SALE NO: 35 – 4th and 06th September, 2017
The Sri Lankan National average stood at Rs.606.86 per kg for the month of August 2017. This is significantly higher to the Rs.476.41 achieved during the same month in 2016. The biggest gains have been from the High Grown (34%) followed by the Medium Grown (27.5%) and Low Grown (26%). The to-date (Jan-Aug) National Average stands at Rs.611.22 compared to the Rs.434.13 per kg achieved during the same period last year which is a substantial increase of 41%.
Today’s 0.75 Mkgs of Ex Estate teas on offer met with fair demand. Western BOPs were generally firm, whilst the BOPFs were dearer. Nuwara Eliya BOPs were irregularly lower, whilst the BOPFs too were easier from last week’s levels. Uda Pussellawa BOPs were generally firm, whilst the BOPFs were irregular following quality. Uva Seasonal BOPs were irregular following special inquiry, whilst the BOPFs too followed a similar trend, but at lower levels. Low Grown BP1s were firm on last levels, whilst the High and Medium sorts were irregularly lower. Low Grown CTC PF1s were dearer and met with good demand, whilst the High and Medium sorts too were firm to a little dearer.
The 3.1 Mkgs of Low Growns teas that were on offer met with good demand. In the Leafy category, Select best and best OP1s maintained last level. Select best and best BOP1s gained. OP/OPAs declined several rupees following quality. Pekoe/Pekoe1s attracted better interest. In the Small segment, Select best and best BOP/BOP.SPs and BOPF/BOPF.SPs declined, however the balance maintained last levels. Select best FBOPs were steady, others gained following quality. Well made FBOPF1s were dearer, whilst the others were firm on last. Best premium Flowery teas were irregularly lower to last, whilst the others were firm.
Turkey, Russia and Iran lent good support, whilst Libya and Iraq were active.