Business | Sunday Observer


The Planters Association (PA) officials said the current cost of tea production is over Rs. 600 per kilo. The net sales average was Rs. 532, incurring a loss of Rs. 68 per kilo. Most plantations were making continuous losses because tea prices and rubber prices were low, far below cost at estate level. Sixty percent of the costs on estates was for labour wages. The PA...
2018-12-15 18:30:00
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