Mixed Performance for Tea National Sales Average (NSA) in October 📈

• Overall October NSA: The National Sales Average for tea in October was Rs. 1,177.14 per kilo (US$ 3.87/kg). • Monthly Trend: This reflected a Month-on-Month (MoM) decline of Rs. 14.48 ($0.07) compared to the September average. • Yearly Trend: Despite the MoM drop, the October NSA saw a Year-on-Year (YoY) increase of Rs. 4.99 ($0.12) against October 2024. • Year-to-Date (YTD): Cumulative NSA (Jan-Oct 2025) remains negative YoY at Rs. 1,161.99 ($3.87), a decline of Rs. 74.93 ($0.21) from the corresponding period in 2024. • Regional Breakdown (October): Low Grown average recorded the steepest MoM decrease (Rs. 19.66, $0.09). Medium Grown average saw a marginal positive LKR variance MoM (Rs. 3.43). Cumulatively (Jan-Oct), all regions recorded negative YoY variances in both LKR and USD terms. • Export Context: Separate data highlights that tea export earnings for the first nine months (Jan-Sept) increased by 9.8% to US$ 1.16 Bn. September earnings alone rose by 17% to US$ 137 million.