Home / Agriculture/ Widespread and better demand throughout Colombo Tea Auction

Widespread and better demand throughout Colombo Tea Auction

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 11 July 2019 00:35

By John Keells PLC

With the improvement of quality, there was widespread and better demand throughout the Colombo Auction. It was encouraging to witness buyer support for the better teas on offer which also had a positive impact on the below best and the secondary teas. 

This trend is expected to continue with the shippers to Russia collecting inventories for the Winter season. It was also evident that shippers to Iran were more active and is likely to continue in the weeks to come. 

With the weather brightening up rapidly in the eastern slopes of the country, we are expecting to see Uva seasonal teas in the auctions during the month of August. Weather conditions currently are conducive for quality manufacture. 

Yesterday’s 1.1Mkgs of Ex Estate teas on offer met with improved demand. Select best Western BOPs were irregularly dearer following quality, whilst the below best types were keenly sort after. Plainer varieties were neglected. The select best Western BOPFs were dearer following special inquiry. 

There was improved demand for the below best types with a descent leaf appearance and reasonable liquors, the plainer types however were neglected. Brighter Nuwara Eliya BOP/BOPFs sold well, others were easier. 

Clean leaf, Coloury Uva/Udapussellawa BOP/BOPFs appreciated, whilst the plainer types were irregularly lower. There was widespread demand for CTC PF1s from all elevations. The BP1s, however, were difficult of sale.  The 3.1Mkgs of Low Grown teas which were on offer met with fair demand. Select best and best BOP1s were firm. OP1s were irregularly lower. OP/OPAs met with irregular demand. Well-made Pekoe/Pekoe1s were firm, balance shed following quality. In the Small leaf segment, Select best BOP.SP/BOPF.SP and BOPFs were firm. Select best BOPs met with fair demand. FBOPs gained a few rupees. FBOPF1 varieties attracted improved interest. Excellent demand for the FBOPFs continued. All Premium Flowery Teas appreciated several rupees. 

Russia, Turkey, Iran and the C.I.S. countries were active. Libya and Iraq lent fair support.


Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

A child’s guide to MCC Compact Sri Lanka

Monday, 18 November 2019

Intelligent children, unlike some of the adults, are curious, probing and questioning. They do not jump to conclusions until and unless they are convinced of facts that have been presented to them. Asani, a student in the Advanced Level class in a le

Re-thinking voting

Saturday, 16 November 2019

We use our vote (in a democracy) to elect those who should govern us. We can only be governed as long as we are alive. Therefore, our current age and life expectancy determine how long we have left to be governed! So, should the younger population, h

Ministry of Religious Affairs and Interfaith Harmony: A nation rich in unity

Friday, 15 November 2019

This series is based on business leader Dhammika Perera’s recently revealed ‘Economic Growth Strategy and Action Plan to increase GDP Per Capita from $ 4,000 to $ 12,000’. The document outlines goals and action plans for 23 ministries and to

Securing a People’s Constitution

Friday, 15 November 2019

The need for making a People’s Constitution has become a topic of interest not only among the public but also among some candidates of the Presidential Election. Rohan Pallewatte and Mahesh Senanayake have included it in their election manifestos.

Columnists More