Plantations in crisis; estates suffer Rs. 2.85 b losses in 2014

• Producers gravely concerned of loss of Rs. 35 on rubber and Rs. 30 on tea per kg sold last year 

Pluckers at a tea estate

 March 20, 2015

Plagued by plummeting tea prices, a rubber market at an all-time low and high production costs, 19 Regional Plantation Companies (RPCs) collectively made a staggering loss of nearly Rs. 2,850 million on rubber and tea in 2014.

Plantations in Crisis Estates Suffer Rs. 2.85 b Losses in 2014 by Thavam Ratna