The Hindu Business Line : Russia still hesitant to buy teas at Coonoor sales

Coonoor, Feb. 4 Russia continued to show hesitation to buy bulk teas for the second consecutive week here because of the new restrictions, despite the easing of the blanket ban in the import of Indian teas.

“The ban has been relaxed, not removed. Now, bulk imports are banned in all ports other than Kaliningrad and St Petersburg in Baltic Sea. There also, they are subject to stringent quarantine tests. These are causing practical difficulties to our importers. We don’t have much orders on hand. The ban itself is wrong, for, the officials discovered beetle pests in sesame not tea,” an exporter told Business Line.

Subdued export purchase

Pakistan was also selective with the trade relations between the two countries yet to become normal after the disturbances following the assassination of Ms Benazir Bhutto.

“Our importers continue to wait for quality teas at Mombassa although prices have shot up to $3 a kg following short supplies due to post-poll violence in Kenya. We hope soon, they have to come to India if the supplies and prices are unsuitable at Mombassa. Right now, orders on our hands are minimal,” an exporter explained. For the minimal purchases they made, they paid up to Rs 52 a kg.

There was some purchase for Egypt at Rs 50-53 a kg. Poland shippers chose minimal volume.

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