OTHER MARKET CENTRES

COLOMBO

 

7.9 million kilos on offer met fair general demand at easier rates following quality.Best Western BOPs a selected range of teas in the best and below best categories were dearer while others declined Rs20; plainer teas eased Rs10-20 and more following quality. Nuwara Eliyas declined up to Rs50 while Udapussellawas were Rs20 lower. Uvas selected invoices were firm and dearer while others were irregularly easier. Best Western BOPFs where quality was maintained were firm to marginally easier while others and below best types declined Rs20; plainer sorts were up to Rs40 lower. Nuwara Eliyas were Rs30-40 easier while Udapussellawas were Rs30-50 lower. Uvas where quality was maintained were firm while others were Rs20 lower. The Low Growns were generally firm to dearer. There was good demand from shippers to Turkey, CIS, Iraq and Saudi Arabia.

 

Auction quotations in Rupees per Kg                                                     BOP                                       BOPF

 

Better Western High Grown                                                 570.00 720.00                      560.00 660.00                                     

Uva / Udapussellawas                                                          540.00 860.00                      510.00 550.00                     

Good Medium                                                                        690.00 780.00                      540.00 560.00

Low Medium                                                                                  640.00                              470.00 500.00

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 157.70).

KOLKATA

There was good demand. CTC liquoring Assams showing seasonal improvement substantially dearer following competition with few best sorts sold at attractive levels; browner sorts and reprints were irregular while few Cachars were irregular around last. Orthodox met strong demand. Clean well made tippy whole leaf, brokens and leafy Fannings showing seasonal improvement sold readily; remainder whole leaf and larger brokens were irregular around last. GBOPs smaller Fannings and secondary brokens were irregularly lower. In the Dust sale improved liquoring Assams met strong demand and appreciated; fibrous secondaries were irregularly easier.

 

CHITTAGONG

Stronger demand at dearer rates. All Brokens were dearer in line with quality while mediums and plainer types were around last levels. All Fannings were dearer by Tk2 to 3 and sometimes more for the best liquoring varieties; medium and plainer types sold around last levels. Good liquoring DUSTs were firm to slightly dearer following quality while others were around last rates.

   

KOCHI

 

Orthodox met good demand. Selected best Nilgiris saw a downward correction in prices and settled at lower levels; medium Whole Leaf eased while cleaner primary Brokens and selected few secondary Brokens were firm as were Fannings. CTC met fair demand  and all varieties were lower with fair withdrawals. In the Dust sale there was good demand, popular marks and best category were around last and settled at irregularly lower levels while mediums followed a similar trend with some withdrawals; plainer sorts were firm.

 

GUWAHATI

 

Strong demand. CTC teas showing seasonal improvement appreciated following competition with levels higher than last; remainder category saw fair demand. In the Dust sale teas showing seasonal improvement in quality were firm to dearer while mediums-plainer sorts sold well in line with competition. Well made secondaries were readily absorbed.

 

SILIGURI

There was good demand. Levels for best and better mediums were irregular around last and at times easier following quality.

MALAWI

5,720 packages on offer met strong demand at firm to dearer rates. BP1 were firm to 5USC up on last while PF1 met strong demand at firm to 7USC dearer. PF1SC were generally firm on last while PD/D1 were firm to 2USC up. The few available secondary teas attracted good interest and were firm to 10USC up on last.

JAKARTA

Fair demand at irregular rates. Java Orthodox BOP/BOPF/BT held fully firm when sold while PF/DUST/BTII declined by 2-3cts below last levels; secondary grades were firm to 2cts dearer. Java CTC BP1/PD/FNGS were discounted by 2-4cts below previous rates while PF1/DUST/D2 appreciated by 3-6cts above last prices. Sumatra BOP/BOPF/DUST/DII were firm to 3cts easier while PF gained by 3-13cts when sold; BT/PFII advanced by 2-3cts above last levels.