Friday, November 14, 2008

The Colombo Tea Auction

The Colombo Tea Auction, held under the auspices of the Ceylon Chamber of Commerce, the precedent business chamber in the country, established in 1839, and managed by the Colombo Tea Traders’ Association, the apex body of the tea industry, is the world’s largest single-origin tea auction and is acknowledged as the one most professionally, transparently and efficiently conducted. An average of 6 million kilograms of tea, spread over 10,000 or more separate invoices are sold each week at 50 auctions held each year.

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