Record prices at this week’s auction

At this week’s Tea Auction conducted on 4 and 5 October, several All Time Colombo Tea Auction Record Prices were established for the Low Grown OP and OPA grades.

All three record prices were established through the catalogue of Lanka Commodity Brokers Ltd., whilst the respective buyers for the OP and OPA grades were Inter Tea Private Ltd., and U K Beverages Pvt. Ltd.

Lanka Commodity Brokers said the best leafy teas enjoyed stronger demand this week from buyers for Russia and the C I S as their “winter buying” is now in full force.

The all time prices established were as follows: