Elpitiya creates Sri Lankan record
For highest rubber price:
Elpitiya Plantations PLC, managed by Aitken Spence, announced that
2000 kilos of Latex Crepe 1X from Devitura Estate was sold at Rs 700 per
kilo at the weekly public auction organized by the Ceylon Chamber of
Commerce yesterday.
It is the highest economy price ever recorded for Latex Crepe 1X
rubber in Sri Lankan history. Elpitiya plantations said that the
Devitura Estate was the only estate which had the power to reach the
mark of 700. Broker JD & Sons (Pvt) Ltd successfully sold the rubber to
Rajapaksha Trading (Pvt) Ltd at this rate which was considered to be the
top price for the day.
Elpitiya Plantations PLC consist of 13 estates, situated in the
upper, middle and low country regions owned and managed by Aitken Spence
Plantation Managements Ltd. These estates are cultivated with tea,
rubber, oil palm, and coconut.
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