Sri Lanka, March 24 -- Sri Lanka's tea exports fell in February, with volumes down 1.91 million kilograms year-on-year (YoY) to 20.40 million kilograms, industry data showed.

The decline, driven by lower demand across most tea categories except for packeted tea, pushed the cumulative January-February export volume to 39.77 million kilograms, down 1.30 million kilograms from the same period last year.

The Free on Board (FOB) value for February was Rs. 1,737.25, a drop of Rs. 51.91 from a year earlier. However, when measured in U.S. dollars, the FOB value rose by US$ 0.13.

For the cumulative January-February period, the FOB value stood at Rs.1,730.34, a decrease of Rs. 40.58, but an increase of US$ 0.25 in dollar terms.

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