Agri Business

Orthodox tea offerings rise at Kolkata sale

Our Bureau Kolkata | Updated on March 11, 2011

This week at Sale 10, the total offerings (packages) at three North Indian India auction centres at Kolkata, Guwahati and Siliguri were 1,55,306 as compared to 1,53,300 in the corresponding sale of last year, according to J. Thomas & Company Pvt Ltd., the tea auctioneers. At Kolkata auction, the CTC/Dust offerings were lower at 63,619 (84,175) but offerings of orthodox at 11,815 (2,647) and Darjeeling at 224 (56) were substantially higher.

The total offerings at Kolkata thus were lower at 75,658 (84,878). The offerings at Guwahati were higher at 64,139 (46,081) but at Siliguri lower at 15,509 (20,341).

The CTC offerings were irregularly lower in line with decline in quality.

Dooars were irregularly lower. There was good support from Tata Global while Hindustan Unilever was quiet. Western India operated on the better liquoring teas on offer. Local dealers and other internal sections were active.

Earlier orthodox invoices on offer sold readily at dearer rates. The remainder were irregularly lower with quality. Stalky varieties were discounted. Exporters were active. Hindustan Unilever operated. Good support came from North India. Fair enquiries were from local dealers.

The small weight of Darjeeling teas on offer sold readily at firm to dearer rates following strong internal enquiry.

Published on March 11, 2011

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