OTHER MARKET CENTRES

COLOMBO

 

7.2 million kilos on offer met good demand particularly for the well made teas. Best Western BOPs were firm following quality w hile below best varieties declined Rs10-20 with plainer sorts steady. Small selection of Nuwara Eliyas gained while others declined by Rs20. Udapussellawas were lower by Ts10-20 while Uvas selected range gained sharply with others at last levels. Best Western BOPFs eased by Rs10-20 while below best varieties were discounted by Rs20-30; plainer teas declined by a similar margin following quality. Nuwara Eliyas were around last levels while Uva/Udapussellawas were steady. The Low Growns were irregularly easier. There was good demand from shippers to Iraq, CIS, Dubai, Saudi Arabia and Turkey.

 

Auction quotations in Rupees per Kg                                                     BOP                                       BOPF

 

Better Western High Grown                                                                 570.00 700.00                      560.00 650.00                                     

Uva / Udapussellawas                                                                         450.00 820.00                      440.00 690.00                     

Good Medium                                                                                        690.00 740.00                            490.00

Low Medium                                                                                          590.00 630.00                            440.00

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 157.17).

KOLKATA

Good demand at lower levels. Orthodox few select well made tippy whole leaf, brokens and fannings were readily absorbed; remainder whole leaf, brokens and fannings were irregularly lower. In the Dust sale there was strong demand. Liquoring Assams sold well in line with quality; improved lines appreciated while browner fibrous sorts were irregularly easier.

 

CHITTAGONG

Old season teas met fairly strong demand. Good liquoring Brokens continued to meet fairly strong demand at firm to slightly dearer rates following competition; other varieties also sold well at around last levels. All Fannings also met strong demand with improved liquoring varieties appreciating by TK1 2 and occasionally more; all others were around last levels in line with quality. Good liquoring RDs/Ds were a strong feature and appreciated following competition by Tk1 2 while others were around last levels, however, all CDs eased.

   

KOCHI

 

Orthodox met fair demand. Select best Nilgiris were easier in line with quality while medium whole leaf and primary Brokens saq a downward correct in prices. Secondaries and Fannings eased  with some withdrawals on poor leaf  appearance teas. CTC met fair demand with all varieties irregularly lower. Good demand in the Dust sale. Popular marks and best category were around last and at times dearer while mediums were lower in line with quality; plainer sorts were easier with fair withdrawals.

 

GUWAHATI

 

CTC met good demand for the good and best liquoring sorts, selling at barely steady levels; remainder were irregular in line with quality. In the Dust sale there was strong demand. Selective good and best sorts were firm to occasionally dearer; remainder were around last while mediums and plainer sorts sold well in line with competition. Well made secondaries were readily absorbed.

 

SILIGURI

 

There was good demand. Medium and plainer varieties tended easier following quality.

 

MALAWI

 

3,880 packages on offer continued to meet good demand at firm to dearer rates. BP1 were firm while PF1 continue to meet strong demand at firm to dearer levels with better lines appreciating by 5 to 7USC. The few available PF1SC were well supported while PD/D1 were firm on last. Secondaries attracted strong competition and were dearer by 5 to 10USC.

 

JAKARTA

 

There was fair demand at irregular rates. Java Orthodox BOP/BOPF were discounted by 3-5cts below last levels while PF/BT gained by 3-6cts when sold; DUST/PFII/DII were firm to 3cts easier. Java CTC BP1 were firm to 2cts easier while PF1/D2 maintained previous levels; PD/DUST/FNGS advanced by 2-4cts above last week. Sumatra BOP/BOPF were dearer by 2-4cts above last levels while PF/DUST/BT declined by 3-5cts below previous rates; secondary grades held fully firm when sold.