Agri Business

Volumes offered rises at N India tea auctions

Our Bureau Kolkata | Updated on June 26, 2011

Last week at Sale 25, the total offerings (packages) at three North Indian tea auction centres at Kolkata, Guwahati and Siliguri were 313,317 kg as compared to 282,657 kg in the corresponding sale of the previous year, according to J Thomas & Company Pvt Ltd., the tea auctioneers.

The offerings at Kolkata were 149,375 kg (CTC/Dust 107,013 kg, Orthodox 37,487 kg and Darjeeling 4,875 kg) as compared to 118,716 ( CTC/Dust 81,552 kg, Orthodox 33,528 kg and Darjeeling 3,636 kg) in the corresponding sale of the previous year.

The corresponding figures for Guwahati were 94,588 kg (92,859 kg) and for Siliguri 69, 354 kg (71,082 kg).

Assam CTC teas showing seasonal improvement in quality met with strong demand and appreciated in value. The remainder tended irregularly easier following quality. Dooars sold irregularly around last levels. Tata Global operated actively while Hindustan Unilever lent useful support. Western India dealers were active for the improved sorts. There was good support from local and other internal sections. There was selective export enquiry on bolder brokens and grainy fannings.

Improved Orthodox offerings continued to meet with good demand and sold at dearer rates. The remainder were irregular around last levels. CIS and West Asia shippers were active. Continental buyers operated on the tippy sorts. Local dealers operated on the fannings and smaller brokens. Hindustan Unilever operated selectively on the fannings.

Darjeeling -Leaf grades showing seasonal improvement in quality were competed for and absorbed by traditional exporters. Brokens and Fannings sold at irregular rates. Tata Global was selective. Local buyers operated for smaller grades.

Published on June 26, 2011

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