After record 2013, tea industry kicks off 2014 with NSA up 20% in January

Monday, 10 February 2014 00:08 - - {{hitsCtrl.values.hits}}

Hot on the heels of a record year in 2013, the tea industry has kicked off the New Year with a positive start as sale averages for January at auctions have increased by Rs. 86.45 or 20.4% to Rs. 509.78 per kilo. According to Ceylon Tea Brokers Plc, High Growns recorded Rs. 452.75 a gain of (+Rs. 20.46) compared to the same period last year whilst Medium Growns recorded Rs. 452.37 in 2014 vis-à-vis Rs. 382.84 (+Rs. 69.53) in 2013. Low Growns recorded Rs. 543.67 in 2014 vis-à-vis Rs. 430.15 (+113.52) in 2013. CTC total average for the month of January 2014 recorded Rs. 471.43 as against Rs. 422.92 (+Rs. 48.51) in 2013. The total Orthodox average for the month of January 2014 was Rs. 511.55 vis-à-vis Rs. 423.36 (+Rs. 88.19) in 2013.

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