The orthodox leaf at Kolkata auction commanded a higher average price of Rs 238.43 a kg this week at sale no. 32, compared with Rs 233.28 last week and Rs 174.54 at the corresponding sale last year, according to J. Thomas & Company Pvt Ltd, the auctioneers.

The Paramount list attracted the highest average price of Rs 272.20 a kg.

The average price of CTC leaf at the auction was Rs 150.26 a kg, compared with Rs 151.27 last week. The total offerings (packages) at this week’s sale at the three North Indian tea auction centres in Kolkata, Guwahati and Siliguri were 4,01,240 as compared to 4,25,091 in the corresponding sale of the last year.

The offerings at Kolkata comprised CTC/Dust 1,58,397 (1,54,522), Orthodox 22,137 (40,578) and Darjeeling 8,762 (8,714). The corresponding figures for Guwahati were 1,25,659 (1,22,664) and for Siliguri, 86,285 (98,613). The offerings at Guwahati and Siliguri comprised mainly CTC/Dust.

Assam CTCs were barely steady and tended easier. Dooars sold at barely steady and irregularly lower rates. Orthodox tippy varieties were well absorbed in line with quality at lower levels compared to last. Clean, well-made whole leaf grades were irregular around last, brokens irregularly lower. Fannings were firm to dearer. Darjeeling whole leaf grades sold at firm rates. Brokens and fannings sold around last levels.

(This article was published in the Business Line print edition dated August 11, 2012)
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