All elevations of tea witness increase

All elevations of tea witnessed an increase in both LKR and USD terms in comparison with the corresponding year, said Forbes and Walker Research.

National tea sales average for the month of September 2024 recorded Rs. 1,207.99 (USD 4.04), showing an increase of Rs. 19.50 and USD 0.06 in comparison with the August 2024 average of Rs. 1,188.49 (USD 3.98). In comparison to the September 2023 average of Rs. 1,165.72 (USD 3.63), shows a positive variance of Rs. 42.27 and USD 0.41 YoY. Meanwhile High Grown average for the month recorded a decrease of Rs. 21.26 and USD 0.08 month on month, whilst an increase of Rs. 75.39 and USD 0.49 is recorded YoY.

Medium Grown average for the month recorded a positive variance of Rs. 8.99 And USD 0.02 month on month. In comparison to the corresponding month last year, shows an increase of Rs. 20.39 and USD 0.30 YoY. Low Grown average for the month recorded an increase of Rs. 26.01 and USD .08 month on month, whilst the YoY average shows an increase of Rs. 33.48 and USD 0.40 in the corresponding month of 2023.

All regions recorded positive variances during the period January-September 2024 in comparison to the corresponding period of 2023 in LKR and USD terms.

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