OTHER MARKET CENTRES

COLOMBO

 

5.8 million kilos on offer met excellent demand. Best Western BOPs selected invoices gained Rs20 and more while others were around last levels. Teas in the below best category followed a similar trend while plainer sorts gained Rs20-30. Nuwara Eliyas were Rs20-50 dearer while Udapussellawas were Rs20-30 dearer with Uvas Rs20 dearer. Best Western BOPFs gained Rs20 and more while teas in the below best category gained Rs20-30 and more; plainer sorts were Rs20 dearer. Nuwara Eliyas Rs50-100 dearer while Udapussellawas were Rs30-40 dearer with Uvas upto Rs30 dearer. The Low Growns were generally fully firm to dearer. Improved activity from shippers to the CIS and China while Japan, UK and the Continent were selective. There was good demand from shippers to Dubai, Turkey, Saudi Arabia, Kuwait and Syria.

                                               

Auction quotations in Rupees per Kg                                               BOP                                 BOPF

 

Better Western High Grown                                                 680.00 740.00                      720.00 770.00                     

Uva / Udapussellawas                                                          670.00 940.00                      670.00 700.00                                     

Good Medium                                                                        770.00 820.00                      690.00 700.00

Low Medium                                                                          650.00 760.00                      550.00 610.00   

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 151.15).

KOLKATA

Strong demand. Orthodox clean, well-made whole leaf, brokens and leafy Fannings were firm around last; remainder whole leaf, brokens and smaller Fannings were irregular around last. In the Dust sale best Assams were around last while remainder Assams were firm to dearer; browner fibrous sorts were irregularly easier.

CHITTAGONG

Strong demand prevailed. Good BOPs were a very strong market and often advanced by upto Tk 10 while medium varieties also gained quite considerably. Smaller Brokens were strongly competed for and were mostly dearer by Tk5 to Tk7; plainer types met an irregular market with some withdrawals while poorest types saw a little more enquiry but a lot of them were withdrawn without bids. Coloury Fannings were a strong feature and prices advanced by upto Tk6 to Tk8; mediums were also dearer by Tk4 to Tk6 wile plainest were mostly dearer with a few withdrawals. CTC DUST were mostly dearer while selected few lines of best liquoring varieties were strongly competed for and were dearer by Tk10 and more; all others were fully firm to slightly dearer following competition.

 

KOCHI

 

Orthodox met good demand. Select best Nilgiris sold in line with quality at firm to dearer rates while medium Whole Leaf, cleaner primary and secondary Brokens followed a similar trend; poorer secondaries eased. CTC met fair demand with all varieties around last.  In the Dust sale there was good demand. Popular marks and best category teas were firm to dearer while good liquoring mediums with cleaner leaf followed a similar trend; plainer sorts were around last.

 

GUWAHATI

 

There was good demand. CTC selected few good liquoring teas were barely steady with Fannings tending easier; remainder were irregular ad lower following quality. In the Dust sale good and best category were firm while medium and plainer sorts were around last; well-made secondaries were readily absorbed.

 

SILIGURI

 

Good demand. Good and best sorts were firm to occasionally dearer while mediums are irregularly easier.

 

MALAWI

2,160 packages on offer met good demand at generally firm levels. BP1 were neglected while PF1/D1 were firm on last; PF1SC were firm  to tending easier. The few available secondary teas met strong competition and were dearer by up to 5USC on last.

 

JAKARTA

 

Less demand with a few quality met good support. Java Orthodox BOP/BOPF/BT/BTII were firm to 2cts dearer while PF/DUST/PFII/DII were discounted by 2-4cts below last levels. Java CTC BP1/PD declined by 3-5cts when sold while PF1/DUST appreciated by 5-8cts above previous rates; FNGS eased by up to 2cts below last levels. Sumatra BOP/BOPF/BT/BTII weakened by 2-5cts when sold while PF/DII were firm to 2cts easier; BP/PFII advanced by 2-4cts above previous prices.