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Friday, 13 April 2012 - 12:04
Tea prices rise in holiday week auction
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Prices of Sri Lanka's low grown teas, which account for the bulk of the crop, rose again at last week's auction and are now well above last year's levels.

A shortfall in crop in key growing countries owing to bad weather could also help prop up prices.

Brokers said there was good demand for teas grown at both high and low elevations.

The 3.1 million kilos of low grown teas that came under the hammer last week met with "exceptional demand".

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