Last week, at Sale No. 44 at the Kolkata tea auction, the price of CTC leaf at Rs 148.27 for one kg was up compared with Rs 143.14 at Sale 42 (there was no Sale 43 due to the Durga Puja holidays) while that of orthodox at Rs 172.69 (Rs 176.24) was lower, according to J. Thomas & Company Pvt Ltd, the tea auctioneers.

A little more than 84 per cent of CTC volumes were sold compared with 76.45 per cent in Sale No. 42 while the corresponding figures for orthodox were 79.45 per cent (71.07 per cent).

Next week, there will be no Sale No. 45 at Kolkata; the next sale will be Sale No. 46.

The total offerings (packages) at Kolkata covering Sale 44 comprised CTC/dust 1,14,825 (1,55,750) and orthodox 24,468 (55,612).

However, the Darjeeling offerings at Kolkata, Sale 45, were 7,326 (7,136). In Guwahati and Siliguri, in Sale 45, the offerings, mainly CTC/dust, were: Guwahati 1,54,218 (1,68,381) and Siliguri 1,10,032 (1,11,835).

Thus, the offerings at the three auction centres comprised Sale No. 44 for CTC/dust and orthodox and Sale 45 for Darjeeling at Kolkata and Sale 45 for CTC/dust at Guwahati and Siliguri and totalled 4,10,869 (4,98,714).

With the season gradually heading for closure, there is a declining trend in offerings.

Liquoring Assam CTC teas met with strong demand and sold at firm to dearer rates following improved enquiry from Hindustan Unilever and active support from Tata Global.

Mediums were firm to occasionally dearer while plainer categories sold at irregular rates.

Better Dooars was firm to occasionally dearer while the remainder sold at around the previous levels.

Western India dealers operated on the liquoring sorts. North India and local sections were active. Exporters operated on the larger brokens and fannings.

Orthodox offerings sold at easier rates. There was good support on tippy and liquoring varieties from Continental buyers. Exporters to the CIS were active.

Darjeeling whole leaf grades saw less enquiry from blenders and sold in line with quality.

Brokens sold readily while fannings were dearer following local and export enquiry.

(This article was published on November 11, 2012)
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