Business Daily from THE HINDU group of publications
Monday, Oct 29, 2007
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Tea
Good demand for CTC teas at N. Indian auctions

Our Bureau

Kolkata, Oct. 28

Last week, the CTC teas at the North Indian auction centres of Kolkata, Siliguri and Guwahati witnessed good demand at firm to occasionally dearer levels, following continued strong buying from domestic segments and packeteers, according to tea auctioneers J Thomas & Company Pvt Ltd.

Orthodox varieties had a firm market with fannings often appreciating in value. CIS countries and West Asia continued to be the mainstay with the major blenders and local dealers operating on fannings.

Darjeeling teas sold at barely steady rates. Whole-leaf grades saw support from the major blenders while brokens and fannings met with local as well as export interest.

Crop prospects

After a subdued start in the first half of October, leaf intakes began to improve after Durga Puja.

Global trends

In Colombo, Sri Lankan teas continued to meet with strong demand and levels appreciated, with good inquiry from CIS countries, Far East, Japan and West Asia.

Kenyan teas at Mombasa met with good general demand at irregular rates.

Good support was evident from the UK, Egypt, Pakistan and the CIS countries.

More Stories on : Tea

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Fears of DAP shortage unfounded: Govt


Caution on Bengal gram, cumbu prices
Horticulture: Plan for upgrading research centres
Kerala PSUs under Agri Dept do well
Plea to make blending of ethanol with petrol mandatory
Good demand for CTC teas at N. Indian auctions
Cotton may consolidate, rise
Global meet on aluminium
Spandana Sphoorty forays into tractor, dairy finance
Maize futures may recover on lack of stocks
Coir sector opposes cess on turnover
Coir products to be sold in IOC outlets
Soyabean, groundnut set for record crop
Beedi workers oppose ‘pictorial warning’
Gold vulnerable to short-term correction


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line