Mixed bag in Oct. for national sales average of tea

Thursday, 6 November 2025 06:15 - - {{hitsCtrl.values.hits}}

National Sales Average (NSA) of tea for October has declined Month-on-Month (MoM) though reflecting an increase Year-on-Year (YoY), according to Forbes and Walker Ltd.

It said NSA in October declined by Rs. 14.48 to Rs. 1,177.14 per kilo (by $ 0.07 to $ 3.87) as against September average of Rs. 1,191.62 ($ 3.94).

In comparison to the October 2024 average of Rs. 1,172.15 ($ 3.99), was an increase of Rs. 4.99 and $ 0.12.

Total NSA year to date was Rs. 1,161.99 ($ 3.87), a decline of Rs. 74.93 ($ 0.21) against the corresponding year’s average of Rs. 1,236.92 ($ 4.08).

High Grown average for the month recorded a decline of Rs. 8.57 and $ 0.05 month on month, whilst an increase of Rs. 19.48 and a decrease of $ 0.07 was witnessed against the corresponding month in 2024.

Medium Grown average for the month recorded a positive variance of Rs. 3.43 and decrease of $ 0.01 month on month. In comparison to the corresponding monthly average last year, shows an increase of Rs. 13.06 and decrease of $ 0.08.

Low Grown average for the month recorded a decrease of Rs. 19.66 and $ 0.09 month on month, whilst against the corresponding average of October 2024 shows a decrease of Rs. 1.11 and $ 0.15.

Forbes and Walker said all regions recorded negative variances during the period January-October 2025 in comparison to the cumulative corresponding period of 2024 in both LKR and USD terms.

Export earnings from tea in September rose by 17% to $ 137 million and by 9.8% to $ 1.16 billion in the first nine months according to the Sri Lanka Export Development Board data.