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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka tea production up 5.8-pct in May 2021

Sri Lanka tea production up 5.8-pct in May 2021

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samaritan


Moderator
Moderator

ECONOMYNEXT- Sri Lanka had produced 30.38 million kilograms of tea in May 2021, up 5.8 percent or 1.77 million higher from 28.60 million kilograms a year earlier, industry data showed.


https://economynext.com/sri-lanka-tea-production-up-5-8-pct-in-may-2021-84095/


SRI LANKA TEA EXPORTS – JANUARY TO MAY 2021

Tea Exports for the month of May 2021 totalled 23.79 million kgs, showing an increase of 1.13 million kgs vis-à-vis 22.66 million kgs of May 2020. When analysing the main categories of exports Bulk Tea has shown a marginal decrease, whilst Tea Bags and Packeted Tea have shown an increase compared to the corresponding period in 2020. The resulting FOB value of Rs. 916.47 (USD 4.69) records an increase of Rs. 18.80 compared to Rs. 897.67 (USD 4.83) of May 2020. It would be noteworthy that whilst the Rupee FOB values have increased in 2021, in USD terms it reflects a lower value.

[url=https://teasrilanka.org/market-reports#:~:text=Sri Lanka tea production for,the corresponding month of 2020.]https://teasrilanka.org/market-reports#:~:text=Sri%20Lanka%20tea%20production%20for,the%20corresponding%20month%20of%202020.[/url]

ForeigNer

ForeigNer
Senior Equity Analytic
Senior Equity Analytic

Good news for JKL .... !!!!

Good time to enter with .  Brokering arm is doing well .

According to the rumors JKL reports will out within  two weeks of time with a healthy PAT and staggering  EPS .

Friday volumes reflects the things gonna take place in coming 14 days .

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