Tea exporters express concern over loss of market share for Ceylon Tea | Daily FT

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Daily Financial Times

Tea Exporters Association (TEA) said yesterday that its members who are grappling with a number of internal and external issues such as low tea crop, high COP, fuel issue, sanctions on Russia, high freight rates, etc. are concerned of the possible loss of market share for Ceylon Tea if the corrective measures are not taken immediately. Since November last year the domestic tea crop has been declining largely due to the non-application of fertiliser on time and also due to adverse weather conditions prevailing in the tea growing regions during the last few months. In the first two months of 202…

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