Forbes bags 5 record prices at weekly tea auctions

Shawlands Estate

Shawlands Estate established yet another all-time record price of Rs. 1,400 for an OP1 grade in the Uva medium grown elevational category surpassing their previous record price of Rs. 1,250 for the same grade which was achieved last week. This invoice was purchased by M/s., Tea-Link Colombo Ltd.
 
Shawlands Estate is situated in Lunugala, Passara at an elevation of 990 metres above sea level and is certified under Rainforest Alliance, Ethical Tea Partnership, ISO 22000:2005/9001:2008 Management System Certified for Manufacture of Black Tea Food Sector and CQC. This estate is managed by Naresh Sahabandu and comes under the purview of Hapugastenna Plantations PLC. 
 
Dunsinane Estate
 
 Dunsinane Estate established an all-time record price of Rs. 710 per kg for a PF1 grade in the western high grown CTC category surpassing their own record price of Rs. 690 per kg for this grade.
 
Dunsinane is situated at an elevation of 1,400 metres above sea level at the Pundaluoya Valley in the Dimbula planting district. It is an ISO 22000:2005 and Rainforest alliance certified facility with an annual production capacity of over a million kilos of made tea per annum. This estate is managed by Asela Udumulla and comes under the purview of Elpitiya Plantations PLC.Kenmare Estate
 
Kenmare (Concordia) Estate established an all-time record price of Rs. 780 per kg for a BOPF grade in the Nuwara Eliya category. This line of tea was purchased by M/s., Unilever Lipton Ceylon Ltd. 
 
Kenmare(Concordia) Estate is situated in Kandapola, Nuwara Eliya at an elevation of 1,900 metres above sea level and has an annual production capacity of 900,000 kg of made tea per annum. This estate is certified under Rain Forest Alliance, Fair Trade, ISO 9001, ISO 22000 and Ethical Tea Partnership. Kenmare is managed by Lasantha Samarakoon and comes under the purview of Udapussellawa Plantations PLC. 
 
Delmar Estate
 
Delmar estate established yet another all-time record price of Rs. 760 for a Pekoe in the Uva/Udapussellawa elevational category. This invoice was purchased by M/s. George Steuart Teas Ltd.
 
Delmar Estate is situated in Halgranoya, in the Uda-pussellawa region, at an elevation of 1524 metres above sea level and is certified under ISO 9001:2008 & ISO 22000:2005 Management System Certified for Manufacture of Black Tea, Food Sector. This estate is managed by Sudath Liyanage and comes under the purview of Udapusselawa Plantations PLC. 
 
Gordon Estate
 
 
Gordon Estate too established an all-time record price of Rs. 760 per kg for a Pekoe in the Uva/Udapussellawa elevational category this week. This invoice was purchased by M/s. Unitrades Ltd.
 
Gordon Estate is situated in Uda-pussellawa, at an elevation of 1273 metres above sea level. This estate is managed by Richard Ohlmus and comes under the purview of Udapusselawa Plantations PLC. 
 
Daily FT, 22nd September 2017.

About F&W

Forbes & Walker was set up in 1881 as a partnership between James Forbes and Chapmen Walker. Although there is no actual record of the date on which it was established the very first cash book, still in the possession of the Finance Director, indicates the brokerages were earned from 1st August 1881. In Sir Thomas Villiers' book “Mercantile Lore” the date of establishment of Forbes & Walker has been put down      Read More...

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