Business Daily from THE HINDU group of publications Monday, May 28, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Darjeeling teas evoke good demand Our Bureau
Kolkata May 27 All the three auction centres at Kolkata, Siliguri and Guwahati witnessed a change in market trends with prices ruling firm to dear for CTC leaf and dust categories, according to J. Thomas and Company Pvt Ltd, tea auctioneers. The western India buyers operated for the improved liquoring varieties with improved inquiry from one of the major tea packeteers. The orthodox market remained buoyant; clean well-made whole leaf was firm with brokens and fannings tending dearer. The shippers for the West Asia and the CIS countries were active with some support from a major blender. Darjeeling teas evoked good demand with prices following quality. The traditional exporters as well as those to the UK/Continent operated. The local dealers also provided good support.
INTERNATIONAL MARKETS
The market in Colombo auctions continued to be strong with tippy varieties escalating in price with competition from the CIS and theWest Asia.
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