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Falling Numbers

Sri Lankas tea crop slipped to 20.7 mn kilos in August, its lowest since 1999 when a figure of 19.
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4 mn kilos was recorded. Asia Siyaka Commodity brokers did not give a reason for production drop, but said the tea crop has fallen steeply by 38 percent todate, since peaking at 33 mn kilos in May.
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For the first time this year, the high grown variety shed 16 percent to 38 mn kilos in year-on-year to August. However, low growns continued to be a winner, moving up to 13.5 mn kilos in August. With a Annual production at 202 Mn Kg is nominally ahead of last year by 1.7%, Asia Siyaka estimates September crop figures to touch 19 mn kilos.
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