FT

All-time record price equalled for Galpaditenne Tea Factory

Tuesday, 9 May 2017 00:00 -     - {{hitsCtrl.values.hits}}

A price of Rs. 1,000 was obtained for an invoice of OP1 Grade produced under the selling mark of Suduwelipothahena Super Tea Factory at the Colombo tea auctions yesterday.DFT-15-97

The Suduwelipothahena Super mark is situated in the Ratnapura region under the factory name of Galpaditenne Tea Factory, which is recognised for manufacturing good quality Low Grown Orthodox/CTC teas.

This factory comes under the KDU group which consists of eight factories and the Galpaditenne Tea Factory, which is recognised as the largest single-owned manufacturer in Asia.

This tea factory is owned by well-known entrepreneur Saman Upasena.

This invoice was purchased by George Steuart Teas Ltd. and went under the hammer of Mercantile Produce Brokers Ltd.

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