Sri Lanka March tea output lowest in six years
May 10, 2016 13:00 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lanka’s tea production in March 2016, which was down 27.5 percent from a year earlier owing to drought, was the lowest since 2010, brokers said.
March tea output fell by 8.3 million kilos to 22.06 million kilos from 30.4 million kilos in March 2015.
It was the lowest since March 2010, when total production dropped to 21.05 million kilos, Forbes & Walker Tea Brokers said.
“All elevations, High, Medium and Low Growns, have shown a decrease in production.”
Teas grown in low lands, which account for a bulk of the crop, were the worst affected.
Low Grown production fell by 5.4 million kilos to 13.2 million kilos, the lowest since 2010 when Low Grown production dropped to 11.7 million kilos.
Tea output over January-March 2016 was down 9.1 million kilos to 70.2 million kilos from the same 2015 period.
(COLOMBO, May 10 2016)