Agri Business

Offerings at N. India tea auctions see marginal rise

Our Bureau Kolkata | Updated on January 13, 2012 Published on January 13, 2012

tea

This week at Sale No. 2, the total offerings (packages) at three North Indian tea auction centres at Kolkata, Guwahati and Siliguri were 4,02,511 as compared to 3,88,723 in the corresponding sale of last year, according to J Thomas & Company Pvt Ltd., the tea auctioneers.

At Kolkata, the offerings were 1,83,722 (1,75,549) comprising CTC/Dust 1,55,678 ( 1,56,383), Orthodox 24,368 (15,917) and Darjeeling 3,676 (3,249).

The corresponding figures for Guwahati were 1,08,657 (1,09,641) and for Siliguri 1,10,132 (1,03,533).

In other words, the offerings of CTC/Dust at both Kolkata and Guwahati auction this week's sale were marginally lower that those in the corresponding sale of the last year.

Assam CTC teas maintaining quality sold at around last levels with selected improved lines fetching attractive prices. Remaining Assams were irregularly lower, particularly browner sorts. Well-made Dooars sold readily around last levels while the remainder tended irregularly easier. Tata Global operated actively while there was fair support from Hindustan Unilever. Western India dealers were active for the liquoring sorts. There was fair enquiry from North India and local sections. Exporters operated primarily on the bolder brokens.

Few selected cleaner well-made Orthodox whole sold well while line the remainder eased in value following quality. There was good support from the North India buyers on the bolder whole leaf. Hindustan Unilever operated for the fannings. Liquoring and tippy sorts saw interest from the exporters.

Few Darjeeling whole leaf grades maintaining quality sold well while the remainder were easier. Brokens and fannings eased in value. Tata Global did not operate while Hindustan Unilever was very selective. Other exporters were also subdued. Brokens and fannings were supported mainly by the local dealers.

Published on January 13, 2012
This article is closed for comments.
Please Email the Editor