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08 June 2015
Sri Lanka’s tea prices continue tumbling downhill
Lanka’s tea prices have gone down consecutively for the fifth month
during the auctions in May this year while significant in this downward
trend are the prices of low grown tea when compared to the previous
When compared to the Colombo auctions in May 2014, a kilo of tea at
the Colombo auctions had gone down by approximately Rs. 17 to Rs.
396.55. A significant feature is the approximate prices being low when
considered in US dollars as well.
While the crisis situations in Sri Lanka’s main tea markets like
Russia and the Middle Eastern countries has caused the tea prices to
tumble, the prices of all varieties of tea, low, mid and high grown have
In May this year the approximate price of high grown tea has gone
down by Rs. 52.53 to Rs. 364.58 while the price of mid grown tea has
tumbled by Rs. 65.68 to Rs. 355.74.
The low grown teas have fetched the lowest prices while this May they
have recorded an approximate price of Rs. 422.41 – a decrease of Rs.