By Steve A. MorrellAlthough tea crop levels increased at end July 2021, prices in the same period of 2020 were comparatively at higher levels, latest tea reported indicated. Plantation sources who declined identification informed ‘The Island’ that these positive results were attributed to salient weather conditions at all elevations. Quoting the Asia Siyaka Tea report, they said low growns are at a healthy112.6 million kgs about 22 percent above 2020 results. John Keels Plc Tea report said Colombo was supported last week by Turkey ,Iran,, Russia, CIS countries, Libya, Iraq, and others. Prices in Colombo were at competitive levels including 27.4 thousand kilos green tea increasing green tea production to 1.3 million kilos.
Source: The Nation August 30, 2021 01:05 UTC