OTHER MARKET CENTRES

COLOMBO

 

5.7 million kilos on offer met improved demand and prices strengthened as the sale progressed. Best Western BOPs were Rs10 lower while in the below best category brighter sorts were Rs10-20 dearer; plainer sorts were Rs20-30 dearer. Nuwara Eliyas were around last levels while Udapussellawas were irregular following quality; Uvas were up to Rs20 easier.  Best Western BOPFs were around last while teas in the below best category which commenced Rs10 dearer and appreciated Rs20 and more as the sale progressed; plainer/poor leaf teas which were Rs10-20 were dearer and gained further by the close. Nuwara Eliyas were firm and selectively dearer while Udapussellawas were irregular following quality; Uvas were Rs20 easier. The Low Growns were irregular. There was much less interest from shippers to the CIS and selective purchasing by UK, the Continent, Japan and South Africa while Turkey, Dubai, Iraq, Saudi Arabia and Kuwait were active.

                                               

Auction quotations in Rupees per Kg                                      BOP                                         BOPF

 

Better Western High Grown                                                  700.00 720.00                      700.00 730.00                     

Uva / Udapussellawas                                                          640.00 650.00                      630.00 670.00                                     

Good Medium                                                                          720.00 820.00                      690.00 710.00

Low Medium                                                                            680.00 700.00                      540.00 610.00

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 151.57).

KOLKATA

There was fair demand. CTC liquoring Assams were barely steady and tended easier while remainder were lower with quality particularly poor leaf and non-liquoring varieties. Orthodox met strong demand. Earlier whole leaf and brokens on offer were readily absorbed while remainder whole leaf and brokens were irregularly lower following decline in quality; bolder whole leaf were firm to dearer while leafier Fannings were irregular around last with remainder irregularly lower and at times saw withdrawals. In the Dust sale there was good demand. Liquoring Assams were barely steady to irregularly easier while well-made mediums were around last; secondaries sold readily.

CHITTAGONG

Old season teas on offer met strong demand. A few good liquoring BOPs were around last levels but medium varieties were a touch easier; bright small Brokens were a strong feature and generally firm with one or two lines appreciating following competition while plainer varieties were about steady. All other plainer varieties were easier and there were a few withdrawals in this category. A few bright Fannings were again a strong feature and generally fully firm to slightly dearer; good and medium varieties were firm while plainer types saw fair demand but were mostly a touch easier. CTC good liquoring varieties were a strong feature and appreciated while others were around last levels except plainest descriptions which were often difficult of sale with a few withdrawals.

 

KOCHI

 

Orthodox met fair demand. Selected best Nilgiris were irregularly lower in line with quality; well-made Medium Whole leaf and Primary Brokens  were firm to dearer while others were lower and at times difficult of sale with Fanings lower. CTC met fair demand with all varieties around last. In the Dust sale there was good demand. Best category and popular teas sold in line with quality at firm to dearer rates and improved as the sale progressed; selected good mediums were firm while remainder were around last with plainer sorts around last and at times dearer.

 

GUWAHATI

 

CTC met fair demand. Selected few good liquoring teas were around last while remainder were lower following quality. In the Dust sale there was good demand. Good and best sorts were barely steady while selected mediums were around last; remainder were easier while plainer category sold well in line with competition.

 

SILIGURI

There was good demand. Good and best were firm to occasionally dearer following competition.

MALAWI

1,120 packages on offer met fair demand that opened on firm to dearer levels but closed easier. BP1 were barely steady while PF1 opened firm but closed easier by up to 5USC. Few available PF1SC were steady while PD/D1 were firm to tending easier. The few available secondaries were dearer on last.

JAKARTA

There was improved interest following quality for the 11,320 packages on offer. Java Orthodox BOP/BOPF/BT/BTII better lots strengthened by 4-6cts while good mediums were withdrawn due to Seller expecting improved levels; PF/DUST/PFII/DII better lines appreciated by 4-6cts while good mediums were withdrawn. Java CTC BP1/PF1/PD better lots gained by 10-11cts but good mediums were withdrawn while DUST/DII gained by 4-6cts above last levels. Sumatra BOP/BOPF/PF/DUST/BT declined by 1-2cts when sold while secondary grades were firm to 3cts dearer.