Forbes carries away 4 all-time record prices at Colombo Tea Auctions held on 2/3 October

Delmar Estate

Delmar Estate established yet another all-time record price of Rs. 800 for a Pekoe grade in the Udapussellawa elevational category. This invoice was purchased by M/s. Empire Teas Ltd.

Currently Delmar holds all time record prices for OP, OP1, BOP1 and Pekoe grades in its elevation category.

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 and 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. 

Dunsinane Estate

 Dunsinane Estate established an all-time record price of Rs. 730 per kg for a PF1 grade in the western high grown CTC category. This invoice was purchased by M/s., Uniworld Teas Ltd.

Dunsinane is situated at an elevation of 1400 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.

Mahagastotte Estate

Pedro Estate achieved an all-time record price of Rs. 720 per kg under the selling mark ‘Mahagastotte’ for a FGS 1 grade, in the Nuwara Eliya agro climatic planting district. This line of tea was purchased by M/s., Uniworld Teas Ltd.

Pedro Estate is situated in the Nuwara Eliya planting district and the factory at an elevation of 1,750 metres above sea level. This estate is currently certified under Rainforest Alliance, ISO22000:2005, HACCP, Ethical Tea Partnership and UTZ Code of Conduct for Tea. This estate is managed by Anura Senanayake, Deputy General Manager, and comes under the purview of Kelani Valley Plantation PLC.

Vellai Oya

 VellaiOya Estate achieved an all-time record price of Rs. 750 per kg for a BOPF grade for the second consecutive week in the western medium elevational category. This line of tea was purchased by M/s., Uniworld Tea Ltd.

Vellai Oya is situated in Watawala at an elevation of 1,331 metres above sea level and has a production capacity of a million kg of made tea per annum. This estate is certified under Rainforest Alliance, Ethical Tea Partnership and Fair Trade Labelling Organisation. The Manager of Vellai Oya is Prasanna Premachandra and comes under the purview of Watawala Plantations PLC.

 

Daily FT, 06th October 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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