Colombo tea auction ends February with dip in NSA

Monday, 2 March 2015 00:15 - - {{hitsCtrl.values.hits}}

The tea industry has experienced yet another dip in National Sale Averages for the month of February by Rs. 63.54 per kilo to Rs. Rs.418.29 in comparison to a year earlier. This is the second consecutive month of decline for the new year. Ceylon Tea Brokers said the cumulative Jan/Feb NSA average which recorded Rs. 495.25 for 2014 has declined by Rs. 73. 89 to Rs. 421.36 per kilo. In February High Growns recorded Rs. 412.50 as against Rs. 441.11 (-Rs.28.61) in 2014. Medium Growns recorded Rs. 390.50 vis-à-vis Rs. 420.43 (-Rs.29.93) in 2014. Low Growns recorded Rs. 425.58 vis-à-vis Rs. 510.37 (-Rs.84.79) in 2014. When comparing February 2015 figures against January 2015, the Low Grown average which recorded Rs. 441.07 in January 2015 has declined to Rs. 425.58 for the month of February same year (-Rs. 15.49) whilst the Medium Growns which recorded Rs. 378.13 in January 2015 has increased to Rs. 390.50 in February the same year (+Rs. 12.37) whilst High Growns which recorded Rs. 401.72 in January this year has increased to Rs. 412.50 (+Rs. 10.78) for the month of February same year.

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