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Tuesday, February 11, 2025
Tuesday, February 11, 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

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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).

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