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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sri Lanka high grown teas up, low growns ease in April 29/30 auction EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
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» DV-2024 Program: Online Registration
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    Sri Lanka high grown teas up, low growns ease in April 29/30 auction

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Sri Lanka high grown teas up, low growns ease in April 29/30 auction Empty Sri Lanka high grown teas up, low growns ease in April 29/30 auction

    Post by The Invisible Mon May 04, 2020 11:42 am

    ECONOMYNEXT – Sri Lanka’s high grown Ceylon teas made gains at the last auction in April, while low growns eased after steep prices gains were seen earlier in April when auctions resumed in Colombo after a Coronavirus shutdown.

    At the auction on April 29/30, 4.5 million kilograms of tea were sold with 0.6 million kilograms in Ex-estate tea for which demand was strong in particularly BOPF grades. About 1.7 million kilograms in low grown (Leafy/Tippy) tea for which demand was significantly lower.

    Most active markets buying tea from Sri Lanka at the moment was Turkey, Russia, Saudi Arabia, Ukraine and Iraq, brokers said.

    Ex-state teas met with strong demand with high grown BOPF grades in gaining 50 rupees a kilo while BOPs fell around 40, data from Ceylon Tea Brokers showed.

    The National Average for April sales was 693.71 rupees/3.6 US dollars with the US dollar at 192.85 rupees.

    The high grown average was 657.43/3.4 dollars, medium average was 616.65/3.2 dollars, low grown average was 737.97/38 dollars.

    The tea auction is now conducted online.



    In high grown teas, select Best Westerns fell 50 rupees, Below bests fell about 20-40 rupees. Pussellewa’s were 20-30 rupees lower.

    In Best and Below Best categories, prices were firm and up 20/3 rupees on reasonable quality teas. Nuwara Eliya’s were about 50 rupees lower and, Uda Pussellawa’s were 20-30 rupees lower and Uva clean leaf sorts were up 20-30 rupees.

    In medium grown teas BOP was firm, BOPF was about 10-30 rupees higher.

    Low grown BOP1 Select Best and Below Best were firm, OP1, and OP were lower.

    CTC

    In CTC teas High grown BP1 and PF1 grades up 10-20 rupees. Mid-grown BP1s were also up 20-30 rupees with PF1 prices falling towards the end of the auction.

    Low grown BP1s were around last week levels.

    Production

    Tea production for the month of March 2020 hit a 10-year low amounting to 13.28 million kilograms, reports show.

    Sri Lanka produced 28.36 million kilograms a year earlier, showcasing a year-on-year drop of 15.08 million kilos in March 2020.

    Elevation wise brokers reported a decrease of 2.35 million kilos in High, Medium and Low Growns.

    All planting districts reported a moderate increase in the crop intake as clear and sunny weather prevailed throughout all planting regions.

    In key global markets Mombasa Auction of the 27th/28th Apr, 2020 recorded good demand for the 12,284,115.50 kilos on offer at irregularly easier rates.

    Jakarta Auction concluded with fair tending better demand at irregular levels for an offered total of 6,300 packages. (Colombo/Apr03/2020)

      Current date/time is Wed Jun 19, 2024 11:36 pm