The Hindu Business Line : CTC teas see good demand at N. Indian auctions

The major blender was active while there was good support from Tata Tea and other packeteers. Western India buyers supported the liquoring categories while other internal and local buyers as well as exporters operated as usual.

The Guwahati market was firm to dearer and the Siliguri market was all-round dearer.

Darjeeling better whole leaf was barely steady while remainder was easier.

Brokens had similar trend and fannings were steady. Traditional exporters and packeteers operated.

There were some inquiries from local buyers.

Orthodox sale

In the orthodox sale, whole leaf lower while smaller brokens around last. Bolder brokens and fannings were barely steady and occasionally easier.

West Asian and CIS shippers were active, along with enquiry from the major blender.

Weather

Most plantation districts reported rainfall and a decline in the daily green leaf intakes.

International

The Mombasa market was easier following quality. Pakistan packers were less forceful, the Egyptian packers lent good support, while UK and Kazakhstan showed good enquiry. Somalia was less active at the lower end of the market.

The Colombo auction saw a steady to dearer market except for the low growns and the ex-estate segment, which were lower. Traditional exporters operated at levels following quality.

More Stories on : Tea

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

Stories in this Section
Fresh ‘low’ expected to spin up over Bay today

Pause likely in commodity prices uptrend: Report

Higher input costs dog plantation sector

Ethanol-blended petrol plan likely to be deferred

Global tea output falls by 9.8 mkg

CTC teas see good demand at N. Indian auctions

Demand for quality tea at Coonoor sales

Speeding the tea-leaves

Comex gold may rise higher

Bullish trend seen in NY cotton

Castor seed futures may trade higher on low arrivals

Gold prices may remain at the mercy of $ movements, oil prices