website hit counter
Sunday, March 9, 2025
Sunday, March 9, 2025

HomeBusinessTea sales show decline in February 2025

Tea sales show decline in February 2025

Tea sales show decline in February 2025

spot_img

Sri Lanka’s national tea sales recorded a decline in February 2025, with the average price per kilogram falling to Rs. 1,168.93 (US$ 3.96). This represents a decrease of Rs. 16.50 (US$ 0.07) compared to the average price of Rs. 1,185.43 (US$ 4.03) in January 2025.

Year-on-year, the average price in February 2025 decreased from Rs. 1,320.71 (US$ 4.25) to Rs. 151.78 (US$ 0.29).

The national average sales for the year 2025 so far were Rs. 1,177.35 (US$ 4.00), reflecting a decrease of Rs. 116.43 (US$ 0.11) compared to the 2024 average of Rs. 1,293.78 (US$ 4.11).

An analysis of tea sales by altitude revealed mixed results for February 2025. Except for high-ground tea, all altitudes recorded a decrease compared to the previous month.

The high-ground tea category showed a negative variation in Sri Lankan Rupee (LKR) terms but recorded a positive gain in US Dollar terms year-on-year. In contrast, the medium and low-growing categories recorded a year-on-year increase of Rs. It recorded an increase of 1,177.35 and experienced negative fluctuations against the US dollar.

Latest articles

Vraie Cally Balthazar Announced as NPP’s Colombo Mayoral Candidate

NPP Executive Committee member Vraie Cally Balthazar has been announced as the Mayoral Candidate...

Over 20 Senior Police Officers Transferred with Immediate Effect

The Police Headquarters has announced the transfer of over 20 Senior Superintendents of Police...

Land Allotted to Murali’s Company Triggers Fierce Debate in Jammu and Kashmir Assembly

CPI(M) MLA Muhammad Yousuf Tarigami has questioned the allotment of land to Sri Lankan...

“Mr. President, Bravo! My Heart is With You” – IMF Chief Lauds AKD

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, lauded President Anura Kumara...

More like this

Tourism leaders push for urgent promotional campaigns to meet Sri Lanka’s 2025 targets

As Sri Lanka experiences a surge in tourist arrivals compared to last year, industry...

CEB December quarter profit falls amid tariff cuts

State-owned utility provider Ceylon Electricity Board (CEB) managed to report a profit for the...

US-Sri Lanka ties poised for growth in biotechnology and energy: Policy expert

Sri Lanka has significant opportunities to collaborate with the United States in the biotechnology...