Because of holidays on account of Milad-un-Nabi and Poya, there was only a one-day auction on the seventh sale of the year here in which 4.7 million kg (mkg) was offered.
Low growns met with firm to dearer demand, while quotes for high and mid-grown small leaf varieties and their corresponding off grades and dusts went south, said the Forbes and Walker Tea Brokers. Ex-estate offerings grew marginally to 0.9 mkg compared to last week. Brokers had no cause for joy because despite the improved quality and lower volumes, the demand was not substantial. Bucking this trend, a select range of improved seasonal quality Westerns appreciated a tad by Rs 10-20 a kg following special enquiry. Nuwara Eliyas too, witnessed a slight upward movement in prices. CTC varieties showed no change.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.