Craighead Estate achieves all time record price

Craighead Estate, Udahentenna, achieved an all-time record price of Rs. 1300 per kg for an OP1 grade in the Western Medium category, at the weekly tea auctions held on 10 July. This line of teas was purchased by M/s. St Clair Teas Ltd and marketed by M/s. Forbes & Walker Tea Brokers Ltd. 

 

Craighead is reputed for producing high quality, award winning teas, and has the distinction of achieving the following all time record prices in the Western Medium Elevation category: FBOPF1 at Rs. 1100; FBOP at Rs. 1800; BOP1 at Rs. 1360; and OP1 at Rs. 1300.

 

Craighead is situated in Nawalapitiya in the Kandy planting district, at an elevation of 800 m above sea level, and was originally built in 1914. This factory has an annual capacity of 550,000 kgs of made tea, and is certified under UTZ, Ethical Tea Partnership and ISO 22000:2005 Management System Certified for Manufacture of Black Tea. 

 

Craighead is managed by Abhishek Samarakoon, assisted by factory manager K. G. Kudabanda, and comes under the purview of Plantation Director Chaminda Guneratna for Kahawatte Plantations PLC, who are the managing agents for this estate.

 

Daily FT, 12th July 2018.

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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