OTHER MARKET CENTRES

COLOMBO

 

7.0 million kilos on offer met good demand. Best Western BOPs gained Rs20 and substantially more. In the below best category, brighter sorts were irregular while others were Rs30-40 dearer. At the lower end, brighter teas were dearer Rs30-40 while plainer sorts were barely steady. Nuwara Eliyas were irregular following quality while Udapussellawas were irregular and tended easier. Uvas were around last levels. Best Western BOPFs gained Rs30 and substantially more on select invoices. In the below best category, brighter sorts were Rs20-30 dearer with others irregular. At the low end, brighter teas were Rs30-50 dearer while plainer sorts were barely steady. Nuwara Eliyas were irregular and barely steady while Udapussellawas gained Rs10-20. Select range of Uvas were substantially dearer; others were Rs10-20 dearer. The Low Growns were generally dearer. There was good demand from shippers to CIS, Turkey, Iraq, Saudi Arabia and Dubai.

Auction quotations in Rupees per Kg                                      BOP                                      BOPF

 

Better Western High Grown                                                 660.00 – 800.00                      670.00 – 760.00                                     

Uva / Udapussellawas                                                          530.00 – 650.00                      500.00 – 660.00                     

Good Medium                                                                        630.00 – 850.00                      550.00 – 580.00

Low Medium                                                                           540.00 – 550.00                      490.00 – 520.00       

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR – 177.09).

KOLKATA

Good demand. CTC Assams maintaining quality were around last while remainder were irregularly easier particularly browner sorts. Orthodox met strong demand. Clean well made earlier invoices of whole leaf were firm around last while similar Brokens and Fannings were irregular around last; remainder whole leaf and brokens were irregular and at times tended lower following quality. Smaller and browner Fannings were irregularly lower and at times saw withdrawals. In the Dust sale better liquoring teas were easier with plainer categories around last levels.

CHITTAGONG

Old season teas met less demand. BOPs met only fair demand and were substantially easier over last. Bright liquoring GBOPs were a little easier while medium varieties eased by upto Tk7 and more; plainer sorts eased further with heavy withdrawals. Bright liquoring Fannings were about steady to slightly easier while medium types eased further; plainer varieties registered a sharp decline with heavy withdrawals. CTC DUST brighter liquoring teas met good competition and were around last while medium category were firm; remainder were barely steady to easier following quality with quite fair withdrawals.

 

KOCHI

 

Good demand. Orthodox select best Nilgiris were around last and at times dearer in line with quality while medium Whole leaf and Fannings saw downward price corrections; primary Brokens were around last. Secondaries and poor leaf teas were neglected. CTC smaller Brokens and Fannings were firm while others were around last. In the Dust sale high priced liquoring varieties were irregular and sometimes tended lower especially bolder grades barring a few of popular marks which were firm. Medium and plainer types were generally around last while Browner fibrous sorts were lower with some withdrawals.

 

GUWAHATI

 

There was good demand. Good category teas were barely steady while remainder were irregular following quality. In the Dust sale good and best categories were barely steady while select mediums and plainer sorts were around last; remainder were lower following quality.

 

SILIGURI

There was good demand. Good and best sorts were irregular following quality while medium and plainer teas were firm around last levels.

MALAWI

Report not received.

JAKARTA

10,340 packages on offer met improved demand. Java Orthodox BOP sold more or less at better levels on average during this year while BOPF/PF/DUST/BROTEAS/BROPEKS/PFII/BTII/DIII/FNNI mostly went price correction and shed between 4 to 19cts. Java CTC west and East Java BP1/PF1/PD/D1/FNGS/D2 eased between 1 to 10cts with less graded lines withdrawn as bid much below seller’s asking price; some even neglected. Just a few East Java CTC D2 advanced by 4cts; many still sold at around USD2. Sumatra BOP1/BOPF/BOPF/DUST/DII/BROPEKS saw many withdrawals with only a few lines 2 to 4cts easier when sold. PF/PFII were dearer between 2 to 3cts while BROTEAS/BTII/FNGSII lost 1 to 7cts.