January tea output up 7.8%

Saturday, 27 February 2016 00:00 - - {{hitsCtrl.values.hits}}

Reuters: Sri Lanka’s January tea output rose 7.8% from a year earlier, the first monthly gain in five, as favourable weather helped boost output, the State-run Tea Board said on Thursday.

Sri Lanka’s 2015 tea output fell 2.7% from the previous year and missed forecasts for the second consecutive year due to heavy rains and volatile global prices for the commodity.

“There was a shortfall last few months of the last year. But the weather was good in January and February,” S. A. Siriwardena, Director General of the Sri Lanka Tea Board, told Reuters.

Tea, Sri Lanka’s top agricultural export commodity, is one of the main foreign currency earners for the $78.6 billion economy.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.