Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» Pakistan’s trade with Sri Lanka comes to a halt
by hammurabi Yesterday at 11:12 pm

» New Support Level 5300
by hammurabi Yesterday at 8:47 pm

» Market will test 4700
by hammurabi Yesterday at 8:13 pm

» EAST Steady at 18
by m2_yapa Yesterday at 7:18 pm

» LIOC upward curve
by hammurabi Yesterday at 7:14 pm

» UNION BANK (UBC) to be takeover by Union bank of india
by Lucky Gamage Yesterday at 6:26 pm

» SEC yet to publish its 2017 Annual Report
by Teller Yesterday at 5:10 pm

» Keep eye on Politics
by Teller Yesterday at 5:01 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Yesterday at 1:44 pm

» HNB Assurance March net down 83-pct
by Teller Yesterday at 1:18 pm

» PABC net down 13-pct in March; loans contract
by Teller Yesterday at 1:15 pm

» Indian stocks jumped to record highs
by Teller Yesterday at 1:13 pm

» modi wins-India to no1 in the world
by Teller Yesterday at 1:07 pm

» Hayleys revenue up 34% YoY to Rs 219 bn in FY 18/19
by Teller Yesterday at 1:02 pm

» undervalued stock
by Teller Yesterday at 1:00 pm

» CIND , 10% guaranteed return
by Teller Yesterday at 12:57 pm

» CSE from Dawn of Peace to Rebirth of Terrorism
by Sstar Yesterday at 12:09 pm

» INVITATION TO FORUM MODERATORS
by Agape Yesterday at 8:52 am

» Reputation???
by Uaecoindubai Wed May 22, 2019 7:12 pm

» Daily Stock Market Update
by Insights Equity Wed May 22, 2019 6:47 pm

» INVEST ON AAIC, HASU, UAL.... YOU WILL NEVER WORRY......
by wisdom79 Wed May 22, 2019 5:56 pm

» AIA INSURANCE DE-LISTING (CTCE)
by lokka1 Wed May 22, 2019 12:55 pm

» Sri Lanka’s Top 10 Imports
by Gajaya Wed May 22, 2019 11:16 am

» Top 10 Small Scale Business ideas & Opportunities in Sri Lanka 2019
by Gajaya Wed May 22, 2019 11:15 am

» when bank lending rates put down ?
by nuwanmja Wed May 22, 2019 11:01 am

» Sri Lanka’s largest pension fund EPF return to Colombo Stocks
by wisdom79 Tue May 21, 2019 10:46 pm

» Sri Lanka's EPF enters stock market with blood in the streets
by God Father Tue May 21, 2019 8:21 pm

» Sri Lanka caught in the big power conflicts
by God Father Tue May 21, 2019 8:16 pm

» High Profile Selling at EAST
by Uaecoindubai Tue May 21, 2019 4:43 pm

» A Trader’s Guide to FIX Engine
by Brenda John Tue May 21, 2019 11:24 am

» Reasons for market to crash
by Uaecoindubai Tue May 21, 2019 10:08 am

» ගෙවුම් ශේෂය, වාහන බලපත් හා ඩොලරයේ මිල
by ChooBoy Mon May 20, 2019 5:59 pm

» Terrorism and its Impact on the Sri Lankan Economy
by ChooBoy Mon May 20, 2019 5:41 pm

» Sri Lanka Equity Market Place
by Sstar Mon May 20, 2019 4:36 pm

» Sri Lanka Equity Market Talk
by Sstar Mon May 20, 2019 12:23 pm

» Sri Lanka Equity Market Help
by Sstar Mon May 20, 2019 12:18 pm

» LOFC IN FOR A BIG RUN
by stockback Sun May 19, 2019 5:20 pm

» Look PAP Amazing company
by Uaecoindubai Sun May 19, 2019 5:13 pm

» Sri Lanka Equity Market Place
by Uaecoindubai Sun May 19, 2019 5:13 pm

» CSE NOW AND AFTER ELECTION
by Ahcha Sun May 19, 2019 4:40 pm

» Do not be greedy, rely on small profits Guide to the markets
by Asoka Samarakone Sun May 19, 2019 12:11 pm

» 6 % of EPF funds in stock market
by hammurabi Sat May 18, 2019 3:47 pm

» Weekly Stock Market Roundup
by Insights Equity Sat May 18, 2019 12:54 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Significant demand for Ceylon Tea from global South

Significant demand for Ceylon Tea from global South

Go down  Message [Page 1 of 1]

Namal


Senior Equity Analytic
Senior Equity Analytic
Support from Russia, Iran, CIS countries and Turkey was of note at the Colombo tea auctions, tea brokers said. Support from Libya and Iraq as well was a significant plus to the sales which boosted Colombo’s auction results last week.


Particularly Nuwara Eliya BOPs were reported to have gained Rs. 40 to 50 per kilo. Additionally, Westerns too sold well, the reports said.


Just about 1 million kilos were on offer on the Ex Estate catalogue.


Total quantity offered was 7.29 million kilos. Low growns offered 3.1 million kilos which also met with success.


Reports also suggested a slight drop in production, comparing results for March. March 2018 production was 28.6 million kilos. 2019 March production, as recorded by the Tea Board, was 28. 1 million kilos. Consensus was that this did not project debilitating influences.


The estate sector was reported to be functioning normally with no aftershocks from the Easter Sunday carnage influencing production.


However, analyzing January to March production results, this year crop achievement of 73.1 million kilos was 1.1 million kilos less than in 2018. First quarter results 2018 were 74.3 million kilos. Cumulatively, medium grown results were recorded in the plus segment, but comparatively high grown and low growns showed deficit in production.


Ceylon Tea Brokers reported Sri Lanka’s average for March was Rs.585.92 per kilo. March 2018 average was Rs. 613.75 indicating a drop of Rs. 27.83 per kilo.


Market conditions in the immediate future were predicted to be normal with no upheavals expected.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum