Agri Business

CIS, W. Asia demand adds flavour to Lankan tea

R. K. Radhakrishnan Colombo | Updated on February 25, 2011

Although irregular, there was good demand for tea at this week's auction, after orders came in from CIS, Turkey, UAE, Iran, Kuwait, Saudi Arabia and Iraq.

The total offering was 6.6 million kg (mkg), including 1.1 mkg of ex-estate offerings. Select range of seasonal quality Westerns moved up on inquiry, while the demand for CTC B1s improved, gaining (Lankan) Rs 20-30 a kg. Liquoring leaf teas, particularly those from NuwaraEliya, were sold at Rs 500-700 a kg, according to Forbes and Walker Tea Brokers.

There was demand for low growns that totalled 3.4 mkg in the leafy/tippy category. Perkoes maintained previous levels.

Published on February 25, 2011

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