Chairman of the Sri Lanka Tea Board, Raj Obeyesekere said initial auction prices dipped but have now stabilized, with the average price reaching Rs. 1,153 per kilogram.
Exports to countries like Kuwait, Saudi Arabia, and Iran faced disruptions due to tensions around the Strait of Hormuz, but alternative routes have enabled continued exports to markets such as Turkey and Iraq.
As a result, the overall impact on Sri Lanka’s tea industry is easing.
The Tea Board is also supporting the sector by ensuring fertilizer distribution to farmers and maintaining fuel supplies for uninterrupted factory operations.
