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All elevations of tea recorded gains in both LKR and USD terms against November 2023 against negative variances in the corresponding month of 2022.
Total Elevation Average appreciates by Rs. 69.76 in comparison with previous month. Cumulative variance widens to Rs. 62.95 (USD 0.25 ) against end December 2022. National tea sales average for the month of December 2023 recorded Rs. 1,186.41 (USD 3.64) recording an increase of Rs. 69.76 and USD 0.22 against the month of November 2023 average of Rs. 1,116.65 (USD 3.42).
However in comparison to the December 2022 average of Rs. 1,454.24 (USD 4.00), shows a decrease of Rs. 267.83 and USD 0.35 YOY according to Forbes & Walker Research.
