Sharp decline in volume, quality anticipated at Sri Lanka tea auction
Jun 05, 2017 14:06 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lankan brokers are anticipating a sharp decline in both the quantity and quality of tea offered at forthcoming weekly Colombo auctions after heavy rains triggered floods and landslides in key growing areas, disrupting production and transport.
Most of the low grown planting sub districts in Kalutara, Galle and Matara were inundated once again due to torrential rains with rainfall figures well in excess of 500 mm, said John Keells Ltd.
“A few tea factories including the surrounding buildings, machinery and produce were affected badly in view of the floods and earth slips with high water levels in some low lying areas.”
The disaster conditions led to low worker turn out for plucking and other work, leading to fears that production f low grown tea, the bulk of the island’s crop, could be disrupted.
“We foresee a major decline in the quantities for cataloguing in the ensuing weeks since transportation of green leaf and produce is hindered to a great extent in these areas,” John Keells said.
“Hence, a sharp decline in the quality of tea too will be anticipated as the harvesting of green leaf has been severely hampered”
More than 200 people were killed in the floods and landslides in May.
(COLOMBO, June 05, 2017)