10.4 C
Imphal
Friday, February 3, 2023
No menu items!

SL tea output falls 18 pc

The Island newspaper on Tuesday reported that from January-September 2022, the total production was 192.37 million kg, down from 234.72 million kg for the same period in the previous year.

Must Read

Colombo:Sri Lanka’s tea production dropped by 7.8 per cent last month from a year earlier to 20.9 million kg while the total output for the first nine months of 2022 dipped 18 per cent from the previous year, according to industry data.

The Island newspaper on Tuesday reported that from January-September 2022, the total production was 192.37 million kg, down from 234.72 million kg for the same period in the previous year.

- Advertisement -

“This would be the lowest recorded for the period under review since 1996 where it recorded 188.40 million kg for the corresponding period,” say the data published by the Forbes and Walker Tea Brokers.

“On a cumulative basis, all elevations have shown a decline over the corresponding period of 2021.”

In September 2022, high grown teas moved up 14.05 per cent to 4.6 million kg, medium grown fell 3.6 per cent to 3.4 million kg and low-grown were down 14.5 per cent to 14.7 million kg.

The national average tea price in the month of September was $5.52 dollars or Rs 1,981.63.

Lankan tea has been earning higher prices for tea exports in rupees after the currency was depreciated in March against the US dollar in 2022.

September tea exports too dipped 8.11 per cent to 21.54 million kg. Even in 2020, amidst the Covid-19 pandemic, the country produced 201.43 million kg for the period.

- Advertisement -
- Advertisement -

Latest News

259 candidates in fray for Tripura Assembly polls

Agartala: As many as 259 candidates are in fray for the forthcoming Tripura Legislative assembly election after 32 candidates...
- Advertisement -

More Articles Like This

- Advertisement -