Tea auction volumes rise as strong rupee weighs on high-grown prices
Sri Lanka’s tea auction offerings increased further this week, reaching 6.4 million kilogrammes, with Low and Mid Grown leafy and semi-leafy teas continuing to attract healthy demand and satisfactory prices despite emerging market challenges. Market analysts said High and Mid Grown Orthodox Rotovane BOP and BOPF grades came under pressure as sentiment turned bearish towards […]
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