Tuesday, December 31, 2019

Tea production dips in November

Sri Lanka Tea production in November 2019 totalled 23.9 M/kgs, showing a decrease of 0.9 M/kgs vis-à-vis 24.8 M/kgs of January-November 2018.

High Growns have shown a fairly significant growth YOY followed by Mediums, whilst Low Growns show a decline as against November 2018. January-November cumulative production for 2019 of 278.1 M/kgs shows a marginal gain of 0.5 M/kgs vis-à-vis 277.6 M/kgs of January-November 2018.

On a cumulative basis, Medium Growns have shown a growth, whilst Low Growns have remained static. High Growns, however, show a decrease compared to January-November 2018, according to Forbes and Walker Tea Brokers.

CTC production for November 2019 totalled 2.2 M/kgs, showing a gain of 0.4 M/kgs vis-à-vis 1.8 M/kgs of November 2018. High Grown production has shown a substantial growth YOY with Mediums too showing a fairly significant gain, whilst Low Growns show a decrease compared to the corresponding month of 2018.

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