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

» lOFC definitely will hit 6/-
by glad Today at 1:21 pm

» Sri Lankan Billionaire Dhammika Perera may Spend Rs. 10 Billion for a Presidential Campaign without any Risk! His Daily Casino Profits said to be over Rs. 50 Million
by sanjulanka Today at 11:14 am

» Plantation sector
by sanjulanka Today at 11:07 am

» CIND. N HIGHLY RECOMMENDED
by Bakka1988 Today at 9:01 am

» Who is Next President Candidate
by Capton KIng Cool Today at 8:58 am

» who is our next president
by Yahapalanaya Today at 7:14 am

» Dump junks and pump to value stocks
by hammurabi Yesterday at 7:07 pm

» CBSL to reduce lending rates further to help SMEs
by fireshelter Yesterday at 6:28 pm

» WHY DID MARKET COME DOWN? BY 51POINTS
by Capton KIng Cool Yesterday at 3:36 pm

» wining and Speculative stocks
by Capton KIng Cool Yesterday at 3:01 pm

» Will ACME touch the peak in this week.?
by sanjulanka Yesterday at 2:53 pm

» ACME AND LDEV
by SECsux Yesterday at 2:38 pm

» Look PAP Amazing company
by Nuwan Samarawickrama Yesterday at 12:29 pm

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by EquityChamp Yesterday at 9:36 am

» Time for BFN -ACME - LDEV -BALA
by EquityChamp Yesterday at 6:47 am

» Guys Look for DPL@5.20
by fireshelter Sun Jul 21, 2019 10:53 pm

» LLUB Pattern reversed. Good buy @60, target +20%
by EquityChamp Sun Jul 21, 2019 8:37 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Sun Jul 21, 2019 8:33 pm

» Look APLA its trending to 98LKR
by EquityChamp Sun Jul 21, 2019 11:56 am

» SLTL should touch 30/-
by Teller Sat Jul 20, 2019 9:29 pm

» Sri Lanka Dialog Axiata net profits up 21-pct in June quarter
by EquityChamp Sat Jul 20, 2019 9:14 pm

» RCL.N0000 - Trading at a discounted prcice.
by EquityChamp Sat Jul 20, 2019 9:07 pm

» SFIN.N will hit Rs 15.50 today
by Teller Sat Jul 20, 2019 5:15 am

» CSE BULLISH MODE TO CONTINUE
by Yahapalanaya Fri Jul 19, 2019 9:34 pm

» AEL lovers good news..Rusi again back on the track to AEL....
by samansilva Fri Jul 19, 2019 12:25 pm

» TKYO.X0000 will it move furthur?
by MarketRambo Fri Jul 19, 2019 10:24 am

» Softlogic Eyes Asia, Africa For Expansion
by Capton KIng Cool Fri Jul 19, 2019 9:02 am

» Tommorow's winning encounters
by Winner123 Thu Jul 18, 2019 9:19 pm

» BFN BFN BFN ගොන් කම අත ඇරල ටික කාලයක් අල්ලන් හිටියනම් ඔක්කොමලා ගොඩ BFN BFN BUY AND HOLD -
by sanjulanka Thu Jul 18, 2019 3:38 pm

» Market will test 4700
by Promoney Thu Jul 18, 2019 10:38 am

» NEXT RUN People's leasing and Finance WAIT AND WATCH ENJOY RIDE..
by karuna2 Thu Jul 18, 2019 1:07 am

» SFIN.N will be the next bull run
by Bakka1988 Wed Jul 17, 2019 4:33 pm

» Next super star SINGER FINANCE..
by samansilva Wed Jul 17, 2019 9:49 am

» LOFC -XR big transaction
by Promoney Tue Jul 16, 2019 10:03 am

» Momentum will begin after 5400
by prabath Tue Jul 16, 2019 8:12 am

» WATA future looks good
by Teller Tue Jul 16, 2019 3:36 am

» RICH is not bad @ 9/-
by Teller Tue Jul 16, 2019 3:33 am

» NEXT GEM.. HNB Non voting (HNB X)..
by samansilva Sat Jul 13, 2019 11:20 pm

» LIOC upward curve
by samansilva Sat Jul 13, 2019 11:17 pm

» IDL IDL IDL
by samansilva Sat Jul 13, 2019 10:15 am

» No Confidance motion against the Government was defeted by 119 and 92 against. 13 Absent
by Capton KIng Cool Fri Jul 12, 2019 9:28 am

» Contact us for your bank instruments such as SBLC/BG/LC/MTN 100% Protected
by summitplc Thu Jul 11, 2019 10:04 pm

» Contact us for your bank instruments such as SBLC/BG/LC/MTN 100% Protected
by summitplc Thu Jul 11, 2019 10:00 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