Crossfire
Rising tension in the Middle East is buing holes in the Sri Lankan tea industry as prices plummet and stocks accumulate at auctions. Low grown teas are seeing …
Agriculture
Stretch Factor
Sri Lankan investors stretched their resources to dip into plantation stocks with exposure to rubber, demand created by a giant leap in rubber prices from an …
Looking Ahead
2003 will be an eventful year says commodity brokers Asia Siyaka. A round up of the year highlights key event in the tea industry. National Policy The Sri …
Bumper crop
Tea production is expected to touch the 308-mn kilo mark for 2002 brokers predict, given improved harvests in November the same year. For the eleven months …
Beyond in 2003
Sri Lankan Tea Exports is headed for a record high, with industry officials hoping for the total export quantity to exceed the landmark 300 million kilos. …
Tea Captain
Director of Gordon Frazer – Niraj de Mel, is poised to take over as CEO of the umbrella body the Tea Association of Sri Lanka. Appointed last week, he is …
Tea (Pvt) Ltd
Moves to set up an Export Marketing Council for the tea industry is underway that will take over Tea Board promotions and include officials from the Export …
Falling Numbers
Sri Lankas tea crop slipped to 20.7 mn kilos in August, its lowest since 1999 when a figure of 19.4 mn kilos was recorded. Asia Siyaka Commodity brokers did …
Oxidising Tea
At the laboratories of the tea research centre, scientists are brewing a new cup of tea. They are testing the properties lquote Ceylon Tea grown in various …
Stretching Rubber
Out-grower schemes for rubber in non-traditional planting areas are being developed as one way to bridge an expected shortfall in top quality grades for the …
Recovery Mode
Sri Lankan tea production has swung into rapid recovery mode following a weak first quarter, to end at 181.8 mn kilos to date, up from 3.6 mn kilos the …
Unorthodox Shift
Local factions in the tea industry say the Indian threat was looming for over a year, but officials here had made no effort to plan for competition. Sri Lankan …
Adding Value
However, as always a faction continued on the lines that importation would kill the local plantations and wipe out most of the trade. On the contrary, if tea …
Value Deduction
Russian buyers favouring bulk tea over packed teas has been a leading factor in the drop. Commodity brokers say this is a disappointing tu of events and feel …
Tea And The CEO
The selection and appointment of a CEO for the Tea Association will be the first official step in forming the umbrella organisation proposed in the A.T. Keay …
Russian Ripper
Russia continues to be one of Sri Lanka quote s top buyers, importing approximately 50 million kilos a year and also the biggest value added market. A number …
Tasteless Treaty
The decision by the Joint Ministerial Committee earlier this month was prompted by a recent delay in clearing a shipment of tea to the continent. The decision …
Leaving The Bud
VAT, which comes into effect from July 1, is slapped on tea exports. But the tea trade is against the move as it pushes the weekly tea auction prices up. Under …
Stylish Teas
The Indian tea industry is pushing forward a campaign to position the traditional brew as a lifestyle drink. An initial investment of Indian Rs. 20 million is …
Globe Trotting
In a decision made earlier this year the Cairo and Istanbul offices were closed down in view of relocating them to potential growth markets. Tea Board …