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Scanty rainfall till the middle of April that has caused crop loss of 30-70 per cent in large parts of Assam and West Bengal. This led to lower offerings (packages) this week at Sale 18 in the three North Indian tea auction centres. The offerings were 1,08,114, compared with 1,97,105 in the corresponding sale the previous year, according to J. Thomas & Company Pvt Ltd., tea auctioneers.
Offerings at Kolkata comprised CTC/Dust 31,956 (49,708), Orthodox 2,379 (23,544) and Darjeeling 1,204 (2,822). The offerings at Guwahati and Siliguri, comprising only CTC/Dust, were 34,086 (72,940) and 38, 489 (48,091) respectively.
Good Assam CTC offerings sold readily at around last levels while the remainder was irregularly lower. Good Dooars sold readily at firm rates while the remainder was irregularly lower. Western India dealers were the mainstay of the market. Tata Global operated selectively.
There was good enquiry from North India and local sections. Well-made orthodox whole-leaf grades on offer sold at irregular rates while the remainder eased in value. Broken grades ruled irregularly around last levels.
There was selective continental interest on tippy and liquoring varieties. Darjeeling new season whole leaf grades met with useful enquiry from traditional exporters and sold well in line quality.
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