15 Jan 2007
This is already showing, with high elevation teas from the western Dimbulla plantation, the eastern Uva and intermediate Nuwara Eliyas fetching Rs. 300 to Rs. 400 (Rs. 109 for a US dollar) per kilo. It was the company-owned estates which took the brunt of the go-slow impact.
This pent up demand will come from all countries which buy good
Notwithstanding the intermediate showers, the eastern, or Dambulla-Dikoya quality tea season is expected to set in, in February, further boosting
Of immediate value is that with the Eid Festival just concluded, the Middle Eastern countries are expected to begin buying, their preference, which are low growns, and will boost prices up in the proprietary small-grown sector.
Meanwhile, the depreciating rupee at 109 per US dollar is expected to rise to 112 per dollar end-March, and benefit the local grower, a
Meanwhile,
Source: sundayobserver.lk
© Inacom. All Rights Reserved.