The Sunday Leader

Tea up 27%

Tea prices in Colombo Auctions in September increased by 26.6% year on year (y.o.y.) to U.S.$ 3.76 a kilo. However tea production in the first 10 months of the year declined by 14.4% y.o.y. to 234.8 million kg.  Rice import prices in September increased by 32.9% y.o.y. to U.S.$ 727.8 per metric ton (p.m.t.) (c&f) and white sugar prices by 34.2% y.o.y. to U.S.$ 506.8 p.m.t. (c&f). Wheat import prices in the period under review declined by 36.4% y.o.y. to U.S.$ 268.4 p.m.t. (c&f) and that of crude oil by 23.8% y.o.y. to U.S.$ 75.50 per barrel (c&f). (Source: Central Bank)

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