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ECONOMYNEXT- Sri Lanka’s tea price average fell at the first auction in June, industry data showed, continuing a three-week trend, and with Low Growns, the island’s highest priced teas, showing the biggest per kilogram decrease in price of 17.64 rupees.
The national weekly sale average decreased by 8.28 rupees to 1256.98 rupees a kilogram this week, from 1267.26 rupees a week ago, industry data published by Ceylon Tea Brokers showed.
However prices were down from March highs.
Low Grown Teas
The weekly average of Sri Lanka’s highest priced teas, the Low Grown, fell by 17.64 rupees to 1346.54 rupees.
Medium Grown Teas
The Medium Grown average rose by 18.10 rupees to 1084.54 rupees.
High Grown Teas
The High Grown weekly average fell by 6.69 rupees to 1139.19 rupees a kilogram. (Colombo/June8/2024)
Source: https://economynext.com/sri-lanka-tea-prices-fall-for-third-consecutive-week-167170/
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