regulat...

September 15, 2016 1 min read

Sri Lanka low grown tea prices at two-year high

ECONOMYNEXT – Although Sri Lanka’s tea output is lower this year compared with last year, prices have pick...

September 9, 2016 1 min read

Sri Lanka low grown July tea crop at 10-year low

ECONOMYNEXT – Production of low-grown teas, which make up a bulk of the island’s crop and are grown mainly...

September 1, 2016 2 min read

Sri Lankan tea industry opposes govt seizing cess fund

ECONOMYNEXT – Sri Lanka’s tea industry has opposed a reported government attempt to take over a cess fund ...

August 29, 2016 4 min read

Sri Lanka weedicide ban raises costs, reduces crops of loss-making plantations

ECONOMYNEXT – Sri Lanka’s Regional Plantation Companies have said an ‘illogical’ and ‘a...

August 26, 2016 2 min read
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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
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Turnover Rs 3232.70 million 2975.05 million
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today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Sri Lanka July 2016 tea exports down 10-pct

ECONOMYNEXT – Sri Lankan tea exports fell 10% or by three million kilos to 25.7 million kilos in July 2016 from a...

August 25, 2016 1 min read

Sri Lanka plantations say unable to continue to justify large losses to shareholders

ECONOMYNEXT – Sri Lankan plantation companies said they cannot justify large loses to shareholders and remain in ...

August 23, 2016 2 min read

Sri Lanka tea crops remain low despite global recovery

ECONOMYNEXT – Sri Lanka’s tea production remains low, with most plantation companies continuing to suffer ...

August 18, 2016 1 min read

Land diversification at Sri Lanka's privatized plantations stuck at state 'Golden Shareholder'

ECONOMYNEXT - A so-called 'Golden Shareholder' in for the state is blocking sub-leasing of privatized plantations, makin...

August 9, 2016 3 min read

Sri Lanka June tea output down 14.3 pct on heavy rain

COLOMBO, July 27 (Reuters) - Sri Lanka's tea output in June fell 14.3 percent from a year earlier because of heavy rain ...

July 27, 2016 1 min read

Sri Lanka state bank credit to pay plantations interim wages

State-run Bank of Ceylon and People's Bank will advance cash to pay an interim salary hike to workers in privatized plan...

July 26, 2016 1 min read

Sri Lanka export crops at risk of climate change

ECONOMYNEXT - Many areas of Sri Lanka will experience future changes in temperature, rainfall, evaporation and sea level...

July 15, 2016 2 min read

Sri Lanka tea prices rise at Colombo auction

ECONOMYNEXT – Sri Lankan tea prices rose at this week’s Colombo auction with some types grown on plantatio...

July 14, 2016 2 min read

Sri Lanka instant, RTD tea exports on upward trend: research report

ECONOMYNEXT – Exports of ‘instant tea’ and ‘Ready to Drink (RTD) tea’ from Sri Lanka ar...

July 13, 2016 1 min read

Sri Lanka tea prices seen rising on lower crops

ECONOMYNEXT – Sri Lankan tea prices are expected to continue their recovery in the months ahead as quality improv...

July 8, 2016 1 min read