Home / Business/ NSA for tea in November up Rs. 44.24 per kilo

NSA for tea in November up Rs. 44.24 per kilo

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 5 December 2019 00:00


The National Sales Average (NSA) for tea in the month of November 2019 totalled Rs. 569.67 vis-à-vis Rs. 525.53 of October 2019, showing a significant increase of Rs. 44.24 month on month. In comparison to November 2018 average of Rs. 584.58, however, shows a decrease of Rs. 14.91 YOY. 

Forbes and Walker Tea Brokers said when analysing the respective elevational averages for the month of November 2019 - High Growns totalling Rs. 540.81 for November 2019 have recorded the highest increase month on month of Rs. 63.22 vis-à-vis Rs. 477.59 of October 2019. However, when compared to November 2018 average of Rs. 547.64, a marginal decrease of Rs. 06.83 is recorded YOY. Mediums averaging Rs. 491.21 for November 2019 have also recorded a significant increase of Rs. 52.89 vis-à-vis Rs. 438.32 of October 2019. However, against November 2018 average of Rs. 516.22, shows a decrease of Rs. 25.01. Low Growns too totalling Rs. 599.00 for November 2019 have recorded an increase of Rs. 37.01 vis-à-vis Rs. 561.90 of October 2019. Meanwhile, it shows a decrease of Rs. 16.56 YOY when compared to Rs. 615.56 of November 2018.

Forbes said the January-November 2019 cumulative average of Rs. 542.34, showed a fairly significant decrease of Rs. 40.21 is recorded vis-à-vis Rs. 582.55 of January-November 2018.

High Growns for the period January-November 2019 of Rs. 506.40 have shown the highest decrease of Rs. 65.55 vis-à-vis Rs. 571.95 of January-November 2018. Mediums too averaging Rs. 467.51 have shown a significant decrease of Rs. 55.41 vis-à-vis Rs. 522.92 of January-November 2018. Meanwhile, Low Growns totalling Rs. 573.84 for January-November 2019 have shown the least deficit of Rs. 27.48 vis-à-vis Rs. 601.32 of January-November 2018.

Both, the month and cumulative averages, show a greater decrease in dollar terms compared to the corresponding period of 2018 due to the devaluation of the Sri Lankan Rupee YOY, Forbes and Walker Tea added.

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 Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.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

Autocatalytic descent from plural democracy to supremacist authoritarianism

Wednesday, 29 January 2020

In a few days, Sri Lanka will celebrate its 72nd year of independence from colonialism. But behind the pomp and pageant of that celebration is a sad reality of an autocatalytic process – a small initial event triggering a chain reaction that evolve

Trump destroying brand USA: Implications for Sri Lanka

Wednesday, 29 January 2020

There is an old adage that ‘politics and tourism’ has a positive correlation. Many have tried to disprove this aspect but the relationship is coming out very strongly, the latest case study to the world being in the United States. Trump cost $4.

Freedom! Freedom! Where art thou?

Wednesday, 29 January 2020

Freedom: who could object? Yet this word is now used to justify a thousand forms of exploitation. In the name of freedom – the freedom of the powerful to exploit the weak, the rich to exploit the poor. The definition of freedom is, the condition of

Development project information: Public expectations and their right to know

Wednesday, 29 January 2020

Infrastructure development will be at the centre-stage during the next five years, irrespective of which mainstream political party will be in power. This writer has previously had articles published in the Daily FT on building regulations, infrastr

Columnists More