Colombo Tea Auction: auction in Colombo
Colombo Tea Auction is a wholesale tea marketplace in Colombo associated with the Colombo Tea Traders' Association. Colombo, Sri Lanka.
AGR-354 · Auction · Colombo, Sri Lanka · LKR
Colombo Tea Auction is a wholesale tea marketplace in Colombo associated with the Colombo Tea Traders' Association. It connects producers, brokers and buyers supplying subsequent trade. CTTA describes the move to electronic auction infrastructure in April 2020. This directory treats the auction as one market; individual brokers' websites are information channels rather than additional exchanges. That approach keeps market identification separate from the choice of intermediary or reporting service.
Sale 42 on 27–28 October 2026 offered 11,218 lots weighing 5,217,518 kg. Both indicators concern one Colombo sale rather than Sri Lanka's total tea production.
CTTA describes a process involving cataloguing, tea evaluation and professional buyers and brokers. New participants should establish who will represent them and how access to the trading system will be arranged. Confirm the format of the specific session: an electronic operating model does not rule out separately announced physical events. The association's address is a contact point rather than a universal collection location for every consignment. The relevant warehouse and release instructions should be agreed with the parties handling the actual purchase.
A document can contain several markets and reporting periods. When locating a Colombo result, retain the sale number, date, grade and monetary unit. Supplies scheduled for a future auction are not results of a completed sale. Likewise, a top price for a selected lot is neither the average for the whole category nor a complete delivered quotation. Read the relevant table heading before transferring a number into a procurement budget.
Buyers should specify the tea's intended use, liquor profile, origin, grade and sampling requirements. Consistency matters for recurring blends, so retain a reference sample and lot identifier. Sellers should agree descriptions, catalogue timing, settlement and warehousing with their broker. A purchasing budget should separately include cargo preparation, transport, packaging and payment costs. Importers will benefit from a written agreement on the point at which responsibility transfers and the documents accompanying the specific shipment. Auction data helps prepare a commercial discussion, but it cannot replace confirmation of availability and quality before purchase. Recording both the specification and the full delivered cost makes later comparisons more reliable than relying on an overall market average alone.
What is priced: Coffee, cocoa, tea, sugar, cotton, rubber and spices
Where to find the prices
Products and quotations
Orthodox and CTC tea; High; Medium and Low Grown; Leafy; Tippy; Off Grade and Dust
Sources
- CTTA association and contact — ctta.lk
- Electronic auction organisation — ctta.lk
- Sale 42: offerings, 27–28 Oct 2026, p. 1 — www.forbestea.com
- Current and archived reports — www.forbestea.com
All agricultural exchanges, markets and price sources
