The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker


    Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño

    Backstage
    Backstage
    Top contributor
    Top contributor


    Posts : 3803
    Join date : 2014-02-24

    Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño Empty Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño

    Post by Backstage Mon Jan 23, 2017 12:05 pm

    Sri Lanka to lose two-thirds of paddy crop this season from Indian Niño
    Jan 23, 2017

    ECONOMYNEXT - Sri Lanka's rice production from the main 'Maha' cultivation season in 2017 could drop by two million tonnes or around 60 percent of the usual volume, from a severe drought triggered by an Indian Ocean temperature oscillation, official estimates show.

    The latest crop forecast by Sri Lanka's Department of Agriculture estimates that the 2016/2017, Maha rice crop will fall to 1.02 million tonnes compared to around 2.9 to 3.0 million tonnes seen in a year with good rainfall.

    About 6 percent of the output is needed for seed paddy and about 6 percent is lost in wastage leaving about 620,000 tonnes of rice to be milled from 910,000 tonnes paddy available for consumption.

    Sri Lanka is estimated to consume about 196,000 tonnes of rice a month.

    Sri Lanka has been hit by a severe drought from sea temperature oscillation Indian Ocean Dipole (negative) event last year.

    Sea temperatures in the Western Indian Ocean was lower than usual in 2016, a phenomenon known as an Indian Ocean Dipole negative phase, which resulted in failed monsoons in Sri Lanka.

    Nicknamed Indian Niño, it would also cause floods in East Asia and Australia. The reverse happens during an Indian Ocean Dipole positive event. In the first quarter of 2017, IOD conditions are expected to be neutral.

    Agricultural regions in Sri Lanka's Dry Zone has been badly hit with tanks drying threatening drinking water. Authorities have limited water releases for agriculture to conserve water.

    Other than Amparai and Baticaloa in Eastern Sri Lanka, most other districts have planted sharply lower areas of paddy. Paddy is a water intensive crop. Farmers who plant alternative crops using less water can ensure that they still get financial security and avoid crop destruction.

    Though rainfall in 2017 is expected to be normal, paddy production in the minor 'Yala' cropping season is also expected to be hit, due to low starting storage in most irrigation reservoirs.

    At the end of the Maha season, tanks are usually about half full, but this year many are around 25 percent full, officials are have said.

    Sri Lanka's Disaster Management Minister Anura Yapa, had spearheaded a drive to prepare early for the drought and asked the public to conserve water use and electricity, with hydro power generation also hit.

    Sri Lanka's Disaster Management Centre says over a million people from 260,000 families have been affected by drought, fires and salt water intrusion into rivers supplying drinking water (Colombo/Jan23/2017)

      Current date/time is Wed Dec 11, 2024 2:04 am