OTHER MARKET CENTRES

COLOMBO

 

There was improved demand for the 6.2 million kilos on offer. Best Western BOPs selected invoices gained substantially while others appreciated up to Rs20. Teas in the below best category were irregular while plainer clean leaf coloury sorts gained Rs30-40; others were firm around last. Nuwara Eliyas, last week’s high priced teas were substantially lower while others were up to Rs30 easier. Udapussellawas were Rs20 easier while Uva seasonal teas continued to sell firm to dearer following quality; other coloury sorts were firm and Rs10-20 dearer. Best Western BOPFs gained Rs20 and more as the sale progressed. In the below best category, brighter sorts which were Rs20 dearer at the commencement appreciated further, while others were firm and dearer to a lesser extent; plainer clean leaf teas which were Rs10 – 20 dearer at the start appreciated further by the close. Nuwara Eliyas were substantially lower while Udapussellawas were irregular. Uva seasonal teas, selected invoices were substantially dearer with other seasonal teas neglected while the coloury sorts were firm to dearer. Low Growns generally maintained levels. There was fair demand from shippers to CIS, Iraq, Saudi Arabia and Dubai while Turkey too was active but to a lesser extent.

 

Auction quotations in Rupees per Kg                                                     BOP                                       BOPF

 

Better Western High Grown                                                 700.00 – 880.00                      730.00 – 900.00                                     

Uva / Udapussellawas                                                          480.00 – 1300.00                    500.00 – 1050.00                   

Good Medium                                                                        610.00 – 890.00                      600.00 – 650.00

Low Medium                                                                                    N/A                                 400.00 – 520.00   

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR – 158.28).

KOLKATA

There was good demand. Assams were irregularly easier closely following quality.

CHITTAGONG

Fairly strong demand and prices were again a touch easier. All Brokens met strong demand particularly the smaller varieties and were about steady to slightly easier than last. Medium teas also eased slightly; plainer types were around last levels with others discounted. There were several withdrawals in the poorest category. Bright Fannings were well sought after but prices were a little easier while mediums were about steady; plainer sorts met better demand; cleaner types selling well but poorest varieties were discounted heavily with some withdrawals. CTC good liquoring varieties were around last except for CDs which were again lower; others were firm to slightly dearer with only a few withdrawals.

   

KOCHI

 

Orthodox met less demand. Selected best Nilgiris were around last and  settled at lower levels while medium whole leaf were firm; remainder were lower with fair withdrawals. CTC met good demand  with all varieties firm to dearer. The Dust sale met strong demand. Popular marks and  best category teas were substantially dearer while mediums and plainer sorts followed a similar trend.

 

GUWAHATI

 

There was good demand. Best and good liquoring teas were barely steady with smaller brokens and fannings tending easier; medium categories were barely steady. In the Dust sale good and best sorts were barely steady while clean grainy mediums and plainer sorts were around last; remainder were easier with selected well made secondaries readily absorbed.

 

SILIGURI

Good demand. Good and best sorts were irregular around last while medium and plainer varieties were barely steady.

MALAWI

The small quantity of 1,320 packages on offer met strong demand. BP1 were firm to 5USC up on last while PF1/D1 met good interest at generally firm rates. PD were not available. Few fresh secondary grades invoices were firm to dearer with older invoices neglected.

JAKARTA

There was fair general demand at irregular rates. Java Orthodox BOP/BOPF/DUST were firm to 2cts easier while better PF strengthened by 9-16cts with good mediums discounted by 2-6cts; BT and secondary grades were firm to 3cts dearer. Java BP1/PF1 maintained last prices while PD/DUST/D2 appreciated by 6-9cts above previous levels; FNGS declined by 5-7cts when sold. Sumatra BOP/BOPF/BT/DII declined by 2-4cts below last levels while PF/DUST/PFII gained by 1-3cts when sold; balance secondary grades held fully firm.