Carolina CTC tea factory establishes record price at Colombo auction

Thursday, 1 December 2016 00:00 - - {{hitsCtrl.values.hits}}

At this week’s Ex-Estate Tea Auction held yesterday, an invoice of PF1 from Carolina Estate, Watawala, secured a Colombo Tea Auction record price of Rs. 600. This tea was purchased by Uniworld Teas Ltd, which is a leading buyer of both liquoring High Growns as well as Low Grown teas and was sold through the catalogue of Lanka Commodity Brokers Ltd.

Carolina Factory produces some of the best CTC Medium Grown teas and is now among the best established marks on offer at the Colombo Tea Auctions. The estate manager, Prasanna Premachandra, ensures a high standard of green leaf for manufacture and regularly monitors quality at different stages of production. This estate is managed by Watawala Plantations Plc, coming under the umbrella of Sunshine Holdings Plc.