The Hindu Business Line : Kolkata tea sale: Good demand for CTC leaf, dust

Last week, the CTC leaf and dust teas met with good demand at the auction centres in Guwahati, Siliguri and Kolkata. The offerings comprised old season varieties which were readily absorbed and the few earlier teas on offer sold at attractive rates. The major blender was selective while the other major packeteer was quiet. Internal sections operated strongly.

Selected well-made orthodox whole leaf sold well following inquiries from North India and local buyers. Stalk free clean varieties were firm to dearer while the remainder were lower following quality. There were some export inquiries.

The small weight of Darjeeling whole leaf on offer sold at firm to dearer rates while brokens and fannings were irregularly lower. Local dealers absorbed the bulk of the offerings.

CROP

The Kolkata sale 9, due on February 25, has been dropped in view of the paucity of arrivals.

INTERNATIONAL

In the Colombo auction, selected better sorts and plainer categories sold well at firm to dearer rates while the remainder tended irregularly lower. Traditional exporters were active.

The Mombasa market saw less demand at easier rates with some withdrawals. Few better smaller grades, however, saw good enquiry. West Asia and Russia lent strong support while Kazakhstan was fairly active with some interests from Sudan. The packers from Pakistan, the UK and Egypt were less active.

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