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03 October, 2013 07:14 AM Source: Financial Times - Sri Lanka
Tea LK.jpg

Total auction average for September 2013 totalled 475.83, showing a gain of Rs. 56.05 vis-à-vis 419.78 of 2012, Forbes and Walker Tea Brokers said.

“It is also noteworthy that this is the highest monthly auction average recorded, surpassing the previous best of Rs. 444.07 achieved in August 2013,” the broking firm added.

Even in USD terms a growth is evident YOY. The September 2013 average of US$ 3.60 show a growth of US$ 0.40 vis-à-vis US$ 3.20 of 2012,” Forbes added.

It also said another noteworthy feature is the total low grown monthly average of Rs. 494.96 which is also the highest on record. Furthermore, September low grown average of 494.96 shows a growth of Rs. 64.40 vis-à-vis 430.56 of 2012. Here again even in USD terms a growth is shown vis-à-vis 2012.

September low grown average of US$ 3.75 shows a growth of US$ 0.47 vis-à-vis 3.28 of 2012. More...

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