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Colombo
Tea Auctions
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Sri
Lanka's tea industry was just 16 years old when
Colombo's first tea auction was held by M/s. Sommerville
& Co. in 1883.
Today,
the Colombo tea auction has entered in to its second
century and ranks as the world largest tea auction
center with almost 200 companies vying with each
other, on behalf of the principals from all round
the world.
Almost
95% of the country's tea production is marketed
through the Colombo Auctions. The quantity offered
each week varies from 4 Mkg to 8 Mkg. Auctions are
held weekly and conducted by the Colombo Tea Traders
Association under the aegis of the Chamber of Commerce.
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COLOMBO
AUCTION PRICES
Sale No : 28
Sale Date: 20th / 21st July 2010
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| Elevation |
Quantity
(Kg)
|
Price
|
| |
| High
Grown |
| •
Uva
High |
577,261.00 |
274.36 |
| •
Western
High |
1,011,183.00 |
296.35 |
| •
High
grown Total |
1,588,444.00 |
288.36 |
| Medium
Grown |
| •
Uva
Medium |
458,547.00 |
308.61 |
| •
Western
Medium |
630,011.00 |
296.88 |
| •
Medium
Grown Total |
1,088,558.00 |
301.82 |
| Low
Grown |
| •
Low
Grown Total |
4,087,159.00
|
376.19 |
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Total
(All Elevations) |
6,764,161.00
|
343.60 |
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Cumulative
Data up to Last Sale (Provisional)
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The
following data includes sales at the Colombo
Auctions, Private sales and any Forward Contracts.
No
direct sales are included in the following data.
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| Elevation |
Quantity
(Kg)
|
Price
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| High
Grown |
| •
Uva
High |
13,164,303.00 |
311.44 |
| •
Western
High |
29,888,034.00 |
344.97 |
| •
High
grown Total |
43,052,337.00 |
334.72 |
| Medium
Grown |
| •
Uva
Medium |
11,757,108.00 |
334.49 |
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Western
Medium |
17,866,945.00 |
326.11 |
| •
Medium
Grown Total |
29,624,053.00
|
329.44 |
| Low
Grown |
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Low
Grown Total |
109,964,262.00 |
389.47 |
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Total
(All Elevations) |
182,640,652.00 |
366.83 |
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Posted on 23rd July 2010
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