website hit counter
Sunday, April 20, 2025
Sunday, April 20, 2025

HomeBusinessJanuary tea sales average rises in rupees, falls in dollars

January tea sales average rises in rupees, falls in dollars

January tea sales average rises in rupees, falls in dollars

spot_img

According to data from the Sri Lanka Tea Board, Sri Lanka’s national tea sales average for January 2025 increased marginally in rupees but saw a slight decline in dollar terms.

The monthly average was Rs. 1,185.43 (US$ 4.03) per kilogram, an increase of Rs. 0.61 from December 2024 but reflecting a decline of US$ 0.05 due to currency fluctuations.

Among the top tea varieties, the top tea varieties recorded annual gains in both rupees and dollars, averaging Rs. 1,105.66 (US$3.76), down by Rs. 15.43 and US$0.34 from January 2024.

Medium-sized teas showed a mixed performance, declining by Rs. 48.24 from a year ago to Rs. 1,038.05 but increasing by US$0.13 to US$3.53.

Lower-grade teas, which account for the majority of Sri Lanka’s tea exports, fell in both local and dollar terms, down by Rs. 136.39 and US$0.09 to Rs. 1,255.60 (US$4.27).

Latest articles

Thousands of protesters against Trump across USA

Thousands of protesters rallied in Washington and other cities across the US on Saturday...

Zelensky says attacks continue despite Putin’s ‘Easter truce’ promise

Ukrainian President Volodymyr Zelensky has accused Russia of creating the "sense" of a ceasefire...

Easter Sunday Attack PCoI Report Handed Over to CID

The Secretary to the Ministry of Public Security has handed over the report of...

“Pain Remains, So Does Our Responsibility”: PM Marks Easter with Pledge for Justice

Prime Minister Harini Amarayriya, in her official Easter message, extended heartfelt wishes to Christians...

More like this

Profit-booking pushes gold to all-time high

Gold fell on Thursday as investors booked profits after gold hit an all-time high...

EPF announces 11% interest after assets rise to Rs 4.38 trillion in 2024

The Employees' Provident Fund (EPF) consolidated its position as the leading institution in the...

People’s Bank Introduces Affinity Credit Card for Bandaranayake College OBA

People’s Bank has proudly unveiled a new Affinity Credit Card in partnership with the...