OTHER MARKET CENTRES

COLOMBO

 

Good demand particularly for the brighter teas for the 4.88 million kilos on offer. Best Western BOPs gained Rs10-20 and more for select invoices following quality. In the below best category, brighter teas were firm and Rs10-20 dearer; others were barely steady while plainer sorts were irregular and tended easier. Nuwara Eliyas were mostly unsold while Udapussellawas were barely steady. Uva coloury clean leaf teas were firm and marginally dearer while others were barely steady. Best Western BOPFs gained Rs10-20 and substantially more for select invoices. In the below best category, brighter sorts gained Rs10-20 while others were firm; plainer sorts tended easier. Nuwara Eliyas were mostly unsold while Udapussellawas declined Rs10-20. Uvas eased by Rs20 and more for the high priced teas. The Low Growns were generally firm to dearer. There was good demand from shippers to Turkey, CIS, Dubai, Libya, Saudi Arabia and Iraq.

Auction quotations in Rupees per Kg                                      BOP                                      BOPF

 

Better Western High Grown                                                 720.00 790.00                      740.00 870.00                                     

Uva / Udapussellawas                                                        560.00 700.00                      560.00 620.00                     

Good Medium                                                                      720.00 900.00                             710.00  

Low Medium                                                                         520.00 600.00                      490.00 520.00      

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 168.93).

KOLKATA

Good demand. CTC liquoring Assams and well made mediums were irregular around last; Cachars followed a similar trend while Dooars tended easier following quality. In the Dust sale liquoring Assams were around last with few lines appreciating; remainder were around last and few browner sorts were irregularly easier. Small weight of Dooars were steady to occasionally dearer.

CHITTAGONG

Fairly strong demand at easier rates. Brokens particularly BOPs met less demand and eased by Tk5 and more over last; plainer types met fairly good demand but there were quite a few withdrawals in this category. All good and medium Fannings met strong demand but prices eased by Tk3 to 5 while plainer types were an easier market with fair withdrawals. CTC good liquoring DUSTs were steady to easier by Tk5 to 7 closely following quality; medium and plainer sorts were lower by tk3 ot 5 with a few withdrawals.

 

KOCHI

 

Good demand. Orthodox select Nilgiris were irregularly lower in line with quality while medium whole leaf and fannings were firm to dearer; better made primary brokens followed a similar trend with remainder lower. CTC all varieties were around last. In the Dust sale Good and Best category were easier by up to Rs5 while mediums followed a similar trend with downward corrections; good demand for plainer types selling irregular around last.

 

GUWAHATI

 

There was good demand. Good liquoring teas were around last while clean grainy mediums followed a similar trend; remainder were irregular in line with quality. In the Dust sale best descriptions were steady while good and selected mediums and plainer sorts were around last; remainder were irregular with well made secondaries readily absorbed.

 

SILIGURI

 

Good demand. Good/best sorts were firm and appreciated following quality; medium teas were irregular around last.

MALAWI

There was good but selective demand for the 4,800 packages on offer. BP1 met good demand at firm to easier rates while PF1/PF were firm to 2USC easier. The few available PD/D1 were firm to 3USC easier. PF1SC met selective interest and where sold were firm on last. Secondary dust sold at 3USC dearer on last while respective fannings were taken out under bids.

JAKARTA

There was fair general demand at lower rates. Java Orthodox BOP/BOPF were discounted by 5-9cts when sold while PF/DUST/BT declined by 3-5cts below previous levels; secondary grades depreciated by 4-7cts below last sale. Java CTC PF1/PD were firm to 3cts easier while DUST/FNGS declined by 3-6cts below last prices. Sumatra BOP/PF weakened by 3-4cts when sold while BOPF gained by 3-4cts above last rates; DUST/BT were firm to 3cts easier.