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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

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    Sri Lanka’s tea exports decline in August: Forbes & Walker

    sashimaal
    sashimaal
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    Sri Lanka’s tea exports decline in August: Forbes & Walker Empty Sri Lanka’s tea exports decline in August: Forbes & Walker

    Post by sashimaal Thu Sep 24, 2015 10:18 pm

    Sep 24, 2015 (LBO) – Sri Lanka’s tea exports and earnings fell in August 2015 from a year earlier, with exports dropping to 21.1 million kilos, a difference of 6.3 million kilos from the previous year, Forbes & Walker Tea Brokers said in a report.

    “Total revenue too shows a fairly substantial decline of 5.8 billion rupees year-on-year with August 2015 realizing only 13.2 billion rupees when compared to 18.8 billion rupees in August 2014,” the report said.

    Brokers said Russia has re-emerged as the largest importer of Ceylon for the period January – August 2015 displacing Turkey from the top spot.

    Tea bags declined in volume whilst bulk tea and packeted tea volumes too have declined but to a lesser extent when compared with August 2014.

    “On a cumulative basis total exports of 201.4 million kilos for January to August 2015 shows a decrease of 13.2 million kilos compared with 214.6 million kilos January to August 2014,”

    “Bulk tea exports have shown a growth year-on-year, packeted tea and tea bags have shown a negative growth,”

    “Total revenue too for the period January to August 2015 of 119.9 billion rupees show a significant decrease of 21.4 billion rupees compared to 141.3 billion rupees of January to August 2015.”
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    Sri Lanka’s tea exports decline in August: Forbes & Walker Empty Re: Sri Lanka’s tea exports decline in August: Forbes & Walker

    Post by yellow knife Fri Sep 25, 2015 7:31 am

    thanx for sharing... I am interested in Plantation sectors movements

      Current date/time is Wed Jun 19, 2024 7:00 pm