The Hindu Business Line : Good demand for quality teas at Kolkata sale

Last week, limited weight of the grainy better liquoring Assam CTCs sold irregularly around the last levels, according to tea auctioneers. Remainder tended easier following quality.

Dooars and Cachars also followed a similar trend. Liquoring dust teas maintaining quality continued to meet with good demand and sold well, while the medium and plainer dusts and teas showing a decline in quality were irregularly lower.

The major blenders continued to operate actively with some support from other packeteers. There were good inquiries from Western India dealers for liquoring sorts and other internal sections were selective. Export buyers operated primarily for larger brokens and liquoring fannings.

Improved Darjeeling whole leaf and brokens grades were firm. Remainder were lower. Fannings were easier. Packeteers operated. Local dealers were active.

Orthodox clean, well made whole leaf were firm with the larger brokens occasionally tending dearer. Remainder sold around last levels and at times tended lower. West Asia was active while CIS lent good support. Hindustan Unilever Ltd’s good support was on the fannings and liquoring smaller brokens. North India buyers lent good support on the bolder brokens. Last week, the leaf intakes were minimal in North India and it is reported that the season has come to a close.

Global markets

Mombasa saw a dearer market last week. The Egyptian packers were dominant while Afghanistan showed strong interest with Pakistan packers.

The UK, the Bazaar, Sudan, Yemen and other West Asian countries too extended strong support. There were more enquiries from Kazakhstan but Russia was quiet and the Egyptian Government buying was subdued. Somalia was active at the lower end of the market.

All varieties gained in value in Colombo. The stiff competition among the tea bag shippers was believed to be responsible for this.

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