Home / Business/ Craighead Estate achieves all time record price

Craighead Estate achieves all time record price


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 12 July 2018 00:00


 

Craighead Estate, Udahentenna, achieved an all-time record price of Rs. 1300 per kg for an OP1 grade in the Western Medium category, at the weekly tea auctions held on 10 July. This line of teas was purchased by M/s. St Clair Teas Ltd and marketed by M/s. Forbes & Walker Tea Brokers Ltd. 

Craighead is reputed for producing high quality, award winning teas, and has the distinction of achieving the following all time record prices in the Western Medium Elevation category: FBOPF1 at Rs. 1100; FBOP at Rs. 1800; BOP1 at Rs. 1360; and OP1 at Rs. 1300.

Craighead is situated in Nawalapitiya in the Kandy planting district, at an elevation of 800 m above sea level, and was originally built in 1914. This factory has an annual capacity of 550,000 kgs of made tea, and is certified under UTZ, Ethical Tea Partnership and ISO 22000:2005 Management System Certified for Manufacture of Black Tea. 

Craighead is managed by Abhishek Samarakoon, assisted by factory manager K. G. Kudabanda, and comes under the purview of Plantation Director Chaminda Guneratna for Kahawatte Plantations PLC, who are the managing agents for this estate.


Share This Article


DISCLAIMER:

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 Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.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

COMMENTS

Today's Columnists

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


The bald truth about fake news, etc.

Friday, 21 September 2018

In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet


Withholding Taxes – What, why, when?

Thursday, 20 September 2018

The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the


Columnists More