Agri Business

Offerings decline in N. India tea auctions

Our Correspondent Kolkata | Updated on July 13, 2012 Published on July 13, 2012

This week at Sale 28, the total offerings (packages) at three North Indian tea auction centres at Kolkata, Guwahati and Siliguri were 3,63,546 as compared to 3,75,307 in the corresponding sale of the previous year, according to J Thomas & Company Pvt Ltd., the tea auctioneers.

At Kolkata auction, the offerings comprised CTC/Dust 1,35,884 (1,36,701), Orthodox 17,273 (42,139) and Darjeeling 5,833 (6,893).

The offerings at Guwahati and Siliguri comprising mainly CTC/Dust were as follows: Guwahati 1,11,423 (1,04,659) and Siliguri 93,133 (84,915).

Assam CTCs were irregularly easier, with secondaries and reprints meeting with less demand. Plainer Assams, however, were around last level and irregularly lower. Dooars eased in value. Tata Global was active and there was fair support from Hindustan Unilever. Western India dealers supported the liquoring sorts. North India and local sections were selective. There was selective export enquiry on the larger brokens and fannings. Orthodox varieties continued to meet with strong demand. Tippy varieties sold at attractive levels. Cleaner varieties sold at dearer rates while the remainder was irregular around last. There was strong Continental interest on tippy and liquoring varieties. West Asia operated actively while there was fair support from CIS shippers.

Darjeeling whole leaf grades witnessed useful enquiry from traditional exporters and sold at firm to dearer rates. Similar brokens and fannings met with competition from exporters and were also firm to dearer. Hindustan Unilever was selective while Tata Global was quiet.

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Published on July 13, 2012
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