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An update on Ceylon tea.(Industry Overview)(Statistical Data Included)
After a difficult year in 1999, the tea industry in Sri Lanka is currently enjoying a period of strength and optimism. Maxwell Fernando, of Mercantile Produce Brokers (PVT) Ltd., explains how this has come about.
At the start of 2000, a restoration of stability brought about a complete change in attitude and aspiration for all concerned in the Ceylon tea industry and trade. The weather was favorable, and fertilizer applications went down at the right time, resulting in a surge in the crop. Marketing has been better organized, tea prices started to strengthen, and sufficient orders were received in Colombo to absorb excess tea produced. The port of Colombo worked ...
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Source: HighBeam Research, An update on Ceylon tea.(Industry Overview)(Statistical Data Included)