Tea Price Report | Week 19 | Ending 15 May

In Sri Lanka, stronger competition persisted for cleaner, high-grown, well-manufactured teas, while secondary descriptions continued to encounter resistance. | In Colombo, prices averaged $3.24/kg this week, ↑ +$0.03/kg vs the previous week (Week 18), supported by continued supply tightness and stronger competition for select high-grown and well-manufactured leafy teas.

In North India, prices averaged $1.93/kg this week, ↑ by $0.04/kg vs the last reported average (Week 18), reflecting steady buying support for stronger liquoring North Indian teas and improved demand from blenders and exporters.

In Mombasa, prices averaged $2.23/kg, unchanged from the previous week (Sale 18 benchmark), supported by broadly stable buyer participation and orderly market clearance conditions.

In Indonesia, prices averaged $2.43/kg this week, ↑ by $0.02/kg vs the prior benchmark, reflecting improved support for orthodox teas and tighter available supply.

The broader market structure remains unchanged. Buyers continue to prioritize execution quality and blend reliability, while exporters remain disciplined because freight, financing, and energy costs continue to support pricing floors across the major origins. | Podlink signup: https://pod.link/1549975153

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