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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » April plucks highest ever tea crop

April plucks highest ever tea crop

4 posters

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1April plucks highest ever tea crop Empty April plucks highest ever tea crop Mon May 27, 2013 1:10 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Sri Lanka's tea production for the month of April of 33.5 million kilos was the highest ever surpassing the previous best of 32.2 million kilos recorded in the same month of 2005, according to Forbes and Walker Tea Brokers.

It said the April 2013 production showed a growth of 3.5 million kilos vis-à-vis 30.05 million kilos achieved a year earlier.

All elevations have shown a growth YOY with High growns in particular showing a growth of 18% vis-à-vis 2012.

Cumulative crops between January and April of 115.04 million kilos too showed a 10 million kilo growth in comparison to the corresponding period of last year.

High and Medium-grown elevations showed a growth vis-à-vis the corresponding period of 2012, whilst, Low-growns showed a marginal decline.
http://www.ft.lk/2013/05/27/april-plucks-highest-ever-tea-crop/

2April plucks highest ever tea crop Empty Re: April plucks highest ever tea crop Thu May 30, 2013 2:03 am

sriranga

sriranga
Co-Admin

http://www.forbesteaportal.com/Insidepages/Market_report/Report.asp?SaleYear=2013&SaleNumber=20&Sale_Date=20TH/%2021ST%20MAY%202013

http://sharemarket-srilanka.blogspot.co.uk/

3April plucks highest ever tea crop Empty Re: April plucks highest ever tea crop Thu May 30, 2013 8:58 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

When production is higher Auction prices tend to come down. So this is not that much good for plantations. Any way the demand for tea also at a higher stage.

If these 400+ average prices continue we will see the best results from all the tea plantations. MASK ELPL BOPL MPRH ....an all

http://www.forbesteaportal.com/Insidepages/Statistics/SriLankaWeeklyTeaAuction.html

I dont know why Forbs does not update the Average prices from Feb. 27............................Shit

4April plucks highest ever tea crop Empty Re: April plucks highest ever tea crop Thu May 30, 2013 9:26 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Due to prevailing fair weather this will continue in May - June also

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