Sri Lanka national tea sales average up in Jan 2021

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All elevations show an increase YOY in LKR and USD terms

Feb 03, 2021 (LBO) – The National average for the month of January 2021 of Rs. 645.02 (USD 3.40) has shown an increase of Rs. 56.17 vis-à-vis Rs. 588.85 (USD 3.28) of January 2020, Forbes & Walker Tea Brokers said in a report.

However, the report shows a marginal gain of Rs. 0.95 vis-à-vis Rs. 644.07 (USD 3.47) of December 2020. 

When analysing the respective elevational averages, High Growns, totalling Rs. 613.29 (USD 3.23), have shown a significant gain of Rs. 77.43 vis-à-vis Rs. 535.86 (USD 2.98) of January 2020. However, shows a decrease of Rs. 23.47 when compared to the December 2020 average of Rs. 636.76 (USD 3.43). Medium Growns, totalling Rs. 585.37 (USD 3.09) for January 2021, have shown a substantial increase of Rs. 90.75 vis-à-vis Rs. 494.62 (USD 2.75) of January 2020, whilst showing a marginal decline of Rs. 4.22 when compared to the December 2020 average of Rs. 589.59 (USD 3.17).

Meanwhile, Low Growns, totalling Rs. 673.04 (USD 3.55), have shown an increase of Rs. 44.30 vis-à-vis Rs. 628.74 (USD 3.50) of January 2020. In the case of Low Growns, a gain of Rs. 11.27 is recorded vis-à-vis Rs. 661.77 (USD 3.56) of December 2020.

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Mathew
Mathew
5 months ago

Sri Lanka’s main source of income mostly depends on the export of tea to various countries, as we have the best tea with many unique flavors and also brewing system is also different.